Beautifully decorated, virtually new 4000 sq ft Restaurant. High visibility within a Major Mall in an upscale area.
This restaurant is in a great location in good neighborhood surrounded by many Franchise and Independent restaurants. The new decoration has been done with quality furnishings which have a good ambiance in a great setting ready for an owner/operator to really go after the local clientele. Presently the hours of operation are limited to Dinner only Wednesday through Sunday and new owners could market the many businesses in the area for Lunch and Dinner service seven days a week. The menu, although comprehensive has been standardized for ease of operation and could be expanded with creative new owners. The lease has 8 years remaining + two 5 years options. Fabulous opportunity to own a very nice, operation with huge potential for growth.
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This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409
Lease
Region:
Sacramento Restaurant For Sale
Lease Term:
Expires October 2015 + 2x5 yr options
Total Monthly Rent:
$9,000
Financials
Last Year's Annual Gross:
$440,000
Operations
# of Full-Time Employees:
1
# of Part-Time Employees:
18
Hours Open:
Wednesday - Sunday 5pm-10pm
Highlights
- Brand new, Beautifully Decorated Restaurant Facility
- 4000 sq ft within Large Mall
- Upscale Sacramento area
- Great Restaurant Concept
- High Visibilty on Major Hwy
- Many neighboring Restaurants
- Owners Motivated to Sell
- Many new Housing estates being built as we go to press
- Huge Scope to increase sales as hours are presently limited
- Over $750,000 of new fittings
- Long, Long Lease
Financing
Will Seller Lend To Buyer:
Yes
Demographics
Population |
3-mi. |
5-mi |
2014 Total Population |
70,184 |
145,145 |
Households |
3-mi. |
5-mi |
2010 Number Of Households |
24,935 |
50,101 |
2010 Persons Per Household |
2.62 |
2.70 |
Median House Value |
$385,500 |
$376,613 |
Income Per Household |
$98,547 |
$96,068 |
Businesses |
3-mi. |
5-mi |
2009 Number Of Businesses |
1,911 |
3,439 |
2012 Number Of Employees |
61,904 |
91,934 |
2012 Total Annual Payroll |
$2,125,271,000 |
$2,869,832,000 |
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.