Selling Restaurant
See More
About Us
Contact Us
Search Selling Restaurants Listings
#422
Chico~Yuba City

TURN-KEY RESTAURANT IN HEART OF COLLEGE AREA

$59,900
Sold
TURN-KEY RESTAURANT IN HEART OF COLLEGE AREA
This Listing is Sold
This is a very established restaurant facility that needs an owner operator to make it profitable. Whether you continue the existing concept or bring your own ideas to the table. This stand alone building has an excellent lease @ .91 per sq foot. The facility is 1428sq ft. and has an outdoor patio that seats over 20 guests.This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Chico~Yuba City
Lease Term:
3 or 5 yr w/3yr option
Total Monthly Rent:
$1,300
Security Deposit:
$1,300

Financials

Last Year's Annual Gross:
$212,624
Last Year's Food Cost %:
47.4
Last Year's Payroll Cost %:
44.6
Last Year's Rent %:
7.9

Operations

Liquor License:
41
# of Full-Time Employees:
1
# of Part-Time Employees:
10
Hours Open:
11:30am- 10:00pm 7 days a week
Year Established:
2003

Facilities

Indoor Seating:
22
Outdoor Seating:
24
# of Parking Spots:
6
Inside Sq. Ft.:
1428

Highlights

  • TURN-KEY RESTAURANT W/TYPE 41 BEER &WINE
  • EXCELLENT LOCATION NEAR UNIVERSITY
  • BELOW MARKET RENT .91 PER SQ.FT.
  • NEEDS OWNER OPERATOR TO MAKE PROFITABLE
  • STAND ALONE FACILITY IN GREAT CONDITION
  • 6 PARKING SPACES PLUS OFF STREET PARKING
  • $1,300 PER MONTH
  • EASILY CONVERTS TO YOUR NEW CONCEPT
  • 1,428 Sq. Ft.
  • CURENTLY ABSENTEE RUN

Financing

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

Demographics

Population 1-mi. 5-mi
2014 Total Population 36,773 73,162
Households 1-mi. 5-mi
2010 Number Of Households 14,480 29,899
2010 Persons Per Household 2.43 2.38
Median House Value $294,600 $281,965
Income Per Household $45,224 $42,126
Businesses 1-mi. 5-mi
2009 Number Of Businesses 1,185 2,197
2012 Number Of Employees 32,876 59,120
2012 Total Annual Payroll $510,887,000 $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.

Other Listings in the Area
  • Major Ice Cream Franchise in Hottest Downtown Location
    #5262
    Major Ice Cream Franchise in Hottest Downtown Location
    Lease:  
    Expires May 31st, 2019 + 5 year option
    Monthly Rent:  
    $4,659
    Annual Revenues:  
    $360,349
    Annual Adj. Net:  
    $56,126
    Square Feet:  
    2,060
    Facebook Twitter Google+ Email
    Available
    $99,000
    Down Payment

Terms Of Use     © 2019 Powered by BBMT Inc.