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#270
Sacramento Restaurant For Sale

Elk Grove Japanese Restaurant For Sale

$115,000
Sold
Elk Grove Japanese Restaurant For Sale
This Listing is Sold

This is a nearly brand new family style Japanese Restaurant in Elk Grove. It is located in the heart of the Elk Grove Shopping Center, surrounded by very busy business stores and good residences. This restaurant has 1,318 sq/ft and can seat up to 40 guests. The base rent is reasonable only $2,306 per month plus 9 years remaining with two 5 years renewal option on the lease. They are currently open seven days a week from 11am to 8pm. The equipment is nearly brand new and in perfect condition.

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:
9 yrs + two 5 yrs option
Total Monthly Rent:
$2,307
Security Deposit:
$2,307

Operations

# of Full-Time Employees:
4
# of Part-Time Employees:
1
Hours Open:
Monday to Saturday 11am to 8pm Sunday close
Year Established:
2005

Facilities

Indoor Seating:
40
Inside Sq. Ft.:
1,318

Highlights

  • The owner is retiring
  • Family operated restaurant.
  • Turn key Restaurant
  • Convert to Mexican/Italian
  • The equipment is nearly brand new
  • Nine Years remaining on Lease
  • Rent is $2,306/Month
  • 1,318 Sq. Ft.
  • Currently Japanese Restaurant
  • Located in remodeled shopping center

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 63,536 141,908 215,355
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 20,231 42,701 62,788
2010 Persons Per Household 2.98 3.13 3.23
Median House Value $239,800 $189,441 $178,423
Income Per Household $70,616 $53,417 $50,977
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 849 1,723 2,473
2012 Number Of Employees 25,468 56,004 83,134
2012 Total Annual Payroll $438,941,000 $1,234,211,000 $1,824,964,000

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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