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#5611
Chico Restaurants For Sale

Profitable Sports Bar & Restaurant with Hard Liquor

$295,000
Profitable Sports Bar & Restaurant with Hard Liquor
This Listing is Expired

Go visit this Great Sports Bar by Selecting the Link to the Left "Sign NDA."

Profitable Established Bar & Restaurant is located on the busy street in a good area.

Beautiful Northern California city where you can continue the current concept or bring your concept and menu!  This place has everything you need with a large commercial kitchen, Beautiful upscale Wood Bar and Large Dining Room. There is a separate private Dining Area for meetings and small parties and events.

Seller invested over $75K in a new tap system and improvements.

  • Type 47 Full Liquor license
  • 44 Super Tap glycol system 
  • Large Patio with a new enclosure

Kitchen: Fully Equipped Kitchen with 10 Burner Stove, Flat Grill, Char-Grill, Hobart, Ice Machine, Fryers, Reach-in Freezer, 2 Walk-in Coolers - one for Food & one for Beer Kegs, projector & 9 flat TV’s, 2 stations POS plus tablets...and more!

Lease: $6,413/month 4,748 sqft. 

Seating for 130 plus a Large Outdoor Patio with cover.

License: 47/58 liquor license included

Sales: 2019 $688,700. 

Make your offer Soon!

Reason for Selling: Owner has other business that takes precedence.

Please visit SellingRestaurants.com to get the name and location as well as photos of this listing. 

This is a Stone Path Brokerage Services Inc listing.
Restaurant Broker Scott Beaton DRE License #01853968

Lease

Region:
Chico Restaurants For Sale
Lease Term:
Expires 2/28/2022 plus 2- Five year Options
Total Monthly Rent:
$6,413
Security Deposit:
$5,300

Financials

Last Year's Annual Gross:
$688,700
Last Year's Owner's Cash Flow:
$141,988
Last Year's Food Cost %:
31
Last Year's Payroll Cost %:
17.4
Last Year's Rent %:
14.8

Operations

Liquor License:
47/58
# of Full-Time Employees:
5
# of Part-Time Employees:
7
# of Family Employees:
1
Hours Open:
S-M 11-8, T-Th 11-10, F-S 11-11
Year Established:
2018
Hood System Type 1:
Yes

Facilities

Indoor Seating:
130
Outdoor Seating:
100
Inside Sq. Ft.:
4,748
Outside Sq. Ft.:
800 approx

Highlights

  • Nice Wood Bar
  • 47 Full Liquor License
  • 44 Tap Craft Beer system @ $50K invested
  • Large Patio
  • Large Kitchen and Dining for Any menu
  • Room to Add Brewery

Financing

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

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

DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, 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 addition to seeking professional advice from an attorney as well as a CPA.  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 (if included in the sale), 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. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the 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 and User should often review the listing on the website to keep up to date.

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    Annual Revenues:  
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