Chico Restaurants For Sale
Beautiful Facility with Large Garden Patio
Sold
Priced very aggressively for a quick sale. This once premier dinner house has recently closed its doors. Located in an area of growth a new owner could thrive. With six separate dining rooms, two banquet rooms that seat 60 patrons in one and 30 in the other and patio that seats up to 150 patrons. This is the ideal spot for a high volume restaurant and has plenty of room for banquets and weddings. The facility sits on over an acre and has plenty of parking for your guests. The kitchen has two walk -in refers and one walk-in freezer. The hood is a type II and all the equipment is in place. The facility is approx. 5000 Sq Ft with a base rent of only $4500. A month. The term is 5yrs with a three or five year option (negotiable in escrow). This was a steak & seafood concept for many years but could easily convert to Italian, Mexican or most any concept. If you have been looking for a great deal, lots of square footage, give me a call, this one won't last.
Broker of Record Rob Tade DRE License #01339409
Lease
Operations
Facilities
Highlights
- Approx. 5000 Sq Ft Restaurant Facility
- Base Rent $4500 + NNN
- Seats 148 Patrons Inside
- Seats 30+ on Enclosed Patio
- Seats 150 Patrons on Beautiful Outside Patio
- Great for Banquets
- Huge Kitchen
- Three Walk-ins
- Type II Hood System
- Stand Alone Building on o Over an Acre
- Plenty of Parking
- Priced for Very Quick Sale
Financing
Demographics
| Population | 5-mi |
|---|---|
| 2014 Total Population | 34,754 |
| Households | 5-mi |
| 2010 Number Of Households | 12,739 |
| 2010 Persons Per Household | 2.48 |
| Median House Value | $280,100 |
| Income Per Household | $55,426 |
| Businesses | 5-mi |
| 2009 Number Of Businesses | 716 |
| 2012 Number Of Employees | 12,924 |
| 2012 Total Annual Payroll | $267,012,000 |
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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.
#6426Profitable Mexican RestaurantLease:Expires Oct. 1, 2024 with two 5 year optionsMonthly Rent:$5,600Annual Revenues:$824,767Annual Adj. Net:$198,338Square Feet:3,000