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#2083
Chico Restaurants For Sale

Growing Coffee/Cafe Business with Excellent Lease

$79,000
Growing Coffee/Cafe Business with Excellent Lease
This Listing is Expired
SellingRestaurants Presents this excellent opportunity for somenone to get in at the ground level. This coffee house/cafe recently opened in May 2009 and has showed great potential & steady growth. There are 2200 sq ft plus an additional 800+ sq ft of patio. The location is AAA+ and the lease is only a dollar a ft gross. So if coffee is not your business this place will easily convert to most concepts. Landlord evens pay water & garbage. There is plenty of off street parking and great freeway access. There is a class II hood (great for pizza) already installed. There is also a permit pulled to install a class I hood. There is a ton of equipment in excellent condition. Amazing visibility and already has a great reputation. This is a great space for night time venues and a very nice catering kitchen. The space seats approx 50-60 (70 for banquets) and beer & wine license is included. All new hard wood tables, fresh paint and simply a very cool atmosphere. The partners have other interests and may carry a note for the right buyer. This is a Plaza Realtors Listing.

Seller/owner is a Plaza Realtors agent.

Take the next step and select one of the 'Orange Buttons' below to get much more detail & photos of this great opportunity.
Agent Steve Demaggio

Lease

Region:
Chico Restaurants For Sale
Lease Term:
Expires Feb 2012 + Two 3yr Options
Total Monthly Rent:
$2,200

Operations

Liquor License:
41
# of Part-Time Employees:
6
Hours Open:
Mon-Fri 6am - 2pm Sat 7am - 2pm closed Sunday
Year Established:
2009
Hood System Type 1:
Yes

Facilities

Indoor Seating:
60
Outdoor Seating:
30
# of Parking Spots:
30
Inside Sq. Ft.:
2,200
Outside Sq. Ft.:
800

Highlights

  • Growing Business
  • Excellent Lease
  • AAA+ Location
  • Type II Hood
  • Permit for Type I Hood in Place
  • Equipment in great condition
  • Sellers have others interests
  • Great for owner operator
  • Excellent for franchise
  • Lots of off street parking
  • Easy to operate
  • Convert to full service restaurant

Financing

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

Demographics

Population 1-mi. 5-mi
2014 Total Population 36,773 73,162
Households 1-mi. 5-mi
2010 Number Of Households 14,480 29,899
2010 Persons Per Household 2.43 2.38
Median House Value $294,600 $281,965
Income Per Household $45,224 $42,126
Businesses 1-mi. 5-mi
2009 Number Of Businesses 1,185 2,197
2012 Number Of Employees 32,876 59,120
2012 Total Annual Payroll $510,887,000 $1,017,997,000

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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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    Lease:  
    Expires Oct. 1, 2024 with two 5 year options
    Monthly Rent:  
    $5,600
    Annual Revenues:  
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    Annual Adj. Net:  
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    Square Feet:  
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