Sacramento Restaurant For Sale
WOW!!!! $50K PRICE REDUCTION Mid-town Sac Rest/Bar with Hard Liquor
OWNER SAYS GET IT SOLD NOW!!!!
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.
2019 Revenues approximately $860k
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.
Don't let this deal pass you by.......
Broker of Record Rob Tade DRE License #01339409
Lease
Financials
Operations
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
Facilities
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
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
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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