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#1118
Sacramento Restaurant For Sale

Upscale Area Restaurant Facility with All Infrastructure Ready to Go!

$10,000
Sold
Upscale Area Restaurant Facility with All Infrastructure Ready to Go!
This Listing is Sold

Selling Restaurants presents wonderful restaurant facility with all the hard work done for you already. It has a large and wide hood system for either baking or cooking. It has two walk-ins - freezer and cooler and a grease trap in place. Beautifully finished ceiling and an ADA bathroom. This space is ready for the finishing touches and without all the delays and hassles of permits. It would cost at least $100,000 to get this facility to the level it is today. This is a perfect Roseville upscale center in an upscale neighborhood with neighboring restaurants, including Starbucks, doing upward to $3.5 million annual sales. The center is on a major street surrounded by schools, hospitals, offices and million-dollar homes - or at least they use to be million dollar homes - humor. The frontage street is one of the busiest in Roseville with this broker guess the daily car count must be in the 40,000 range. This is Location! Location! Location! This was a very successful 5 year French Bakery and Deli doing more than $450k annually. But the owner sold it to an individual who quickly ran it into the ground in less than a year. Buyer have had architects quote less than $70,000 to get this restaurant finished with used equipment. Why spend $300,000 or more and wait 6 months for city approval when you could open up in a very reasonable amount time for an absolute fraction of the cost? The landlord will issue a brand new lease and will consider free rent period and will even negotiate the rent! A breakfast, lunch and catering operation could do nicely here as well as the rent is below retail market in the area.

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This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
new lease will be issued
Total Monthly Rent:
$3,450
Security Deposit:
$3,239

Operations

Year Established:
2004
Hood System Type 1:
Yes

Facilities

Indoor Seating:
18
# of Parking Spots:
100
Inside Sq. Ft.:
1300
Outside Sq. Ft.:
open

Highlights

  • Leasing Opportunity
  • convert to your own concept for a fraction to start from scratch
  • hood system and walkin cooler & freezer included
  • Location is closed
  • landlord will issue new lease
  • Massive potential for catering nearby
  • purchase a combination of new and used furniture,fixtures and equipment and you are up and running in no time
  • Perfect for deli concept

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 31,156 74,781 242,684
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 11,704 27,560 88,960
2010 Persons Per Household 2.51 2.55 2.58
Median House Value $332,300 $291,107 $276,584
Income Per Household $69,703 $64,416 $65,598
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,610 3,329 6,313
2012 Number Of Employees 56,264 116,926 175,588
2012 Total Annual Payroll $1,607,275,000 $3,146,394,000 $4,143,219,000

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("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.

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