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#436
Sacramento Restaurant For Sale

The best burger stop in the valley with Prime Real Commercial Estate

$795,000
Sold
The best burger stop in the valley with Prime Real Commercial Estate
This Listing is Sold
This is the best place to get a burger in the central valley in a very high traffic area. The Commercial Real Estate it sits on is the only piece like it in the area. A major recreational site is located within walking distance and the neighborhood surrounding it is one of the best around. This drive up burger spot is profitable to about 50K/year but there are many concepts that would thrive on this hard to beat location. Owner has plans to build out major full service restaurant with office space on top that has full city compliance and complete engineering specs. These plans have cost over $100K to produce and could become part of the negotiations. This area has many things to offer and thriving industry al around it. A major industrial plant is nearby keeping lunch consistantly busy. Buyer willing to finance at 200K down, will carry residual of 595K for 5% over 20 years with net due in 10 years.
This is a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Scott Beaton DRE License #01853968

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
N/A
Total Monthly Rent:
N/A

Operations

Liquor License:
N/A
# of Full-Time Employees:
3
# of Part-Time Employees:
6
# of Family Employees:
1
Year Established:
1966

Facilities

Outdoor Seating:
18
# of Parking Spots:
25
Inside Sq. Ft.:
400

Highlights

  • One Third Acre lot with a Land Mark Restaurant
  • Located next to the best recreational site in Lodi
  • Brisk lunch is a product of near by facilities
  • Valuble Commercial property near high demographic neighborhoods
  • Lot status is seen by the local governmental entities as very developable
  • Very Popular menu served in classic summertime setting
  • Recreational site close by has gone through major renovation
  • Very well appointed and designed quick serve restaurant
  • Buyer willing to finance with 200K down, will carry residual at 10% net due in 10.

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
10%
This Listing is Sold

Demographics

Population 3-mi. 5-mi
2014 Total Population 26,190 26,190
Households 3-mi. 5-mi
2010 Number Of Households 9,845 10,282
2010 Persons Per Household 2.57 2.60
Median House Value $273,800 $268,232
Income Per Household $65,601 $64,109
Businesses 3-mi. 5-mi
2009 Number Of Businesses 446 458
2012 Number Of Employees 11,598 11,826
2012 Total Annual Payroll $200,497,000 $205,736,000

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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