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#1358
Bakersfield~Fresno Restaurants For Sale

Upscale Restaurant Facility with Wine Bar/Lounge

$89,000
Upscale Restaurant Facility with Wine Bar/Lounge
This Listing is Expired
Selling Restaurants presents this wonderful opportunity to bring your new elegant restaurant concept to this great location and beautiful restaurant facility located in the North area of Fresno. The current owner has three operating businesses and needs to focus his energy on his other two operations. His loss is you gain! This facility would cost $400,000+ to build. There is a wine lounge that can be used as a private banquet facility of a wine tasting room. There are about 1889 Sq. Ft. with a low rent of only $1.56 Sq. Ft. The highly polished hardwood floors and white table cloth dining sends the customer back to a New York style dining experience. You have to see this place to believe the value and the beauty. Bring your new concept elegant to this location and save BIG on the cost of building a new restaurant. If you want to visit the restaurant, please select one of the orange buttons below to get more information including the address and more photos.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Bakersfield~Fresno Restaurants For Sale
Lease Term:
3 years remain + 5 year option or New Lease
Total Monthly Rent:
$3,380

Financials

Last Year's Annual Gross:
$332,000

Operations

Liquor License:
41
# of Full-Time Employees:
3
# of Part-Time Employees:
2
# of Family Employees:
2
Hours Open:
Lunch 10am - 2pm
Dinner 5pm - 9:30pm
Year Established:
2006
Hood System Type 1:
Yes

Facilities

Indoor Seating:
48
Inside Sq. Ft.:
1,889

Highlights

  • Elegant New York City Style Dining Experience.
  • Great Bar Area Welcomes Customers.
  • Hardwood Floors Give the Restaurant a Warm Natural Feel.
  • Nearly 1,900 Sq. Ft. of Space at the Low Rent of $1.56 Sq. Ft.
  • This restaurant would cost $400k to Built.
  • Owner has Three Businesses Consuming His Time and Needs to Sell One of Them.
  • This is perfect for Italian, French, Mediterranean, American Bistro.
  • Wine Lounge for wine tasting parties
  • Or use the wine lounge for private parties.
  • Beer and 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 28,430 145,088 467,849
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 10,830 49,324 149,615
2010 Persons Per Household 2.50 2.77 2.92
Median House Value $209,800 $162,515 $180,171
Income Per Household $45,866 $37,641 $45,914
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 613 2,835 9,125
2012 Number Of Employees 12,936 82,506 266,612
2012 Total Annual Payroll $257,104,000 $1,304,128,000 $4,294,967,295

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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