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#1939
Sacramento Restaurant For Sale

Grass Valley Italian Restaurant For Sale

$59,000
Sold
Grass Valley Italian Restaurant For Sale
This Listing is Sold
Selling Restaurants presents this beautiful Italian restaurant-It was remodeled less than a year ago! Located in the beautiful Sierra foothills just off a highway 49 close to some of the most expensive real estate in the area! The owner spent considerable time and resources rebuilding the inside of this restaurant, and now needs sell due to family matters - you can benefit from their hard work!! The lease is only $1,350 a month Yes, I said $1,350. Includes a cozy outdoor dining area with a giant Redwood tree in the corner. Current owner has stated she could stay on as cook for new owners if they so desire and it makes sense to.
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Restaurant Broker Scott Beaton DRE License #01853968

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
Expires12/31/2011
Total Monthly Rent:
$1,350
Security Deposit:
$1,850

Operations

Liquor License:
41
# of Part-Time Employees:
4
# of Family Employees:
3
Hours Open:
lunch 11:30-2pm
dinner 5:00-8:30pm (9pm FRi.&Sat.)
Year Established:
2007
Hood System Type 1:
Yes

Facilities

Indoor Seating:
40
Outdoor Seating:
10
Inside Sq. Ft.:
1800
Outside Sq. Ft.:
250

Highlights

  • Beautifully Decorated
  • Fine Dining
  • Excellent selection of Wines
  • Plenty of Parking
  • Super Clean
  • Outdoor Dining
  • Freestanding buiding
  • Historic Gold Rush Era City
  • Totally Turn Key
  • Great Rent

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 23,903 23,903
Households 3-mi. 5-mi
2010 Number Of Households 11,255 11,434
2010 Persons Per Household 2.19 2.19
Median House Value $319,800 $319,193
Income Per Household $42,828 $42,982
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,006 1,014
2012 Number Of Employees 22,166 22,236
2012 Total Annual Payroll $463,550,000 $464,103,000

click for more demographic info

Disclaimer

DISCLAIMER: 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 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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