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#1961
Sacramento Restaurant For Sale

Granite Bay Restaurant For Lease

$150,000
Sold
Granite Bay Restaurant For Lease
This Listing is Sold

SellingRestaurants presents another turn-key restaurant facility located in the upscale town of Granite Bay and priced to sell at ZERO! Yes, it will cost you nothing to start this restaurant. If you're lookiing for a high income area where the demographics are primarily upper-class white collar professionals and high income earners, then this is the location. The number of available restaurant spaces in Granite Bay are low because the community tends to support the local restaurant owners if they produce good product with great service and a fair price.

This restaurant needs very little in order to open it up. All the equipment is in place - hood, stove, oven, prep-table, counters, point of sales system, reach-ins, hundreds of nice chairs and dozens of table, and the list goes on.

The building is fairly new and shows well. There is an outside patio area allowing you to take advantage of the wonderful night weather the area offers. You'll get 7-8 months of use on the patio in this area. The dining room seats hundreds with a total of 2,750 Sq. Ft. inside and a large outside patio included in the rent, The total monthly rent including NNN of $8,525. Yes, the rent looks high, but keep in mind it includes the leasing of all the equipment in the restaurant plus the existing infrastructure. If you were to buy the equipment and build-out this restaurant it would cost you $500,000+. The lease already has this all factored into it. This is a beautiful facility and you've got to see it to appreciate it.

This is a destination location and will require an operator who knows how to work the community and businesses in order to grow their business. There are 10's of thousands of employees within a couple miles of this location, so lunches will be strong. There are plenty of upper-class homes in the area with annual incomes I'm sure that are in the 6 figure+ area so dinners will be strong. Of course it depends on your skills to achieve these results.

The landlord is willing to do a 5 or 3 year lease plus options.

This restaurant is litterally open to any concept you want except fast food.

So to see it, just signin or register and select the orange button titled "want Name and Address" and you're on your way to a great deal!

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:
New Lease 5+5 or 3+3
Total Monthly Rent:
$7,200

Operations

Hood System Type 1:
Yes

Facilities

Indoor Seating:
150
Outdoor Seating:
30
# of Parking Spots:
50
Inside Sq. Ft.:
2,750
Outside Sq. Ft.:
800

Highlights

  • Absolutely Turn-Key Restaurant - Just get Health Inspection Completed.
  • Beautiful Restaurant Facility in a beautiful building
  • Can be practically any concept
  • 2,750 inside Sq. Ft.
  • Rent includes leasing of equipment - You avoid a $500,000 investment
  • Easy to get a beer and wine license
  • Plenty of parking
  • Expect big lunches
  • Granite counter tops
  • Average 5 mile Household Income $93,000+
  • Traffic Count of Major Intersection close to restaurant is 81,000+

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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