Sacramento Restaurant For Sale
Gold River Restaurant For Sale Full Service w/Bar, Atrium and Large Patio
This is one of those rare situations we all look for in a business purchase opportunity where the owner's mis-fortune becomes your fortune! This brand has been in the Sacramento area for over 20 years serving great California Italian Cuisine in a smart casual atmosphere with a full bar and open kitchen. Buy the business or change the concept. Any way you look at it this is a GREAT location!
There are approximately 3,000 Sq. Ft. in this restaurant with a large outside patio and an enclosed atrium with sliding glass doors to the patio. This restuarant is designed to do $150,000 a month and with the low rent, this can no doubt be a great money maker.
The facility is in good shape with recent upgrades including the flooring, seating, and hood system. It is located in an upscale neighborhood surrounded by businesses and nice homes. You'll get both strong lunches and dinners and when this economy turns and all those real estate and banker folks start having money again, this restaurant could easily do big numbers. It is 100% absentee operated and with a working owner, it can only get better.
Buyer must have full service restaurant experience, good credit and all cash to purchase the restaurant. No financials will be given at this price. don't ask for them.
A buyer should do his/her own investigation to determine the net income of this restaurant and not rely upon this amount in making a decision to purchase this restaurant. This is an asset purchase and a beautiful one at that!
Liquor License will not be included in the sale. Sacramento county liquor licenses are selling for less than $20,000.
Please select one of the orange buttons below for more information.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000
Lease
Operations
Closed Sunday
Facilities
Highlights
- Great Landlord to work with. Very Flexible.
- Great rent for the area!
- Absentee Operated.
- Outside Patio, Atrium, and full bar - Liquor License NOT included
- Restaurant Shows Well.
- This is a beautiful restaurant and a must see.
- Percentage Rent (6%) Lease
Financing
Demographics
| Population | 3-mi. | 5-mi |
|---|---|---|
| 2014 Total Population | 56,708 | 195,567 |
| Households | 3-mi. | 5-mi |
| 2010 Number Of Households | 20,045 | 72,888 |
| 2010 Persons Per Household | 2.63 | 2.51 |
| Median House Value | $213,100 | $270,978 |
| Income Per Household | $54,915 | $60,527 |
| Businesses | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 1,241 | 4,517 |
| 2012 Number Of Employees | 70,332 | 160,964 |
| 2012 Total Annual Payroll | $2,226,328,000 | $4,284,927,000 |
click for more demographic info
Disclaimer
Notice: 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 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.
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