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#3449
Sacramento Restaurant For Sale

Midtown Sacramento Quick Serve Mexican w/Patio Priced at-Only $69k

$69,000
Midtown Sacramento Quick Serve Mexican w/Patio Priced at-Only $69k
This Listing is Expired

This an absolute Turn Key restaurant in perfect condition and your opportunity to own and operate a Mexican Restaurant in Midtown, Sacramento. This sale represents your chance to be your own Boss in a AAA Location. The interior of this business is turn key and beautiful. Take a look at the photos and you'll see just how nice it is. There is a large outside patio to accomodate more capacity and everything is in immaculate condition.

LOCATION: Situated on a main Hwy, in the center of Midtown Sacramento amongst a Mecca of hundreds of restaurants, all within walking distance. This Mexican restaurant sits in a huge, upscale Mall with many major anchor stores and is highly visible from the road.

LEASE TERMS: The Lease terms make this restaurant an attractive operation for the centre of town. Total monthly rent is $8,274 inc NNN for 1,929 total usable indoor square footage plus an additional 500 sq ft Patio.

This restaurant’s incredible lease terms make it  possible to make a profit as a fast food restaurant. Many upgrades were completed in September 2010 and fitted out to an Extremely high standard.

HISTORY: Buy the existing Mexican Restaurants long standing reputation, concept, recipes, lease terms, furniture, fixtures, equipment, and Beer and Wine License OR bring Your Own concept and take advantage of the fantastic quick serve restaurant location. A full liquor license (currently $20k) would be attainable and  may catapult the sales.

The Seller has stated that the business was extremely strong prior to the downturn in the economy. This is a great indication and the sales will comeback as the economy strengthens in the coming years.  So now is the time to take the Leap into Business Ownership and enjoy the Sacramento MidTown life.

HOUR OF OPERATION: Presently the Restaurant is open for 10.00am to 9.00pm daily. There is huge scope to increase business by opening to later in the evening.

REASON FOR SELLING: The Seller has many outside business interests and in 2010 was totally absentee and wishes to concentrate on his other restaurants.

This is a Paramount Restaurant Brokers, Inc., Listing.  A California Corporation

This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
Expires 2015 + 5 year option
Total Monthly Rent:
$8,274
Security Deposit:
$8,800

Operations

Liquor License:
41
# of Full-Time Employees:
3
# of Part-Time Employees:
2
Hours Open:
10.00am - 9.00pm Daily
Year Established:
1990
Hood System Type 1:
Yes

Facilities

Indoor Seating:
80
Outdoor Seating:
30
# of Parking Spots:
100+
Inside Sq. Ft.:
1,929
Outside Sq. Ft.:
500

Highlights

  • Turn key Restaurant owners Dream
  • Mid town Sacramento, Restaurant Row
  • Brand new fixtures and fittings
  • SS Kitchen with walk in and plenty of Storage
  • Imaculate throughout
  • A True Mexican situated in a great location and area
  • Easy Fast Food Menu
  • Patio dining
  • Anchor store, Safeway bringing in Customers
  • Huge scope to increase business
  • Immaculate condition

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 0 130,164 296,712
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 0 53,585 117,814
2010 Persons Per Household 0.00 2.30 2.46
Median House Value $0 $487,913 $547,533
Income Per Household $0 $51,528 $59,079
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 11 7,879 12,905
2012 Number Of Employees 0 256,750 455,220
2012 Total Annual Payroll $0 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("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. DRE License # 01339409.

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