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#3886
Sacramento Restaurant For Sale

Restaurant in Roseville area

$49,000
Sold
Restaurant in Roseville area
This Listing is Sold

Here's a opportunity to purchase a "  Restaurant " for sale in the greater Sacramento area ! Nicely built-out and is of franchise quality at a fraction of the cost to build one. This restaurant is setup nicely with all the amenities necessary to operate the current concept or the concept you've already developed. This would also be a quick way to add  alocation to your current business or additional Franchise units at pennies on the dollar!

Decor: The location is Asian themed "Simple, Sleek and Clean" geared towards Dine or take out. Excellent curb appeal!

Demo's: Mid and Upper income.

Menu:  The Concept is Quick, Fresh Chinese food at reasonable prices with a focus on Family Meals and take out.

Kitchen: It comes well equipped with a Hood system, walkin cooler, woks & all the necessary equipment to operate an efficient kitchen.

Lease: - $2,853 for 1,300  sqf.

             Includes triple net!

Sales: The owner has provided sales data for expense purposes upon request for a serious buyer. This is an asset sale as the location run at a loss due to owner not managing the day to day operations and marketing.

As "Owner Operator Run" there is approx. $80K in labor .... with increased sales and "Owner operator" the picture changes dramatically.

 With the proper management and marketing or new concept, this could be a diamond in the rough. The seller is convinced that an experienced operator and proper focus could make this concept very successful.

Untapped Potential:

  • Restaurant is in idle mode with little to No attention to marketing and details.
  • Obtain Beer & Wine depending on your concept.
  • Make an offer.......... the seller is motivated!

Reason for selling: The Seller does not have a restaurant background, but has a successful full time internet business he needs to focus on.....admittedly the seller does not have the time to operate the business to its highest potential.

The Seller will consider All Serious offers!

This is a Paramount Restaurant Brokers, inc Listing.

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

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
Expires October 2016
Total Monthly Rent:
$2,853

Financials

Last Year's Annual Gross:
$324,067

Operations

# of Full-Time Employees:
3
# of Part-Time Employees:
7
Hours Open:
11:30 to 8:30 7 days
Year Established:
2011
Hood System Type 1:
Yes

Facilities

Indoor Seating:
18
Inside Sq. Ft.:
1,300

Highlights

  • Only $49K...but don't stop there...Seller Says Make him an Offer!
  • Nice Retail Center
  • Great spaces for Franchises
  • Across street from High School and Major Park Sports complex
  • Major Anchor in shopping center!
  • Owner operator opportunity
  • Must See...

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 3-mi. 5-mi
2014 Total Population 61,592 108,959
Households 3-mi. 5-mi
2010 Number Of Households 18,890 32,817
2010 Persons Per Household 2.74 2.95
Median House Value $335,800 $282,497
Income Per Household $86,595 $77,761
Businesses 3-mi. 5-mi
2009 Number Of Businesses 597 872
2012 Number Of Employees 20,020 24,864
2012 Total Annual Payroll $682,740,000 $746,539,000

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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