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#5958
Sacramento Restaurant For Sale

Asian Restaurant in Busy Anchored retail center

$120,000
Asian Restaurant in Busy Anchored retail center
This Listing is Expired

Asian Cuisine Opportunity! 

or Convert to your concept.

Great Family Owner-Operator Opportunity...Seller will consider Offers!

Opened in 2006 with a loyal customer base established.

Well Located in an upscale Major Retail center with major Anchor tenants!

Comfortable and Clean modern dining room for 88 is the perfect size without feeling crowded or paying too much rent!

Location: Off Major artery with masses of drive-by traffic every day the retail center. 

Currently, open 6 days a week…

Menu: Chinese cuisine featuring Lunch & Dinner in the comfortable open dining room. Delivery and pickup business in place as well.

Includes Type 41 Beer & Wine Lic

Kitchen: FFE includes Large Ansul Hood system, Wok Station, Fryer, gas counter griddle, prep tables, hot & cold food wells, gas convection oven, Walkins, signage… ample storage and much more.

Rent: $8,000 Includes NNN.

Reason for selling: Family business with partners retiring.

For more detailed information buyer will need to show proof of ability to purchase & qualify for a lease. Please do not talk to employees.

                                                            The Seller will consider All Serious offers!

This is a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Scott Beaton DRE License #01853968

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
expiring July 31, 2025
Total Monthly Rent:
$8,000

Financials

Last Year's Annual Gross:
$534,958
Last Year's Owner's Cash Flow:
$92,995
Last Year's Food Cost %:
27.8
Last Year's Rent %:
19.7
EBITDA:
$92,995

Operations

Liquor License:
41
# of Full-Time Employees:
4
# of Part-Time Employees:
1
# of Family Employees:
4
# of Working Owners:
4
Hours Open:
6 days 11-7
Year Established:
2006
Hood System Type 1:
Yes

Facilities

Indoor Seating:
88
Inside Sq. Ft.:
2,800

Highlights

  • Upscale Retail Center with Anchors
  • Large Ansul hood & Kitchen Line
  • Located in Family Friendly Foothill Location 20 Minutes to Roseville
  • Many Years of Goodwill
  • Catering, Dine in & To Go options
  • Reasonable Offers considered
  • Good Reviews

Financing

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

Demographics

Population 5-mi
2014 Total Population 26,701
Households 5-mi
2010 Number Of Households 11,435
2010 Persons Per Household 2.33
Median House Value $338,191
Income Per Household $57,607
Businesses 5-mi
2009 Number Of Businesses 1,162
2012 Number Of Employees 22,940
2012 Total Annual Payroll $380,667,000

click for more demographic info

Disclaimer

DISCLAIMER: 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 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.

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