#608
Chico Restaurants For Sale

Prime Location Quick Service Restaurant Includes Real Estate

$1,450,000

This is a Prime Location on a very busy street. Built in 2003 this is 3,600 sq Ft on 31,250 Sq Ft of land. All the equipment was purchase in 2003 and maintained in excellent condition. The kitchen is all poured concrete and the dining areas are all tile. Currently a quick service restaurant doing good sales. The business in not for sale. Rents in the area go for around $2.50 Sq Ft including NNN. This facility has a huge walk-in refer and freezer. There are two hood systems as well as a large prep area, employee restroom, managers office and employee break room. There is also a safe, security system and P.O.S. system in place. All the new owner needs is a concept. Inside seating capacity is 96 and the patio holds another 50 patrons. There are 38 dedicated parking spaces in addition to a shared lot. 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 Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:

Chico Restaurants For Sale

Operations

Liquor License:

N/A

# of Full-Time Employees:

# of Part-Time Employees:

Hours Open:

7 days a week
Lunch & Dinner

Year Established:

2003

Hood System Type 1:

Yes

Facilities

Indoor Seating:

Outdoor Seating:

# of Parking Spots:

Inside Sq. Ft.:

3,600

Lot Sq. Ft.:

31250

Highlights

Prime Location
Built in 2003
.71 of an Acre
Turn-Key Restaurant Facility
Valued at 7% Cap Rate at $2.35 a Sq Ft
Two Large Walk-Ins
Equipment in Excellent Condition
Stand Alone Building
Plenty of Parking
3600 Square Foot Building
96 Seats Inside
50 Seats on Patio

Financing

Will SBA Finance:

Yes

Will Seller Lend To Buyer:

Demographics

Population	3-mi.	5-mi
2014 Total Population	37,203	37,619
Households	3-mi.	5-mi
2010 Number Of Households	11,734	12,028
2010 Persons Per Household	3.05	3.04
Median House Value	$230,300	$230,251
Income Per Household	$64,011	$63,837
Businesses	3-mi.	5-mi
2009 Number Of Businesses	559	569
2012 Number Of Employees	14,524	14,696
2012 Total Annual Payroll	$250,434,000	$254,732,000

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.

Other Listings in the Area

#6426

Profitable Mexican Restaurant

Lease:
Expires Oct. 1, 2024 with two 5 year options

Monthly Rent:
$5,600

Annual Revenues:
$824,767

Annual Adj. Net:
$198,338

Square Feet:
3,000

Available
$175,000
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