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#772
Chico~Yuba City

Beautiful Facility with Large Garden Patio

$39,000
Sold
Beautiful Facility with Large Garden Patio
This Listing is 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.

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:
5 yr + 3 yr Option
Total Monthly Rent:
$4,500
Security Deposit:
$4,500

Operations

Hours Open:
Currently Closed for business
Year Established:
1987
Hood System Type 1:
Yes

Facilities

Indoor Seating:
144
Outdoor Seating:
180
# of Parking Spots:
60
Inside Sq. Ft.:
5000
Outside Sq. Ft.:
2000

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

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

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

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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