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#575
Sacramento Restaurant For Sale

Price Just Reduced- A Deli that doubles as a Sports Bar

$125,000
Sold
Price Just Reduced- A Deli that doubles as a Sports Bar
This Listing is Sold
This is a great family style deli whose walls are covered with sports memorabilia and large screen televisions for optimum sports viewing. It is less than a year 1/2 old, and already very successful. The rent for this 1800 ft deli is around $3.00 a foot. Located in a fast growing part of Placer County, these owners have the right concept in place. They are having their first child and need to sell the business - At this reduced price it won't last long on the market!!
This is a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Scott Beaton DRE License #01853968

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
8 years remaining
Total Monthly Rent:
$4,950

Financials

Last Year's Annual Gross:
$328,501
Last Year's Owner's Cash Flow:
$45,911
Last Year's Food Cost %:
33
Last Year's Payroll Cost %:
23
Last Year's Rent %:
14.8

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Part-Time Employees:
8
# of Family Employees:
1
Hours Open:
11-9 monday- thursday
11-10 friday and saturday
9:30-8:00 sunday
Year Established:
2005
Hood System Type 1:
Yes

Facilities

Indoor Seating:
78
Outdoor Seating:
10
Inside Sq. Ft.:
1,800

Highlights

  • Great atmosphere- covered with sports memorabilia
  • All the hard work is done - enjoy the ownership of this great deli
  • This business has shown steady increases
  • Reduced Price- act fast
  • Nice, clean 1,800 sq foot restaurant
  • Loyal clientele already established
  • Great video system for watching sports
  • Easy access to busy streets
  • Great lease in place
  • Business is great, and poised to expand
  • 5 42" tv

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 31,156 74,781 242,684
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 11,704 27,560 88,960
2010 Persons Per Household 2.51 2.55 2.58
Median House Value $332,300 $291,107 $276,584
Income Per Household $69,703 $64,416 $65,598
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,610 3,329 6,313
2012 Number Of Employees 56,264 116,926 175,588
2012 Total Annual Payroll $1,607,275,000 $3,146,394,000 $4,143,219,000

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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