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#553
Sacramento Restaurant For Sale

Restaurant with a great tradition in Sacramento foothills

$22,500
Sold
Restaurant with a  great tradition in Sacramento foothills
This Listing is Sold
Over 29 years of tradition! This romanitc restaurant is located near Interstate 80 in heart of a historical foothill town. The main dining area is definately one of a kind, filled with flowers and trees, while the front of the restaurant has the look and feel of a traditional coffee shop.The restaurant seats over 85 people, and attracts visitors from miles around. The current owners have recently invested in new kitchen equipment as well as other improvements. The lease is only $1.00 a foot for a 2500 sq ft restaurant -5 year term with 5 year option. Owners own the building, so the lease terms are negotiable. Owners will match tenant improvements on building up to $10,0000.
Take the next step and complete the online confidentiality agreement and you�ll be provided with the restaurant name and address. Also you will given priority notification to new listings in the future, prior to the general public, giving you the best chance to �scoop in� the best opportunities. There are also more photos available to our registered buyers.This is a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Scott Beaton DRE License #01853968

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
New Lease
Total Monthly Rent:
$2,500

Operations

Liquor License:
41
# of Part-Time Employees:
15
# of Family Employees:
1
Hours Open:
11-9
Year Established:
1991
Hood System Type 1:
Yes

Facilities

Indoor Seating:
85
Outdoor Seating:
10
Inside Sq. Ft.:
2500
Outside Sq. Ft.:
100

Highlights

  • Over 15 years of reputation in the community
  • Restaurant has 2500 sq feet
  • Lease terms are negotiable with purchase
  • Base rent is only $1.00 a foot
  • 2004 Gross Revenue was $484,828
  • Great "locals" business as well as highway 80 traffic
  • Owners accepting back up offers while in contract
  • Remodeled dining room has "country elegance"
  • Easy street parking
  • Front of restaurant has classic cafe coffe shop feeling
  • Located in beautiful sierra foothills
  • Owner will match TI money up to $10,000

Financing

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

Demographics

Population 5-mi
2014 Total Population 6,322
Households 5-mi
2010 Number Of Households 3,835
2010 Persons Per Household 2.46
Median House Value $296,800
Income Per Household $60,025
Businesses 5-mi
2009 Number Of Businesses 144
2012 Number Of Employees 1,626
2012 Total Annual Payroll $21,064,000

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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