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#379
Chico Restaurants For Sale

Fine Dining Dinner House w/ Bar & Type 47

$400,000
Sold
Fine Dining Dinner House w/ Bar & Type 47
This Listing is Sold
This is a wonderful restaurant and is recognized as providing impeccable service and the best quality seafood and steaks in the area. The Restaurant is a large converted Spanish Style Ranch House with unique private seating around every corner. The patio area is large and could easily handle large garden weddings. It has been established for many years, but the current owner purchased it in 1999. Serving only dinner 6 days a week, a new owner could rapidly grow the business by adding a seventh day, expanding hours to include lunch and aggressively going after wedding parties. This restaurant qualifies for an SBA loan with 20% down. The owner is moving on to new ventures and wants to spend more time with his new baby.
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

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

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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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