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#476
Chico Restaurants For Sale

In The Heart of College Housing: Restaurant Facility Including Real Estate

$650,000
Sold
In The Heart of College Housing: Restaurant Facility Including Real Estate
This Listing is Sold
Real Estate included in this turn key restaurant facility. This very high visibility location is in a very desirable area of college rentals and just steps from the University. There is approx. 135 feet of street frontage. This is a very busy street for both cars and foot traffic. Almost all the equipment including the hood system is new. There are walk-ins at each side of the cooks line as well as built-in refrigeration under the bar. ALL NEW. This 3600 Sq.Ft. facility sits on over 22000 Sq.Ft. of property. This is a rare find and an excellent investment opportunity. Priced below market for a quick sale.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Chico Restaurants For Sale

Facilities

Lot Sq. Ft.:
22215

Highlights

  • REAL ESTATE INCLUDED
  • STEPS FROM THE UNIVERSITY
  • HIGH VISIBILITY LOCATION
  • LOTS OF FOOT & CAR TRAFFIC
  • 3600 Sq.Ft. RESTAURANT FACILITY
  • 22215 Sq.Ft. OF LAND
  • IN THE HEART OF COLLEGE RENTALS
  • EQUIPMENT & HOOD SYSTEM NEW
  • 18 BEER TAP SYSTEM
  • P.O.S. SYSTEM
  • TURN-KEY RESTAURANT
  • PRICED BELOW MARKET

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 1-mi. 5-mi
2014 Total Population 36,389 73,162
Households 1-mi. 5-mi
2010 Number Of Households 15,419 29,899
2010 Persons Per Household 2.34 2.38
Median House Value $270,100 $281,965
Income Per Household $39,216 $42,126
Businesses 1-mi. 5-mi
2009 Number Of Businesses 1,012 2,197
2012 Number Of Employees 26,244 59,120
2012 Total Annual Payroll $507,110,000 $1,017,997,000

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.

Other Listings in the Area
  •  Profitable Mexican Restaurant
    #6426
    Profitable Mexican Restaurant
    Lease:  
    Expires Oct. 1, 2024 with two 5 year options
    Monthly Rent:  
    $5,600
    Annual Revenues:  
    $824,767
    Annual Adj. Net:  
    $198,338
    Square Feet:  
    3,000
    Available
    $175,000

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