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#3950
Sacramento Restaurant For Sale

Mid-Town Restaurant & Bar w/Hard Liquor for Sale

$150,000
Available
Mid-Town Restaurant & Bar w/Hard Liquor for Sale



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This iconic mid-town restaurant and bar has operated for more than 20 years with all the local politicians frequenting it and their go to place for making deals happen.  

This is a national chain quality build-out with a full bar and over 6,000 Sq. ft. of space with an outside patio seating.  It has been renovated in recent times. 

Located close to the new stadium as well as the convention center, this restaurant and bar needs a new concept and could use fresh management as well. Just change the look and feel of the interior and with not too much invested, you'll be running a multi-million dollar restaurant and bar. 

The liquor license is included in the sales price. 

This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
EXp. October 31, 2022 + 5 Year Option
Total Monthly Rent:
Call

Operations

Liquor License:
47
Hours Open:
Currently Closed
Year Established:
1999
Hood System Type 1:
Yes
Hood System Type 2:
Yes

Facilities

Indoor Seating:
250
Outdoor Seating:
60
# of Parking Spots:
Valet
Inside Sq. Ft.:
6274
Outside Sq. Ft.:
Large

Highlights

  • Professional Finish - National Chain Quality
  • Full Bar
  • Large Bar Area
  • Price Mid-Town Location
  • Close to Convention Center & Stadium
  • Owner Moving On To New Non-Restaurant Venture
  • Multi-Million Revenue Location

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 15,195 105,955 271,312
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 9,314 46,742 105,480
2010 Persons Per Household 1.51 2.14 2.42
Median House Value $304,970 $295,035 $249,460
Income Per Household $35,074 $49,238 $47,847
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 2,264 4,385 7,885
2012 Number Of Employees 62,930 129,948 275,406
2012 Total Annual Payroll $1,672,587,000 $3,733,567,000 $4,294,967,295

click for more demographic info

Disclaimer

Notice: 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 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.

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