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#1168
Sacramento Restaurant For Sale

Family Style Mexican Restaurant in Folsom!

$49,000
Family Style Mexican Restaurant in Folsom!
This Listing is Expired
Selling Restaurants presents this Mexican Restaurant with all the attributes necessary for a successful operation including a beer and wine license. Located in retail center with great street visibility, this restaurant has generated strong loyal customers and reputation due to its authentic recipes. The facility has 1,500 sq/ft with monthly rent of $3,000, which includes CAM/NNN. Dining area seats up to 42 customers. The lease expires on 11-1-2011 plus 5 years option renewal. Seller is tired and needs a break from the restaurant business. To make this more attractive and to show the seller believes in his business, the seller will carry 25% of total purchase price secured with the buyer�s real estate.

Take the next step and complete the online confidentiality agreement and you�ll be provided with the restaurant name and address. Also you will given priority notification to new listings in the future, prior to the general public, giving you the best chance to �scoop in� the best opportunities. There are also more photos available to our registered buyers.
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 on 11-2011 + 5yr option
Total Monthly Rent:
$3,000
Security Deposit:
$3,000

Financials

Last Year's Food Cost %:
30

Operations

Liquor License:
41
# of Part-Time Employees:
1
# of Family Employees:
2
Hours Open:
Mon-Sat 10am to 8:30pm
Sun 10am to 6pm
Year Established:
2007
Hood System Type 1:
Yes

Facilities

Indoor Seating:
42
Inside Sq. Ft.:
1,500

Highlights

  • Turn key Mexican restaurant prefect for husband and wife term.
  • Located in the heart of Folsom near High Tech Center.
  • Retail center has convenience parking.
  • Kitchen has deep fryer, refrigerator and range and hood in place
  • Easy maintain dinning room able to seats 42 customers.
  • 1500sq/ft facility for $3000 rent includes CAM.
  • The existing lease expires on 11-1-2011 plus 5yrs option.
  • Seller will carry 25% of total purchasing price for quality buyers secured with real estate.
  • Seller is tired and needs a break from restaurant business

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
25%

Demographics

Population 5-mi
2014 Total Population 0
Households 5-mi
2010 Number Of Households 0
2010 Persons Per Household
Median House Value $0
Income Per Household $0
Businesses 5-mi
2009 Number Of Businesses 0
2012 Number Of Employees 0
2012 Total Annual Payroll $0

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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