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#5229
Modesto Businesses for Sale

Full Service Dine-In Restaurant with Bar for Sale in Tuolumne County

$160,000
Full Service Dine-In Restaurant with Bar for Sale in Tuolumne County
This Listing is Expired

Dine-In Restaurant for Sale Details:

* This is a full-service dine-in restaurant located in Tuolumne County.

* This is an owner absentee restaurant and completely employee run. It is well-established restaurant business in the town. This business has been here since the 1980s.

* Great opportunity with a huge potential for growth. This business is located near a hotel and residential area.
 
* It offers a variety of delicious buffet options, breakfast, lunch items, drinks, and take out. 

* The restaurant has about space for 150 customers with about 7000 sq.ft. space estimated.

* Gross sales are up to $65,000 monthly estimated, as per owner (broker has not verified this gross sales number so buyer should investigate independently).

* The sale included furniture, fixtures, and equipment owned by the owner.

* This location has good exposure from the street with ample parking area.

* Current rent is about 6% of gross sales. So your rent depends upon your performance of the business. It includes water and garbage paid by landlord.

* Buyer may get a long lease assignment with the approval of landlord with acceptable terms to both parties.

* Inventory is not included in sale price and sold separately.

* Read below Notice to Buyers as part of this Ad.

To get location, Please SIGN NDA and Call or Email to discuss.

This is a Western Singh Business Brokers listing.
Business & Real Estate Associate Nirvail Singh DRE License #01853125

Lease

Region:
Modesto Businesses for Sale
Lease Term:
long lease
Total Monthly Rent:
$4,000

Operations

Liquor License:
47
# of Full-Time Employees:
3
# of Part-Time Employees:
15
Hours Open:
9am to 9pm
Year Established:
2017

Facilities

Indoor Seating:
150
# of Parking Spots:
80
Inside Sq. Ft.:
7,000

Financing

Down Payment:
$50,000
Will SBA Finance:
No
Will Seller Lend To Buyer:
Yes

Demographics

Population 3-mi. 5-mi
2014 Total Population 26,696 28,269
Households 3-mi. 5-mi
2010 Number Of Households 11,345 12,212
2010 Persons Per Household 2.30 2.29
Median House Value $275,400 $271,020
Income Per Household $48,583 $48,608
Businesses 3-mi. 5-mi
2009 Number Of Businesses 826 859
2012 Number Of Employees 16,288 16,692
2012 Total Annual Payroll $302,748,000 $310,671,000

click for more demographic info

Disclaimer

ADDITIONAL LISTING INFORMATION: NOTICE TO BUYERS: This business opportunity and/or real estate is listed by Western Singh Business Brokers ("Broker"). Visitor ("Buyer") understands that Broker or its agent(s) does not audit or verify any and all above mentioned information (not limited to sales, building size, lot size, margins, profits) given to or gathered by Broker or its agent(s) or make any warranty or representation as to its accuracy or completeness, nor in any way guarantee future business performance. Buyer is solely responsible to examine and investigate the Business, its assets, liabilities, financial statements, tax returns, and any other facts which might influence Buyer's purchase decision or the price Buyer is willing to pay. Any decision by Buyer to purchase the Business shall be based solely on Buyer's own investigation and that of Buyer's legal, tax, and other advisers and not that of Broker or its agent(s). Any listing information may change at any time without any notice. Buyer acknowledge that by using this website and inquring about any listings on this website shall not establish any agent and principal relationship between Western Singh Brokers and the Buyer. Western Singh Brokers is or will always be exclusive agent of seller only during any discussions or activities related to any listings on this website.


Western Singh Business Brokers helps buy and sell businesses for sale like gas stations, liquor stores, convenience stores, grocery stores, local markets, coin laundry, tabacco shop, cigarette stores, smoke shops, restaurants, and franchise businesses. Western Singh Business Brokers is serving in california in areas like modesto, sacramento, stockton, ripon, manteca, lodi, lathrop, elk grove, galt, tracy, livermore, dublin, pleasanton, alameda, merced, madera, ceres, turlock, hilmar, gustine, newman, los banos, delhi, denair, livingston, clovis, fresno, tulare, sonora, jackson, amador, roseville, placer county, el dorado hills, citrus heights, and other northern california area. 

 

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