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#743
Chico Restaurants For Sale

Quaint Coffee House with Growth Potential

$49,500
Sold
Quaint Coffee House with Growth Potential
This Listing is Sold
The price is right on this one...Located on a very busy street in Chico this turn-key (Easy to Manage) Coffee House offers a limited selection of pastries and sandwiches. The store is located in a strip center with a strong anchor next door. Currently owner operated this store needs an owner to bring it to the next level by possibly expanding to lunch and catering. Currently closed in the evenings a new owner could extend hours to offer light dinners. This 1200 Sq Ft facility rents for $1282 plus .41 a Sq Ft for CAM/NNN combined. Currently the restaurant seats 22 inside and 6 outside with potential for more. TAKE THE NEXT STEP. Select the bright orange button below title "want name and address." Register if you're a new client. Then get the name and address by agreeing to the confidential agreement. This will also place you on our exclusive Buyer's e-mail list, giving you first look at our new listings.
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:
3yr + 3yr option
Total Monthly Rent:
$1,282
Security Deposit:
$1,209

Financials

Last Year's Annual Gross:
$143,119
Last Year's Food Cost %:
27.5
Last Year's Payroll Cost %:
30.40
Last Year's Rent %:
14.12

Operations

# of Part-Time Employees:
5
# of Family Employees:
1
Hours Open:
Mon-Fri 6am-4pm Sat & Sun 7:30am-2pm
Year Established:
2004

Facilities

Indoor Seating:
22
Outdoor Seating:
6
Inside Sq. Ft.:
1,200

Highlights

  • Turn-key Coffee House
  • High Traffic Location
  • 1,200 Sq Ft
  • Base Rent $1,282
  • Lots of Room for Growth
  • Large Anchor Store Adjacent
  • Warm Inviting Atmosphere
  • Easy to Manage
  • .41 a Sq Ft for CAM/NNN Combined
  • Strip Center Location

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

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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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