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#1289
Sacramento Restaurant For Sale

Roseville/Granite Bay Restaurant Facility Perfect For Conversion

$79,000
Sold
Roseville/Granite Bay Restaurant Facility Perfect For Conversion
This Listing is Sold
Selling Restaurants presents this Asian Restaurant facility perfect for Vietnamese, Japanese, Thai, or even Chinese. Or if Asian isn't your dream conversion, than convert it to a breakfast lunch, American, sandwiches, French, Formal Italian, Mediterranean, or Mexican. This restaurant facility is right on a major street where 10's of thousands of cars drive by each day seeing the large and bright signage. There is a large garden style outside covered patio offering guest a relaxing cuisine experience and seats about 15 people or more. It is located in a shopping center and occupies an end-cap unit with 1,636 Sq. Ft. with a lease having 4 years remaining and a 5 year option and seats up to 60 people. The owner states the landlord is easy to work with and supports his tenants. This restaurant has operated for 6 years but the owner has to return to the Bay Area due to serious family issues. The monthly rent is only $3,681 with a common area maintenance (CAM) fee of $890. It resides in a very upscale neighborhood crying out for good restaurants with creative food options at good prices and great quality. The average household income in the area is the highest in the area by a long-shot. This is a professional neighborhood. There are medical offices close-by along with thousands of upscale homes within a few miles. This is the sale of a facility at fraction of the cost of building a restaurant like it. Financials will be given for the sole purpose of determining operating costs in the area.

Please select one of the orange buttons below to get the name and address of this restaurant.
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:
Expires May 2012 + one 5 year option
Total Monthly Rent:
$3,681
Security Deposit:
$3,861

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Family Employees:
1
Hours Open:
Lunch 11-3
Dinner 4-9 week day
Dinner 4-10 Weekend
Year Established:
2002
Hood System Type 1:
Yes

Facilities

Indoor Seating:
60
Outdoor Seating:
15
Inside Sq. Ft.:
1,636
Outside Sq. Ft.:
250

Highlights

  • Bring your dreams and make this location a winner restaurant!
  • The Kitchen is setup for American/Euro style cooking. No Woks.
  • Walkin Cooler and Large Hood System with Double Fyer; Charbroiler; 8 Burner Stove.
  • Large Outside Garden Pation seats 15+.
  • Business has operated successfully for 6 years.
  • Very Upscale Area Perfect for Japanese, American, Breakfast/Lunch, French, and even Mexican
  • Beer and Wine License Included
  • ARTWORK NOT INCLUDED IN SALE

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

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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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