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#1175
Sacramento Restaurant For Sale

Real Estate: Near Lake Grocery Store & Burger Joint w/Beer & Wine & Cigarette

$275,000
Real Estate: Near Lake Grocery Store & Burger Joint w/Beer & Wine & Cigarette
This Listing is Expired
Selling Restaurants presents this cabin style grocery store and burger joint which is the only commercial real estate within 6 miles and is screaming for an owner/operator who knows how to service the local community as well as the seasonal crowd visiting the lake which is within walking distance of this store. Real estate is included in the price. A beer and wine license as well as a cigarette license is included in the sale. There is no other grocery store within 6+ miles and there are hundreds of homes in the area. This store has misses that market by not carrying the correct products nor market the location as a "stop here and get you quick items" instead of driving a long way to town. The current owners have updated and improved the facility significantly during their ownership. The building was built in 1982. The business sits on .25 acre of land, on a V shaped corner lot. There is a restaurant facility currently used to do American style food such as burgers, hot dogs, fish & chips, etc. Again, there is no restaurant within miles of this place, yet there are hundreds of homes.

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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

Financials

Last Year's Annual Gross:
$152,000
Last Year's Owner's Cash Flow:
$39,645

Operations

Liquor License:
41
Hours Open:
11-8:30
Year Established:
1983
Hood System Type 1:
Yes

Facilities

Indoor Seating:
20
Outdoor Seating:
12
# of Parking Spots:
12
Inside Sq. Ft.:
928
Outside Sq. Ft.:
deck
Lot Sq. Ft.:
11326

Highlights

  • .25 Acres of corner lot Land included
  • General Store and Burger Joint
  • Walking Distance From Lake
  • Season is May-September
  • Only Commercial Real Estate in 6 mile radius and around the lake
  • Cigarrett Licence included
  • Beer and Wine License Included
  • Beautiful Forest Setting with Big Trees
  • Lots of Homes in Area Need a 7-11 style store for quick items
  • People drive 10 miles to buy groceries & beer
  • This was the Current Owners first time in the business and had no experience with retail or restaurants
  • Build in 1982

Financing

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

Demographics

Population 5-mi
2014 Total Population 17,169
Households 5-mi
2010 Number Of Households 7,513
2010 Persons Per Household 2.30
Median House Value $389,200
Income Per Household $63,132
Businesses 5-mi
2009 Number Of Businesses 499
2012 Number Of Employees 6,218
2012 Total Annual Payroll $118,871,000

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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