STOP PAYING A LANDLORD! This is a great deal on an established business. The restaurant grossed over $370,000 in sales in 2007, the building is in great condition and the seller wants to move on...we are offering this established business showing steady growth over the past three years with the Real Estate for only $350,000. The building is 2,350 Sq Ft and seats 100 people. The equipment is in excellent condition and there�s plenty of it. There are 30 parking spaces and room for big rigs. This is the a breakfast, lunch and Dinner restaurant. Also this is the only full service restaurant in the area. Located just 30 miles outside of Redding near two fantastic lakes, this is a golden opportunity to own the business, real estate and enjoy the outdoors.
Please select one of the orange buttons below to get more information including location and agent's name.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409
Lease
Region:
Redding Restaurants For Sale
Financials
Last Year's Annual Gross:
$370,438
Last Year's Owner's Cash Flow:
$41,357
Last Year's Food Cost %:
36.39
Last Year's Payroll Cost %:
29.99
Operations
# of Full-Time Employees:
2
# of Part-Time Employees:
7
Hours Open:
11-8/9pm Seven Days a Week
Highlights
- Business Continues to Grow in Sales
- Real Estate Included
- Building is in Great Condition
- Sq Ft is 2350
- Seats 100; Breakfast Lunch & Dinner
- Type I Hood System
- Beer & Wine License Included
- Plenty of Parking
- Located just 30 Miles Outside of Redding
- Two Great Family/Fun/Fishing Lakes near by
- Lot Size 28,750
- Only Full Service Restauarnt in the Area
Financing
Will Seller Lend To Buyer:
No
Demographics
Population |
5-mi |
2014 Total Population |
330 |
Households |
5-mi |
2010 Number Of Households |
650 |
2010 Persons Per Household |
2.09 |
Median House Value |
$210,800 |
Income Per Household |
$33,438 |
Businesses |
5-mi |
2009 Number Of Businesses |
19 |
2012 Number Of Employees |
136 |
2012 Total Annual Payroll |
$2,150,000 |
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.