#948
Chico Restaurants For Sale

Fully Equipped Restaurant Facility w/Type I Hood System Priced to Sell!

$30,000
Sold

This place was a long standing BBQ joint on a high traffic location for many years. Current owners changed the concept and decided they wanted out. Currently closed all you need is an idea to get back in business. There is a Type I Hood System with Fire Suppressant, walk in refer, nice size office, genuine wood smoker, seating for approx.35 people and a gross rent of only $1500 a month for this 1400 Sq Ft facility. All the equipment, tables and chairs are in place. This is a great spot for your concept. Excellent location for a caterer who wants to entertain private banquets for 30-40 people on premise, while catering hundreds off site. You decide. There are a couple parking spaces for owner/employee and plenty of free off street parking for guests. There are currently 2.5 years left on the lease with a 3 yr option to renew. This is a great opportunity to get a turn key restaurant for a small investment.

Please select one of the orange buttons below to get more information including locaiton 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:

Chico Restaurants For Sale

Lease Term:

Expires 2010 plus 3 yr option

Total Monthly Rent:

$1,500

Security Deposit:

$1,500

Operations

Hours Open:

Currently Closed

Year Established:

2007

Hood System Type 1:

Yes

Facilities

Indoor Seating:

Inside Sq. Ft.:

1,400

Highlights

1400 +- Sq Ft
$1500 Month Gross Rent
Type I Hood System with Fire Suppressant
Great for BBQ/Deli/Caterer
Bring Your Own Concept
Sellers are Motivated
Recently Closed Down
Seats Approx 35 People
Even has an Office Inside
Very Easy to operate with Only Two People

Financing

Will SBA Finance:

Will Seller Lend To Buyer:

Demographics

Population	1-mi.	5-mi
2014 Total Population	36,773	73,162
Households	1-mi.	5-mi
2010 Number Of Households	14,480	29,899
2010 Persons Per Household	2.43	2.38
Median House Value	$294,600	$281,965
Income Per Household	$45,224	$42,126
Businesses	1-mi.	5-mi
2009 Number Of Businesses	1,185	2,197
2012 Number Of Employees	32,876	59,120
2012 Total Annual Payroll	$510,887,000	$1,017,997,000

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.

Other Listings in the Area

#6426

Profitable Mexican Restaurant

Lease:
Expires Oct. 1, 2024 with two 5 year options

Monthly Rent:
$5,600

Annual Revenues:
$824,767

Annual Adj. Net:
$198,338

Square Feet:
3,000

Available
$199,000
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