Selling Restaurants presents this Restaurant facility that is a family operated Ethnic establishment in a prime area of Sacramento California. Beer and Wine type 41 license is included. The present owners have owned and operated this restaurant for three years and family commitments force them to sell. This unique ethnic style has no competition in the area. The line Kitchen is small but the preparation area behind the scenes is large a spacious. This facility could be so easily be transformed into a Mexican, Chinese, Thai, Indian or a Pizza establishment. The kitchen has a full Hood and Ansel fire system. The lease has 2 yrs to run plus a further 5 yr option. The location has ample parking and is on a major hwy in a desirable neighborhood. Presently the owners operate the restaurant from 11.00am to 9.00pm six days a week. The building itself is in good condition and has high visibility from the street with this facility being situated at the end of the mall. 1,382 square-feet situated in a small mall which has ample, well lit parking right up front. Inside, the dining room seats 49 and there is also ample preparation area and storage space. The owners have priced this opportunity to sell at only $95,000. The rent is $1,702 monthly and is considered low for it's location at only $1.23 per sq ft. Right now this casual ethnic restaurant is operated by the owners, but has huge potential for growth as a different style of operation.
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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:
February 2010 + 5 yr option
Total Monthly Rent:
$1,702
Operations
Hours Open:
11.00am - 9.00pm Monday - Saturday
Highlights
- Price Just Reduced!!!
- Good Location on Busy hwy
- Would suit any ethnic style
- Low Rent with 2 years remaining + 5 year option
- High visibility
- Full line Kitchen and Hood system
- Ample Storage and preparation area
- Nice size for take out and dine in
- Priced to sell
- Comes fully equipped and ready to go
- Corner unit of small mall
- Mexican, Chinese, Thai, Pizza or Indian opportunity
Financing
Will Seller Lend To Buyer:
No
Demographics
Population |
1-mi. |
3-mi. |
5-mi |
2014 Total Population |
44,709 |
108,251 |
313,781 |
Households |
1-mi. |
3-mi. |
5-mi |
2010 Number Of Households |
15,242 |
42,586 |
112,957 |
2010 Persons Per Household |
2.75 |
2.41 |
2.61 |
Median House Value |
$220,500 |
$306,561 |
$244,912 |
Income Per Household |
$43,624 |
$57,160 |
$45,331 |
Businesses |
1-mi. |
3-mi. |
5-mi |
2009 Number Of Businesses |
504 |
1,416 |
6,309 |
2012 Number Of Employees |
10,736 |
27,588 |
192,452 |
2012 Total Annual Payroll |
$164,817,000 |
$441,655,000 |
$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.