This is a unique opportunity for a couple to own and operate an extremely classy restaurant in the River Park area of Sacramento. A Chef and Partner would be ideal as their first ever opportunity to run there own show. The interior of this business is fitted out to a high standard and shows beautifully. Take a look at the photos and you'll fall in love with this restaurant. You've got to see it! The Kitchen is in full view to the dining room. Presently the hours are only dinners six days a week and a new operator could open for lunch and Monday's, thereby greatly expanding the revenue's to exceed their expectations.
LEASE TERMS: The lease terms make this restaurant and bar opportunity one of the best you’ll find in this condition and market. Base monthly rent including CAM's is $2750 for 2,500 sq ft inside and 200 sq ft of outdoor dining.
This restaurant’s Location and lease terms make it extremely profitable. The building is full of real Italian charm. Complete with Italian Mural at the entrance, beautiful flooring which benefits from a real quality build out.
HISTORY: Buy the existing Restaurant's long standing reputation, concept, recipes, lease terms, furniture, fixtures, equipment, and Type 41 Beer and Wine License OR bring Your Own concept and take advantage of the Long lease terms, furniture, fixtures, equipment.
FINANCIAL PERFORMANCE: The seller has shared that the monthly sales are in excess of $25,000 and the Seller will gladly discuss the monthly sales averages and expenses with serious buyers.
The Seller has stated that the business is extremely strong, even in this economy. This is a great indication that should continue with increased stability in the economy. The main dining room will seat 60+. This is a great locals dining spot and has an intimate ambiance with many good Yelp reviews.
REASON FOR SELLING: The Sellers have other business commitments and goals and are ready for a new challenge.
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Paramount Restaurant Brokers, Inc. Listing
Population | 1-mi. | 3-mi. | 5-mi |
---|---|---|---|
2014 Total Population | 16,110 | 142,759 | 308,131 |
Households | 1-mi. | 3-mi. | 5-mi |
2010 Number Of Households | 7,593 | 58,262 | 124,720 |
2010 Persons Per Household | 2.07 | 2.29 | 2.32 |
Median House Value | $394,600 | $247,170 | $262,241 |
Income Per Household | $81,076 | $44,352 | $46,755 |
Businesses | 1-mi. | 3-mi. | 5-mi |
2009 Number Of Businesses | 495 | 4,690 | 9,683 |
2012 Number Of Employees | 20,112 | 177,006 | 310,850 |
2012 Total Annual Payroll | $533,446,000 | $4,294,967,295 | $4,294,967,295 |
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