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#523
Chico Restaurants For Sale

Sit Down Taqueria Needs New Owner; Easily Converts To Your Concept

$65,000
Sold
Sit Down Taqueria Needs New Owner; Easily Converts To Your Concept
This Listing is Sold
Great opportunity to own your own restaurant in Chico California. This Taqueria needs some new ideas and possibly even your new concept. Situated in an area of redevelopment a new owner can capitalize on this below market rent. Seating 48 patrons inside this approx. 1850 Sq Ft facility seats another 16 on its patio. Lease is only $1000 a month. There is a ten foot hood system and a good assortment of equipment allowing an easy conversion to Italian, Thai or even your own style of BBQ. The restaurant shares a very large parking lot with a number of other businesses located on a very busy intersection, just down from the High School. Everything goes from the tables and chairs to the Beer & Wine license.
This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Chico Restaurants For Sale
Lease Term:
New Lease
Total Monthly Rent:
$1,000

Financials

Last Year's Annual Gross:
$115,506

Operations

Liquor License:
41
# of Part-Time Employees:
3
Hours Open:
Mon- Sat 11-8 pm
Closed Sunday
Year Established:
1998
Hood System Type 1:
Yes

Facilities

Indoor Seating:
48
Outdoor Seating:
16
Inside Sq. Ft.:
1,850
Outside Sq. Ft.:
75

Highlights

  • Below Market Rent
  • Approx 55 Cents a Sq Ft
  • Beer & Wine License Included
  • Bring Your Concept
  • Located in an Area of Redevelopment
  • Hood System in Place
  • Seats 48 Inside
  • Patio Seats 16 Patrons
  • Tons of Parking
  • Located on Very Busy Intersection
  • Needs Fresh Ideas
  • Located Close to the High School

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

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

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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