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#1008
Sacramento Restaurant For Sale

Mongolian and Asian Buffet Restaurant in Sacramento Area!

$119,000
Mongolian and Asian Buffet Restaurant in Sacramento Area!
This Listing is Expired
This restaurant was established in 2002 and is famous for serving great Mongolian BBQ. The dinning room, which is clean and comfortable, seats up to 80 guests. The kitchen is equipped with a walk-in cooler, freezer and Chinese wok plus much more. It occupies about 3600sq/ft and is located in a retail center with high traffic street. Base rent only $2,372 per-month included CAM and water. Landlord will issue new 5 year lease and 5 year option to qualified buyers. Seller is very motivated to sell as the price reflects because both of his children have their own plans. Today many small business owners are in trouble because of �High Rent.� This rent is very affordable. So don't miss out on this deal! Seller claims monthly gross sales are $26,000 to $28,000. Buyer need to validate the numbers.

Take the next step and select one of the orange buttons below to get the name and address plus more photos.
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:
New Lease
Total Monthly Rent:
$2,372
Security Deposit:
$2,372

Financials

Last Year's Food Cost %:
28

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Family Employees:
2
Hours Open:
Mon-Thur 11am to 9pm
Fri-Sat 11am to 9:30pm
Year Established:
2002
Hood System Type 1:
Yes

Facilities

Indoor Seating:
80
Inside Sq. Ft.:
3,600

Highlights

  • Turn key Mongolian and buffet restaurant in Sacramento.
  • Seats up to 80 Guests
  • Great location with plenty of traffic and highly visible.
  • 3,600sq/ft with plenty of parking.
  • Rent is $2,372 a month including CAM and water.
  • Seller claims Monthly Gross is$26,000 to $28,000.
  • Dinning room is clean and comfortable
  • Kitchen has equipped walk-in cooler, freezer, Chinese wok and mush more.
  • Landlord will issue new 5 year term + 5 year opiton to qualify buyers.
  • Great for a family operated business.
  • Seller is very motivated to sell.
  • 請立刻豋記和簽保密同意書之後,便可得知餐館名和地點。

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 60,195 402,071
Households 3-mi. 5-mi
2010 Number Of Households 25,311 152,870
2010 Persons Per Household 2.30 2.48
Median House Value $301,000 $240,586
Income Per Household $54,322 $52,265
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,020 8,292
2012 Number Of Employees 27,234 270,096
2012 Total Annual Payroll $578,882,000 $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.

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