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#1820
Chico Restaurants For Sale

Chico Restaurant For Sale: AAA Location Next to Chico State

$70,000
Chico Restaurant For Sale: AAA Location Next to Chico State
This Listing is Expired
JUST FELL OUT OF ESCROW! SellingRestaurants proudly presents an excellent opportunity in downtown Chico. This is an excellent location just steps from Chico State University. A new Type I Hood system was recently installed with a buildout cost exceeding $200K according to the seller. Seller wishes to leave the area and is willing to sell at a fraction of the cost. Approx 2000 Sq ft the current rent is $3100 month plus NNN. There is plently of seating, Hookah lounge and even a small patio. Seller is very motivated and wants to see all offers.

Take the next step by selecting one of the Orange Buttons below to become a registerred buyer at no cost ever.

This is a Plaza Realty Listing.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Chico Restaurants For Sale
Lease Term:
June 2012 plus 5yr option
Total Monthly Rent:
$3,100
Security Deposit:
$3,000

Operations

# of Part-Time Employees:
3
# of Family Employees:
2
Hours Open:
11am-11pm Seven days a week
Year Established:
2008
Hood System Type 1:
Yes

Facilities

Indoor Seating:
30
Outdoor Seating:
12
Inside Sq. Ft.:
2,000
Outside Sq. Ft.:
200

Highlights

  • AAA Location in Downtown Chico
  • New Hood and New Equipment Last Year
  • Great Store Front
  • Converts to most Concepts
  • Long Term Lease
  • Seller Very Motivated
  • Bring All Offers
  • 30 Day Escrow

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

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

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.

Other Listings in the Area
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    #6426
    Profitable Mexican Restaurant
    Lease:  
    Expires Oct. 1, 2024 with two 5 year options
    Monthly Rent:  
    $5,600
    Annual Revenues:  
    $824,767
    Annual Adj. Net:  
    $198,338
    Square Feet:  
    3,000
    Available
    $199,000

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