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#976
Sacramento Restaurant For Sale

Own a Restaurant and Real Estate for a total Lifestyle change

$685,000
Own a Restaurant and Real Estate for a total Lifestyle change
This Listing is Expired

This is an opportunity to own the Real Estate with a free-standing Restaurant and bar set in almost 2 acres of countryside with multi-accommodation suitable for a family of Eight. The Owner will consider separating the Restaurant and bar from the Real Estate with a new lease for 5 years with another 5 yr option, but only to extremely qualified Buyers.

THE REAL ESTATE: It sits on 2 acres including a 2 car garage for those that need room to store your classic cars, a 700 sq ft Cabin, 1000 sq. ft. of living accommodation above the 3000 sq ft Bar and Restaurant. The owner has spent several thousand dollars replacing the wood decks and keeps this property in great condition! You've got to see it.

THE RESTAURANT AND BAR: This restaurant has a bit of classic European look and feel with a touch of hunting lodge look as well. Wood finishes and bright colors set this restaurant off from today plaster finished restaurants. The Kitchen is fitted out using only quality fixtures, with an all stainless steel kitchen and sealed floor ready for any kind of use. There is ample refrigeration, freezers and 2000 sq ft of Storage. Also, the dining room is split into 2 rooms allowing the opportunity for private parties and banquets without disturbing the bar and main dining room.

There is seating for 75 guests inside and outside on the patio for 40 more. The restaurant, bar and surrounding 2 acres is spectacular for a wedding settings in the summer months that the owners have never exploited- can you believe it!

This new lifestyle opportunity includes a type 47 Full Liquor License, which have a premium price in El Dorado county.

ABOUT THE LOCATION: Presently the owners enjoy the peace and tranquility of living in the countryside of the Sierra Foothills, but a new operator could revive the bar trade (presently hardly used) on this busy country road and capture the tourists traffic. Built in 1957, this bar and restaurant is full of character and includes a large car lot. If your dream is to get out of the city to own a countryside restaurant and bar and have the added security of owning the Real Estate as well, then this is for you.

The area has miles of trails for horse enthusiast and off road vehicles. This brings in business for the restaurant and the cabin rental!

REASON FOR SELLING:
The owner has had the business for many years, he's getting old and he and his wife are ready to retire.

FINANCING: The owner will carry up to half for a qualified buyer!

GET THE LOCATION: If you want to get the address or more pictures become a member and select the orange button...it's free!

This is a Paramount Restaurant Brokers, inc. Listing.

This is a Stone Path Brokerage Services Inc listing.
Restaurant Broker Scott Beaton DRE License #01853968

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
Expires January 2013 + 5 yr options
Total Monthly Rent:
$3,000
Security Deposit:
$3,000

Operations

Liquor License:
47
# of Full-Time Employees:
4
# of Part-Time Employees:
1
# of Family Employees:
3
Hours Open:
Wednesday - Sunday 5.00pm-9.00pm
Year Established:
1957
Hood System Type 1:
Yes

Facilities

Indoor Seating:
75
Outdoor Seating:
40
# of Parking Spots:
30
Inside Sq. Ft.:
3,000
Outside Sq. Ft.:
1000
Lot Dimension:
280' x 300'
Lot Sq. Ft.:
84000
Total Building Sq. Ft.:
Residential/Office Sq. Ft.:
2000

Highlights

  • A Life Style change in the Country
  • Own the Business and Real Estate
  • This Bar and Restaurant is full of character
  • What a Gem in the Sierra Foothills
  • Full Type 47 License in El Dorado County
  • Fully Fitted with private Dining
  • Almost 2 Acres and a Patio for Summer Outdoor Dining
  • Beautiful operation for new owners
  • Clean, Clean Kitchen
  • Plenty of scope to increase Bar and Dining Business
  • Bags of History and Curb appeal
  • A Real Gem for Buyers looking to move from the City

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
50%

Demographics

Population 5-mi
2014 Total Population 2,248
Households 5-mi
2010 Number Of Households 1,278
2010 Persons Per Household 2.42
Median House Value $277,300
Income Per Household $56,528
Businesses 5-mi
2009 Number Of Businesses 49
2012 Number Of Employees 470
2012 Total Annual Payroll $7,324,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, 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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