Here we have a very successful, high volume Seafood Buffet and all you can eat Sushi restaurant with a great lease and location. It is across the street from two newly renovated mall areas with major anchors and established neighborhoods. The inside square footage is 8,489 square feet at an unbelievable $.97/foot. The cams are only an additional $.19/foot. This is an amazingly low cost for an establishment of this size. There is 7 years remaining on this lease and two additional 5 year extensions...this is set up to be a legacy location. The monthly gross is approx $100,000 and is supported by 250 seats inside and 50 parking spaces to facilitate the flow of the business. When you look at the pictures you will see how the build-out is designed to move the customers through multiple buffet tables and into the seating area or back to the large banquet room. The pictures show a huge kitchen with multiple hoods and substantial storage. Walk in refrigeration and a huge dishwashing station round out the complete production facility that makes-up the kitchen. A qualified and experienced Manager and Chef keep this absentee facility running at full speed.
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This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409
Lease
Region:
Sacramento Restaurant For Sale
Lease Term:
7 year remain, two 5 year extentions
Total Monthly Rent:
$8,489
Financials
Last Year's Annual Gross:
$1,133,855
Last Year's Owner's Cash Flow:
$153,125
Last Year's Food Cost %:
374160
Last Year's Payroll Cost %:
14
Operations
# of Full-Time Employees:
9
# of Part-Time Employees:
4
Hours Open:
Every day 11am to 9pm.
Highlights
- Successful High Volume Seafood Buffet/Sushi Bar
- Very attaractive high traffic location
- Extensive Kitchen Buildout for high production demand
- Low Cost per square foot large location
- Seven Years remain on existing lease with two five year extensions
- Inside seating for 250 customers and 50 Parking Spaces
- Multiple hoods and extensive storage compliment the kitchen
- Large Banquet Room
- Separate Beverage Station Between main dining room and Banquet Room
Financing
Will Seller Lend To Buyer:
No
Demographics
Population |
1-mi. |
3-mi. |
5-mi |
2014 Total Population |
35,392 |
93,000 |
321,630 |
Households |
1-mi. |
3-mi. |
5-mi |
2010 Number Of Households |
14,529 |
33,952 |
120,210 |
2010 Persons Per Household |
2.30 |
2.56 |
2.52 |
Median House Value |
$244,500 |
$265,366 |
$236,294 |
Income Per Household |
$38,750 |
$50,779 |
$47,890 |
Businesses |
1-mi. |
3-mi. |
5-mi |
2009 Number Of Businesses |
730 |
1,738 |
7,242 |
2012 Number Of Employees |
19,206 |
54,858 |
234,924 |
2012 Total Annual Payroll |
$399,673,000 |
$1,332,149,000 |
$4,294,967,295 |
click for more demographic info
Disclaimer
Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it. In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business. Owning a business is a risky venture, but can also be a rewarding one. The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. DRE License # 01339409.