Sacramento Restaurant For Sale
KILLER DEAL - OWNER SAYS BRING ALL OFFERS
Sold
Great opportunity with close proximity to Golden 1 Center and Convection Center.
Save money and time by avoiding construction and the hassles of permitting and construction in this downtown Sacramento location.
Currently operating as quick-serve but could easily be converted to full-serve. You can take over and improve the current operations or convert to your own concept. The space has a long counter and two beautiful exposed brick walls and with the addition of a beer & wine license it could be a VERY cool gastro-pub, tap room, hip burger place or many other concepts. Owner states easy to get beer & wine license as he had one but gave it up because he did not want to work nights.
There is TREMENDOUS opportunity to increase sales. Current owner uses no delivery services such as Grub-Hub; Uber-Eats, etc and does no catering or office drop-offs despite being near and surrounded by high density office buildings and condos/apartments. In addition they are not open for dinner.
The restaurant shows pride of ownership. The front counter area has a multi spout soft-serve ice cream machine and a 3 head milkshake mixer. The 12' hood has a 3' griddle, 3' char-broiler, 6 burners with oven and 2 fryers. Adjacent to the hood there is a long production line with stainless steel work-tops, a steam table, microwave, refrigerated prep table and a refrigerated keg box/cooler. There is a separate dish area with a new corner dish machine, 3 compartment sink and walk-in refrigerator.
Owner states it is primarily a cash business and no books will be provided so in essence, this is an asset sale. However, you are welcome to keep the business name if you desire.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000
Lease
Operations
9:00 to 4:30 Saturday
Closed Sunday
Facilities
Highlights
- LOW start-up cost in downtown Sacramento
- Below Market Lease
- Owner states primarily cash business
- Near Convention Center & Golden West Center
- Pride of Ownership - Exceptionally Clean
- Keep as-is or easy to update and/or convert
- Location would work great for Gastro-Pub, Tap Room or Gourmet Burger or many other concepts
- Tremendous opportunities to increase sales with expanded hours, catering & delivery
- Versatile Line & Equipment
- 2 beautiful exposed brick walls inside
- Owner states Beer & Wine license possible as he had one before
- Stand-up basement for bulk purchasing or catering equipment storage
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 15,195 | 105,955 | 271,312 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 9,314 | 46,742 | 105,480 |
| 2010 Persons Per Household | 1.51 | 2.14 | 2.42 |
| Median House Value | $304,970 | $295,035 | $249,460 |
| Income Per Household | $35,074 | $49,238 | $47,847 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 2,264 | 4,385 | 7,885 |
| 2012 Number Of Employees | 62,930 | 129,948 | 275,406 |
| 2012 Total Annual Payroll | $1,672,587,000 | $3,733,567,000 | $4,294,967,295 |
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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