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#707
Sacramento Restaurant For Sale

Franchise operation situated in busy Mall

$128,000
Sold
Franchise operation situated in busy Mall
This Listing is Sold
Franchise operation offering the opportunity to own your own business, backed by a great Franchise concept.
1400 sq ft of new fittings and fixtures. Easy to operate and reinforced with corporate franchise marketing. Situated in the upscale area of El Dorado Hills this attractive mall has the large anchor store as your neighbor.
Although "take out" is a popular part of this business, the space also accommodates 50 seats inside with the opportunity of a further 25 outside.
The base rent is only $3,500 per month and the lease has 9 yrs to run with a further 10 yr option thereafter.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 March 7th 2016
Total Monthly Rent:
$3,500
Security Deposit:
$3,500

Financials

Last Year's Annual Gross:
$333,447
Last Year's Owner's Cash Flow:
$72,000
Last Year's Food Cost %:
30
Last Year's Payroll Cost %:
16
Last Year's Rent %:
17

Operations

Liquor License:
41
# of Part-Time Employees:
10
# of Family Employees:
2
Hours Open:
11.00am - 8.30pm Daily
Year Established:
2006

Facilities

Indoor Seating:
50
Outdoor Seating:
20
# of Parking Spots:
100
Inside Sq. Ft.:
1400
Outside Sq. Ft.:
200

Highlights

  • Great opportunity to own your own Franchise restaurant
  • Busy Upscale Mall
  • Beautifully decorated throughout
  • Turn Key Operation
  • Easy operation
  • All Training given by Franchisor
  • AAA Location
  • Long Lease

Financing

Will SBA Finance:
Yes
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
20%
This Listing is Sold

Demographics

Population 3-mi. 5-mi
2014 Total Population 42,649 112,833
Households 3-mi. 5-mi
2010 Number Of Households 13,242 38,177
2010 Persons Per Household 2.93 2.73
Median House Value $472,900 $415,815
Income Per Household $119,382 $105,774
Businesses 3-mi. 5-mi
2009 Number Of Businesses 992 2,903
2012 Number Of Employees 22,084 83,988
2012 Total Annual Payroll $617,230,000 $2,742,501,000

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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