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#5461
Sacramento Restaurant For Sale

BACK ON MARKET Mid-Town Sac Restaurant & Bar with Hard Liquor

$275,000
Available
BACK ON MARKET Mid-Town Sac Restaurant & Bar with Hard Liquor



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Excellent opportunity for a hands-on owner operator to make some serious "CASH". This full service restaurant and bar with a type 47 - full liquor license in the booming mid-town Sacramento market is surrounded by HIGH DENSITY residential units and more are under construction. The current owners offer live music and special events CRUSH it at this location but the neighborhood is in dire need of something that is more food oriented. 

The front dining room and bar seats 85 and has black tufted booths, exposed brick walls, high ceiling and some cool original art giving the space the feel of a hip cantina or modern smokehouse or gastro-pub. There is a very cool intimate bar in the back of the restaurant seating 10 and has the feel of an old time speak-easy New York Style bar. It would make an excellent "members only" area with private Scotch and/or Whiskey lockers. There is also a patio seating 25.

Go visit this restaurant by visiting SellingRestaurants.com and find listing 5461.

The menu has a regional Americana tavern vibe. The kitchen has a 10' hood with a char-broiler, double basket fryer, flat griddle, 4 burners and oven. Additional equipment includes a refrigerated cold table/pantry, food warmers, slicer, panini machine, Traulsen 3 door freezer, 3 door refer and plenty of room and metro racks for dry storage.

The bar has 3 wells capable of handling thousands of dollars of revenue on any given shift. There are currently 24 handles on tap.

2018 Revenues were just north of $1.1 million.  

Current operations are FAR below potential and offers a hands-on/owner operator in either the kitchen or bar an opportunity to quickly turn this into a serious money maker. 

This is a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Chaz Gaddie DRE License #02057673

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
OCTOBER 31, 2020 + ONE 5 YEAR OPTION
Total Monthly Rent:
$10,000
Security Deposit:
$8,000

Financials

Last Year's Annual Gross:
$1,134,255
Last Year's Food Cost %:
31
Last Year's Payroll Cost %:
24
Last Year's Rent %:
11

Operations

Liquor License:
47
# of Full-Time Employees:
4
# of Part-Time Employees:
13
# of Working Owners:
3
Hours Open:
12:00 p.m. - 10:00 p.m. Mon - Thur
12:00 p.m. - 2:00 a.m. Fri
11:00 a.m. - 2:00 a.m. Sat
9:00 a.m. - 10:00 p.m. Sun
Year Established:
2015
Hood System Type 1:
Yes

Facilities

Indoor Seating:
85
Outdoor Seating:
25
# of Parking Spots:
Street
Inside Sq. Ft.:
3200
Outside Sq. Ft.:
300

Highlights

  • Type 47 liquor license with no conditions or restrictions
  • Surrounded by existing and new construction high density residential
  • Stylish Decor
  • Second Bar at rear of restaurant
  • Outdoor Patio
  • 24 Beer Handles
  • PACKS em in for special events and live music
  • Efficient Kitchen

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 15,195 131,865 343,822
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 9,314 55,496 130,845
2010 Persons Per Household 1.51 2.25 2.46
Median House Value $304,970 $266,889 $236,168
Income Per Household $35,074 $46,405 $45,915
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 2,264 5,492 9,942
2012 Number Of Employees 62,930 172,590 343,536
2012 Total Annual Payroll $1,672,587,000 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

DISCLAIMER: 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 addition to seeking professional advice from an attorney as well as a CPA.  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 (if included in the sale), 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. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the 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 and User should often review the listing on the website to keep up to date.

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