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#838
Sacramento Restaurant For Sale

Beautiful Chinese and Filipino Restaurant in So. Sacramento

$189,000
Beautiful Chinese and Filipino Restaurant in So. Sacramento
This Listing is Expired
This Chinese and Filipino style restaurant was established in 1998. It is located in a shopping center anchored by Asian grocery store and several restaurants including American, Mexican, Hawaiian and Italian/Pizza. There is plenty of parking with easy access with a major highway next to the center. This restaurant has a banquet room perfect for wedding receptions, business luncheons, etc. It has a large kitchen with state of the art equipment - must see! The dining area is well decorated too! The lease has 9 years remaining with great monthly rent at $5,764 a month plus CAM Charge. There are 3,950 sq. ft. seating up to 200 guests. The restaurant is open 7 days a week from 11 am to 9pm, 4 full time employees and 4 part time employees working in the restaurant. Seller needs extra time to manage other businesses in East Sacramento. This is good opportunity for buyers seeking Filipino/Chinese restaurant in the area.

Please click any orange links in this web page to obtain business name, address and review more photos.
This is a Rob Tade-Broker listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
9 Years
Total Monthly Rent:
$5,764
Security Deposit:
$4,141

Financials

Last Year's Food Cost %:
28
Last Year's Payroll Cost %:
25

Operations

Liquor License:
41
# of Full-Time Employees:
4
# of Part-Time Employees:
4
Hours Open:
11am to 9pm every days
Year Established:
1998
Hood System Type 1:
Yes

Facilities

Indoor Seating:
200
Inside Sq. Ft.:
3,950

Highlights

  • Nearly 10 years in business!
  • Located in shopping center near the Major Highway.
  • Shopping center is anchor by high traffic Asian grocery store.
  • Well decorated dinning and party room.
  • Large kitchen perfect for high volume!
  • 9 years remain on lease with Monthly rent of $5,764 + CAM
  • 3,950 Sq. Ft.
  • Open 7 days a week for 11am to 9pm.
  • 4 full time and 4 part time employees.
  • Seller needs invest more time to his new location.
  • Select one of the orange button below to ge the name and address.
  • Beer & wine license included

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 78,372 202,968 371,430
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 22,470 59,869 116,666
2010 Persons Per Household 3.27 3.19 3.00
Median House Value $144,100 $179,307 $199,717
Income Per Household $37,931 $51,525 $49,928
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 874 2,410 4,115
2012 Number Of Employees 30,536 81,650 122,500
2012 Total Annual Payroll $795,270,000 $1,801,657,000 $2,497,061,000

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("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. DRE License # 01339409.

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