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#1035
Sacramento Restaurant For Sale

Gorgeous Asian Restaurant Located in Retail Center in South Placer County

$75,000
Sold
Gorgeous Asian Restaurant Located in Retail Center in South Placer County
This Listing is Sold
This newly designed and remodeled Chinese restaurant is located in the retail center on a high traffic corner in South Placer County. It is a new upscale fashion fine dining restaurant with a great looking wine bar serving Beer and Wine. It seats up to 110 guests. Kitchen is easy to maintain with state of the art equipment. Restaurant has about 3,100sq/ft with a base rent of only $5,941 plus CAM charges. In South Placer county this rent is almost unheard of. The lease expires in October 31, 2009. Seller states gross revenue about $30,000 a month and the food cost is 28%. Seller must sell this location because managing two restaurants proved to be too difficult.
Please select the orange button below to get the name and location. Please sign the Confidentiality Agreement for business name and address (如果你已經是豋記客戶,請按橙色指引�Sign Confidentiality Agreement� 再按同意保密,你馬上可以得到商戶名字和地址).This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
Expires Oct 31, 2009
Total Monthly Rent:
$5,942
Security Deposit:
$2,462

Financials

Last Year's Food Cost %:
28
Last Year's Payroll Cost %:
21

Operations

Liquor License:
41
# of Full-Time Employees:
4
# of Part-Time Employees:
1
# of Family Employees:
2
Hours Open:
Sun to Thur 11am to 9pm
Fri and Sat 11am to 9:30pm
Year Established:
2006
Hood System Type 1:
Yes

Facilities

Indoor Seating:
110
Inside Sq. Ft.:
3102

Highlights

  • Absolutely turn key business location waiting for you.
  • Gorgeous interior design totally differences then other Chinese restaurant.
  • Nice looking bar serving beer and wine.
  • Unique decors dinning room able seats up to 110 guests.
  • Kitchen is easy to maintain and fully equipped.
  • Parking lot has plenty of space and conveniences ingress.
  • Restaurant occupied 3100sq/ft in high traffic retail center.
  • Reasonable base rent is $5941 per-month plus CAM.
  • Lease will expire in October 31, 2009.
  • Gross revenue about $30,000 a month and food cost about 28%.
  • Seller couldnt too tired manage two restaurant at the same time.
  • 請按橙色指引, 再按同意保密,你馬上可以得到商戶名字和地址

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 3-mi. 5-mi
2014 Total Population 22,030 89,513
Households 3-mi. 5-mi
2010 Number Of Households 7,479 32,820
2010 Persons Per Household 2.86 2.63
Median House Value $600,100 $393,483
Income Per Household $127,736 $83,893
Businesses 3-mi. 5-mi
2009 Number Of Businesses 503 3,194
2012 Number Of Employees 7,040 84,180
2012 Total Annual Payroll $133,965,000 $2,208,914,000

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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