Redding Restaurants For Sale
Chico Restaurants For Sale
Profitable High Volume Mexican Restaurant... Excellent location
Turn key Opportunity to purchase a Mexican Taqueria with a long successful track record…Set in a Super busy retail center!
Major Grocery store Anchor tenant with fuel station....very busy...and right next to the restaurant!
There always seems to be plenty of restaurants for sale....but few fall into this category.
Established in 1996...as primarily a Quick serve concept and owner is currently semi absentee!
This restaurant wouold make a good income for a family run ....owner operator business!
Make your offer now
Area: This is a great area of Butte County. This is a UC College town with a Urban-Suburban feel and tons of activities nearby. Listed as one of the best places to live.
Population:
86,949 (City limits)
107,000 (Urban area);
220,407 (Butte County)
Urban Friendly, Walkable and family oriented.
Kitchen: Comes with a hood system, grill, prep area, walk in cooler & equipped with all the necessary equipment to serve breakfast, lunch and dinner.
Menu: Breakfast, Diners, Mexican, Vegetarian
Lease: Recently Expanded space @ 2,100sqf. The rent is great at only $4,800 per month.
Front area Patio seating
Highlights and Upside:
- High School close by
- Major Anchor Grocery store with fuel station
- Manager currently in Place…Can continue or increase cash flow as Owner/manager.
- Build up social media presence
- Type 40 Beer license in use
The owner has made this business simple by implementing procedures to make the business run smooth including a point of sale system.
2014 sales over $700K.. The owner has stated that average sales are just under $60,000 per month.
Currently lunch is the strong point. If a new owner were to focus on marketing and building breakfast and dinner, sales are sure to climb nicely based on the owners experience to date.
Reason for selling: The current owner has family in Bay area and has moved already to be closer.
Buyer will need to provide qualifications before seller will release financial information.
Restaurant Broker Scott Beaton DRE License #01853968
Lease
Chico Restaurants For Sale
Financials
Operations
Sat: 9:00 am - 9:00 pm
Sun: 9:00 am - 8:00 pm
Facilities
Highlights
- 16 years in business
- Local favorite
- Major Grocery store Anchor
- Popular retail center in Great Neighborhood
- Close to high school
- Semi Absentee
- Priced to sell!
- Sales over $700K 2014
Financing
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
DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, 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 addition to seeking professional advice from an attorney as well as a CPA. 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 (if included in the sale), 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. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings. Any decision by User to purchase the Business shall be based solely on User's own investigation and the 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 and User should often review the listing on the website to keep up to date.
#6458Profitable & Charming Breakfast & Lunch in NorCalLease:New Lease or Purchase Real Estate with BusinessAnnual Revenues:$758,150Annual Adj. Net:$123,447