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#552
Sacramento Restaurant For Sale

Nightclub and Restaurant Located in Sacramento!

$950,000
Nightclub and Restaurant Located in Sacramento!
This Listing is Expired
This club and restaurant is absolutely gorgeously done with black granite bars and waterfalls - every thing is nearly new! The business is extremely successful and is one the top rated clubs in Sacramento with lines out the doors. There are 8,000 Sq. Ft. or restaurant and club and another 1,500 Sq. Ft. of office and storage. There is quick freeway entrance and exit with great street visibility and signage. The business owner also owns the real estate and will tailor a new lease to the buyer's needs. The Seller claims the monthly sales from both businesses is $260,000 - the buyer must verify this to be factual. This is a private listing. Once the on-line confidential agreement is signed, you'll be able to contact the agent directly. Seller is not a restaurant or club person and realizes it is time to turn the business over to a pro.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
New Lease
Total Monthly Rent:
$20,000
Security Deposit:
$23,250

Operations

Liquor License:
47
Hours Open:
Mon to Thur 11am to 12am
Fri 11am to 2am
Sat to Sun 5pm To 2pm
Year Established:
2006
Hood System Type 1:
Yes

Facilities

Indoor Seating:
280
Inside Sq. Ft.:
9,500

Highlights

  • All Most New Equipment and Furniture
  • 8,000 Sq. Ft. Restaurant and Club
  • Great Signage
  • Heart of Downtown Area
  • Hard Liquor License
  • Entertainment Permit Available
  • Plenty of parking in the area
  • On of the top clubs in Sacramento
  • Monthly Base Rent is $23,250
  • New lease with plenty of years available
  • Monthly Gross $260,000 - Buyer must validate
  • Is not an experienced Operator and must sell.

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
20%

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 15,195 105,955 271,312
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 9,314 46,742 105,480
2010 Persons Per Household 1.51 2.14 2.42
Median House Value $304,970 $295,035 $249,460
Income Per Household $35,074 $49,238 $47,847
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 2,264 4,385 7,885
2012 Number Of Employees 62,930 129,948 275,406
2012 Total Annual Payroll $1,672,587,000 $3,733,567,000 $4,294,967,295

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.

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