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#5650
Sacramento Restaurant For Sale

Great Folsom Location - New Upscale Turn-Key Restaurant Space

$199,500
Great Folsom Location - New Upscale Turn-Key Restaurant Space
This Listing is Expired

Opportunity to purchase an Ethnic Cuisine Restaurant with Room to have banquets and large Gatherings!

The large dining area will do well with 50% dining mandates moving forward. There is also an area for a patio out front that is not currently used to its potential.

Brand New Everything - Done Right - Buildout!. The owner will Look at reasonable offers. The seller spent over $528K, and your savings are huge, not to mention the amount of time you would spend on permits and licenses.

Being Sold as an Asset Sale with name, recipes and everything you need to take this place to its true potential.

This opportunity has many revenue centers to develop and is in a great Folsom location.

 Catering, Parties, Events in this more than adequate space will create revenue opportunities.

One Large distinct Dining area is casual...yet Elegant.

Area: This is a Folsom area location with nice curb appeal. Great Demos and High Incomes in Safe and Incredibly busy Retail Center!

Menu: The Menu is not like any typical restaurant. This is an Authentic Ethnic Cuisine with a great selection of flavorful food influenced by Persian, Chinese, Indian and Mediterranean cultures.

Furniture Fixtures & Kitchen Equipment:  Comes with a huge 20ft Ansul Hood system, 2-  6 burner stoves , Flat Grill & Char Grill, Tandori…2 walkins and 3 Door See-through Bev Refrigerators, Freezer, Ice machine, Tons of small wares, plenty of High-End Chairs and Tables, Security, POS and more.

Lease: 5,000 sqf.  $10,900 per month All in total and doesn’t expire until 2030! some spaces these days are 2/3 the rent with half the space.

Highlights and Upside:

  • Really Busy Shopping center.
  • Catering for large parties and groups on-premises
  • Unique menu
  •  Good Reviews
  • Add Beer & Wine

The owner has Built this restaurant from Scratch at over $528K...you don't have to worry about used equipment. The seller has an existing business and needs to place more time in that operation.

This is a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Scott Beaton DRE License #01853968

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
Ex. February 1st, 2030, plus One 5 yr option
Total Monthly Rent:
$10,900
Security Deposit:
$10,000

Operations

# of Full-Time Employees:
9
# of Part-Time Employees:
3
# of Working Owners:
1
Hours Open:
11a-10p 6 days
Year Established:
2019
Hood System Type 1:
Yes

Facilities

Indoor Seating:
250
Outdoor Seating:
10
Inside Sq. Ft.:
5,000
Outside Sq. Ft.:
300

Highlights

  • New Restaurant Build-out
  • Great opportunity for Large gatherings and parties
  • Super busy shopping center in Upscale Folsom neighborhood
  • High end Materials used for Dining and Kitchen

Financing

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

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

DISCLAIMER: 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 addition to seeking professional advice from an attorney as well as a CPA.  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 (if included in the sale), 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. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the 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 and User should often review the listing on the website to keep up to date.

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