Located in the heart of all the action in Mid-Town Sacramento, this neighborhood style restaurant and bar is the talk of the town with weekly live music and a wide selection of craft beers and whiskeys, winning this restaurant and bar national recognition for product innovation and entertainment.
The warmth of the bar and dining area feels like you're set back 150 years into the Sacramento's mid-1800's, with red brick walls, dark oaks wood finishes throughout plus an old fashion back-bar keeping you staring at the huge selection of whiskeys while you ponder to yourself..."where do they find all these whiskey's!"
And the restaurant and bar's success shows-up in Yelp reviews with most of the reviewers giving the restaurant and bar 4 and 5 stars, all talking about the wide selection of beers as well as cocktails. As for the food, the reviewers clearly love it with nearly every one gives it high ratings!
But it's all about the numbers, right! Well this place has the numbers! Since opening sales have grown each year with 2014 results at $1,290,000. That's over $1,060,000 of high margin liquor being sold here! And speaking of tax returns, this business has solid ones and is perfect for an SBA loan with 20-30% down! The working Owner's Cash flow is about $137,000 for 2014. Get a working owner in the business and the profits will surely be much higher. AND THIS IS ONLY PRICED AT 2.1 Times 2014 Owner Cash Flow!
There is about 3,200 Sq. Ft. with a large outside patio in a stand alone building. There's seating for 105 inside and 24 outside. But when you pack them in the fire marshall has placed the occupancy at 275 inside and 51 outside! That's a lot of thirsty people making you money!
The landlord is friendly and easy to work with, making this even a sweeter deal!
All buyers must talk to me...before name and address are provided. You must be qualified meaning have 5 years restaurant and bar management experience, a FICO score north of 700 and show at least $60,000 in the bank for the SBA loan. Of course, if you're as rich as Warren Buffet, that will work too!
So go to our website at www.sellingrestaurants.com to get teh name and address of this business.This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
|2014 Total Population||15,195||131,865||343,822|
|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|
|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|
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