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#3538
Sacramento Restaurant For Sale

Asian Restaurant for Sale in the Highly Desirable Davis Community

$109,000
Sold
Asian Restaurant for Sale in the Highly Desirable Davis Community
This Listing is Sold

Davis is one of the most desirable cities in the Sacramento region where there are plenty of restaurant goers to make your business profitable.  The economy is relativily strong with a MAJOR university payroll and faming payroll in the surrounding areas.  This restaurant is within walking distance from the UC Davis where there are 10's of thousands of students, facility and administration employees. 

This Asian restaurant has 3000sq/ft with monthly rent of $6,750 plus $550 CAM charge. The lease expired in April 30, 2017 plus 5yr option. There is easy access to this restaurant from all direction with plenty of parking. It is a WOK kitchen with walkin.

The restaurant now operates 7 days a week with 7 employees including 2 family members. The seller claims the average monthly revenue is about $30,000.  Buyer must verify this fact.    

The seller is looking for experienced qualify buyers or the buyer who has new concept.

Population: 65,622 (2010 Census)

Households: 24,873 (2010 Census)

Average Household Size: 2.55 (2010 Census)

Average Household Income: $ 80,586

This is a Paramount Restaurant Brokers, Inc. Listing.

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:
Expires April 30, 2017 + 5yr option
Total Monthly Rent:
$7,300
Security Deposit:
$6,750

Operations

Liquor License:
41
# of Full-Time Employees:
3
# of Part-Time Employees:
2
# of Family Employees:
2
Hours Open:
Sun-Thurs: 11:00AM - 9:30PM
Fri-Sat: 11:00AM - 10:00PM
Lunch, Daily: 11:00AM - 3:00PM
Year Established:
2000
Hood System Type 1:
Yes

Facilities

Indoor Seating:
80
Inside Sq. Ft.:
3,000

Highlights

  • Highly Sought After Major University Town
  • Nicely Finished Restaurant
  • Wok Kitchen
  • Buffett Lines
  • Walkin Cooler

Financing

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

Demographics

Population 5-mi
2014 Total Population 44,794
Households 5-mi
2010 Number Of Households 17,229
2010 Persons Per Household 2.43
Median House Value $538,200
Income Per Household $44,741
Businesses 5-mi
2009 Number Of Businesses 1,009
2012 Number Of Employees 20,756
2012 Total Annual Payroll $338,433,000

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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