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#808
Sacramento Restaurant For Sale

Old Sacramento Restaurant and Convenience Store Location

$59,000
Old Sacramento Restaurant and Convenience Store Location
This Listing is Expired
This restaurant and convenience store is in a prime location in Old Sacramento. Old Sacramento is a historic area with buildings built in the 1800's and wood plank walk ways. It is famous for the California State Railroad museum, one of the best in the nation, riverside restaurants and unique entertainment and shopping experiences. This restaurant/store was recently remodeled with new dinning area, chairs, tables, and much more. The menu has Chinese food as well as hamburgers and fries for dine-in or dine-out. The restaurant is very clean and seats as many as 28 customers. The store sells candies, beverages and other tourist items. Grow the business by adding unique tourist items. The kitchen is equipped with a walk in-cooler, hood, deep fryer, stove and a Chinese wok. Facility has about 900sq/ft, base rent is $2970 per month with 7 months left on the lease, landlord will issue new lease term to qualify buyers. Seller has been called back to his home in Asia and needs to sell immediately. Select one of the bright orange button at SellingRestaurants listing detail page in order to get the name and address of the listing.
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
Lease Term:
7 Months+New Lease
Total Monthly Rent:
$2,970
Security Deposit:
$3,000

Operations

# of Full-Time Employees:
2
# of Family Employees:
2
Hours Open:
11:30am to 5pm
Closed Tuesday
Year Established:
2007
Hood System Type 1:
Yes

Facilities

Indoor Seating:
28
Inside Sq. Ft.:
990

Highlights

  • This Facility Could Convert to New Concept.
  • High Tourists and Local Foot Traffic.
  • Weekend Events Attract Tourists in the Area.
  • Convenience Store and Fast Food Style Restaurant.
  • Just Remodeled with New Tables and Chairs
  • Seller Has Replaced some Equipments.
  • Kitchen has Hood and Walk in Cooler.
  • Base Rent is $2970 a Month.
  • 7 Months Left on lease and Landlord will Issue New Lease.
  • Seller is Planning Move Back to his Country with his family
  • Plenty Public Parking Around.
  • Sign Confidentiality Agreement to Drive By the 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 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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