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#4095
Bakersfield~Fresno Restaurants For Sale

Profitable Restaurant and Hookah Concept With Hard Liquor

$249,000
Profitable Restaurant and Hookah Concept With Hard Liquor
This Listing is Expired

Opportunity to own Profitable Restaurant & Full Bar with Hookah!

Continue to success with current concept or modify and bring in your own ideas……..

Contemporary upscale furnishings in a comfortable atmosphere.

This is a very popular Bar/Restaurant in Fresno County.

  • 18+ Hookah Lounge
  • Dance Club with full bar for the 21+
  • Outside patio seating
  • 200 inches Big Screen and five TVs
  • Gift shop and Smoke shop
  • VIP booth seating area
  • State of art sound and lighting system an
  •  300 cars parking lot
  • Seats 250 people.

47 License is included!

Current MenuMediterranean, Kabob style, Full Bar

Kitchen: Big Kitchen with grill, walk in fridge and freezer, 3 Hoods, Ice maker and much more.

Lease:  Rent $6,651.43 (includes cam) for 5,800 sqf.  Interior - plus 1,000 sqf. Patio

Sales: 2013 at $515,565

Reason for selling: The Seller has another venture already in place that takes precedence.

                     Seller will carry part of the purchase price for a qualified buyer

            For more detailed information buyer will need to show proof of ability to purchase.

                               The Seller will consider All Serious offers!

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

Lease

Region:
Bakersfield~Fresno Restaurants For Sale
Lease Term:
Expires August 1 2017 plus 2-5yr options
Total Monthly Rent:
$6,651
Security Deposit:
$6,551

Financials

Last Year's Annual Gross:
$515,565
Last Year's Owner's Cash Flow:
$96,299
Last Year's Food Cost %:
24
Last Year's Rent %:
15

Operations

Liquor License:
47
# of Part-Time Employees:
12
Hours Open:
open Sunday , Tuesday and Wednesday 6pm-12am
Thursday , Friday and Saturday 6pm-2am .


Year Established:
2002
Hood System Type 1:
Yes

Facilities

Indoor Seating:
250
Outdoor Seating:
50
# of Parking Spots:
290
Inside Sq. Ft.:
5,800
Outside Sq. Ft.:
1000

Highlights

  • 47 license full liqour
  • Nice updated restaurant
  • Full kitchen
  • Plenty of parking
  • Hookah
  • Busy center with good cross section of anchor tenants
  • Seller will Carry portion of the price...must be qualified.

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 30,802 192,024 349,946
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 11,035 68,146 120,290
2010 Persons Per Household 2.59 2.64 2.74
Median House Value $186,400 $194,029 $203,366
Income Per Household $42,286 $48,565 $51,334
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,262 5,055 7,880
2012 Number Of Employees 39,972 163,396 229,360
2012 Total Annual Payroll $553,869,000 $2,876,212,000 $4,128,949,000

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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