Chico Restaurants For Sale
Price Reduced! Superb Opportunity to own your Restaurant with Real Estate
This is a great opportunity to own the Real Estate and a great Breakfast & Lunch Restaurant business on a major thoroughfare, in a city about 45 minutes north of Sacramento. This sale represents your opportunity to be your own Boss while enjoying the lifestyle of owning your own Restaurant. The long term investment of purchasing the Real Estate will pay dividends in the years to come. Every Restaurant operator wished they could own their building. Just think, No Rent and No Landlord able to increase rent and other charges or interfere in any way with your ultimate goals, leaving you the total freedom to offer the concept of your choice. Or, you be the Landlord and lease the restaurant. Wow! what a Win Win opportunity this will be. You could alter the concept altogether as the building shows well and could be a full service restaurant or sports bar with a full liquor license.
The interior of this business is turn key and shows well. Take a look at the photos and you'll see just how nice it is. There are over 100 seats and a private dining room seating a further 60 for party's and group occasions. The Restaurant is turn key and minimal investment is required. Just purchase, own, organize, grow and then deligate to enjoy a good life away from the hussle and bussle of city life less than an hour from the Capital.
LOCATION: Situated on the main Hwy, in the center of town. This restaurant is a free standing building with land ownership of about an acre, near schools and highly poulated residential area.
LEASE TERMS: What Lease! Remember what I said earlier. "You are the Landlord." Bliss!!!
FINANCIALS: This location's revenue in 2010 was approximately $300,000 and running around $25,000 per month in 2011.
HISTORY: This existing Breakfast & Lunch Restaurant has been at this location since 2006 and has been a restaurant since before 1980. All the furniture, fixtures, equipment are included with the real estate sale.
The Seller has stated that the business was extremely strong in previous years prior to the downturn in the economy. This is a great indication this will repeat with increased stability in the economy. Now is the time to take the Leap into the Real Estate and Business Ownership and enjoy the Landlord Lifestyle.
HOUR OF OPERATION: Presently the Restaurant is open for 6.00am to 2.00pm daily. There is huge scope to increase business offering dinner and possibly and completely different concept.
REASON FOR SELLING: The Seller has many more restaurant and business interests and in 2010 was totally absentee and wishes to concentrate on his other business ventures.
This is a Paramount Restaurant Brokers, Inc., Listing. A California Corporation
Broker of Record Rob Tade DRE License #01339409
Lease
Financials
Operations
Facilities
Highlights
- Great Real Estate and Restaurant Business
- No Landlords to Interfere
- Free Standing Building
- High Visibility on a Main Hwy
- Large Roadside Signage
- Large Dining room with an extra Private Dining room
- Small line Kitchen but good sized and fully equipped prep area
- Concept could totally change
- Great Location surrounded by many local cities
- Turn Key operation
- Would suit a budding Chef looking to make a name
- Good looking building in good condition
Financing
Demographics
| Population | 3-mi. | 5-mi |
|---|---|---|
| 2014 Total Population | 10,562 | 13,717 |
| Households | 3-mi. | 5-mi |
| 2010 Number Of Households | 3,154 | 4,299 |
| 2010 Persons Per Household | 3.26 | 3.14 |
| Median House Value | $161,000 | $168,537 |
| Income Per Household | $45,414 | $50,172 |
| Businesses | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 92 | 126 |
| 2012 Number Of Employees | 1,740 | 2,738 |
| 2012 Total Annual Payroll | $25,308,000 | $41,040,000 |
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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.