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#387
Sacramento Restaurant For Sale

Good Location Convert to Mexican Restaurant

$110,000
Sold
Good Location Convert to Mexican Restaurant
This Listing is Sold
Excellent opportunity to own a turn key restaurant business in fast developing South Sacramento area. The restaurant has light green color interior with Chinese decoration, full Chinese kitchen and walk in cooler. Base rent $4,900 per month plus CAM, annual revenue $420,000. There is shopping in near by Elk Grove and in Down Town Sacramento, a plenty of foot traffic from nearby Theater and Fitness Center.
This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
2 years + 5 Option
Total Monthly Rent:
$4,900
Security Deposit:
$5,000

Operations

Liquor License:
41
# of Full-Time Employees:
3
# of Part-Time Employees:
1
# of Family Employees:
2
Hours Open:
11am to 9pm Seven days a week
Year Established:
2003

Facilities

Indoor Seating:
70
Inside Sq. Ft.:
2,000

Highlights

  • Located in Fast Developing South Sacramento Area
  • Beautiful Interior and Full Equipped Chinese Kitchen
  • Near by Theather and Fitness Center
  • A lot of Foot Traffic and Parking Space
  • Annual Revenue $400,000+
  • Perfect for Chinese or conversion to Mexican/Italian

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 78,372 202,968 371,430
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 22,470 59,869 116,666
2010 Persons Per Household 3.27 3.19 3.00
Median House Value $144,100 $179,307 $199,717
Income Per Household $37,931 $51,525 $49,928
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 874 2,410 4,115
2012 Number Of Employees 30,536 81,650 122,500
2012 Total Annual Payroll $795,270,000 $1,801,657,000 $2,497,061,000

click for more demographic info

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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