This Breakfast and Lunch Bakery/Cafe is situated within a major Sacramento Medical facility. Surrounded by many Government offices, this Cafe has a captive audience. The cafe has been in business for 10 years and has an extremely established reputation in the area. The owners are now ready to retire leaving behind a quality business with extremely low overheads that produces great profits. Rent is a mere $1600 per month at 4% of Sales and the business is only open Monday - Friday 6.30am - 3.30pm, NO WEEKENDS, NO EVENINGS AND NO HOLIDAYS.
There is also a tremendous demand and opportunity for Catering to the surrounding offices which the present owners are only fulfilling a mere fraction. There is a great ambiance ready for an owner/operator to really enjoy this captive audience and loyal clientele. No need for marketing, the customers are on your doorstep with no where else to go for breakfast or lunch. In addition the ambiance is perfect as a casual business meeting place. There is seating inside and outside on the pretty Patio, very visible from the street in a very attractive environment. The lease has 5 years remaining and an additional 5 year option there after, only increasing 2% per annum and NO CAMS.
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This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409
Lease
Region:
Sacramento Restaurant For Sale
Lease Term:
Expires Feb 28th 2012 + 5yr Option
Total Monthly Rent:
$1,600
Financials
Last Year's Annual Gross:
$439,318
Last Year's Owner's Cash Flow:
$84,846
Last Year's Food Cost %:
36
Last Year's Payroll Cost %:
25
Operations
# of Full-Time Employees:
5
# of Part-Time Employees:
2
Hours Open:
Monday to Friday 6.30am - 3.30pm
Highlights
- AAA Location - 5-DAY Cafe!
- WOW, a highly profitable business
- Easy hours of operation
- Beautifully appointed
- 10 year track record
- Zero Competition
- Huge scope to increase Catering sales
- Extremely low overheads
- NO EVENINGS, WEEKENDS OR HOLIDAYS
- Surrounded by thousands of offices
- Long Lease with additional 5 yr option
- Good Tax Returns
Financing
Will Seller Lend To Buyer:
No
Demographics
Population |
1-mi. |
3-mi. |
5-mi |
2014 Total Population |
51,172 |
115,686 |
456,880 |
Households |
1-mi. |
3-mi. |
5-mi |
2010 Number Of Households |
17,744 |
43,261 |
165,071 |
2010 Persons Per Household |
2.68 |
2.51 |
2.60 |
Median House Value |
$181,336 |
$255,639 |
$232,620 |
Income Per Household |
$37,884 |
$46,391 |
$45,976 |
Businesses |
1-mi. |
3-mi. |
5-mi |
2009 Number Of Businesses |
548 |
2,187 |
11,018 |
2012 Number Of Employees |
35,104 |
90,026 |
358,562 |
2012 Total Annual Payroll |
$1,012,425,000 |
$2,542,609,000 |
$4,294,967,295 |
click for more demographic info
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.