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#993
Chico Restaurants For Sale

Real Estate Included: Restaurant with Hard Liquor & Rental Spaces

$645,000
Real Estate Included: Restaurant with Hard Liquor & Rental Spaces
This Listing is Expired
Selling Restaurants presents this Great Restaurant located right in the middle of the Pacific Fly Way this is a Duck Hunters Paradise. This is a full service restaurant with type 47 Hard Liquor License included. Currently the business is employee run and needs a hand on approach to be successful. Above the restaurant are eleven professional offices, a conference room w/kitchenette, reception area and restrooms with showers. These offices are in excellent condition and wired for DSL. Currently five of the offices are rented. Total potential rents for just the offices are $4858.55 month. If you�re looking for an investment you could resale the business, put some cash back in your pocket and lease back the restaurant/bar. The restaurant/bar should lease for approx. $2000 a month plus NNN. Each floor is approx. 4000 Sq Ft with separate entrances for the offices and restaurant. The restaurant also has an outside patio with heaters and a covered patio area. The potential here is huge! There is also an outside service bar for busy nights and special events. The bar is separated from the two dining rooms by the fully equipped kitchen. The bar has a small stage with a sound system, stage lighting, karaoke, pool, Juke Box and even a Disco Ball. There are two wells at this horseshoe shaped bar. The bar/lounge alone seats about 45 people and has its own small walk-in refer. There are two dining rooms, one seats 28 and the other seats 32 people. This is a great investment for an owner operator with huge rental potential from the upstairs offices. Please select one of the orange buttons below to get the location of this property.
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
Lease Term:
Real Estate Included

Operations

Liquor License:
47
# of Full-Time Employees:
2
# of Part-Time Employees:
14
# of Family Employees:
1
Hours Open:
11-2 Lunch
5-9 Dinner
7 Days a Week
Hood System Type 1:
Yes

Facilities

Indoor Seating:
104
Outdoor Seating:
50
Inside Sq. Ft.:
8,000
Outside Sq. Ft.:
1500-2000
Total Building Sq. Ft.:
Residential/Office Sq. Ft.:
4000

Highlights

  • Real Estate Included - Great Investment!
  • Eleven Professional Office Spaces Upstairs
  • Approx 8000 Sq Ft Total
  • Located in Duck Hunters Paradise
  • Outside Patio with Heaters and Service Bar
  • Bar Seats 44
  • Restaurant Seats 60
  • Total Potential Rents $82,302 a Year
  • Restaurant is Absentee Run
  • Sell the Business and become a Landlord
  • Huge Potential

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 5-mi
2014 Total Population 7,425
Households 5-mi
2010 Number Of Households 2,825
2010 Persons Per Household 2.71
Median House Value $173,900
Income Per Household $50,531
Businesses 5-mi
2009 Number Of Businesses 182
2012 Number Of Employees 3,964
2012 Total Annual Payroll $74,298,000

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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.


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