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#847
Sacramento Restaurant For Sale

Profitable Pizza Restaurant - in Beautiful Sierra Foothills

$440,000
Sold
Profitable Pizza Restaurant - in Beautiful Sierra Foothills
This Listing is Sold
This is the favorite place for both locals as well as tourists located in a bustling city in the Sierra Foothills. In business for over 10 years, the owners are selling the business to try and downsize their lifestyle. With sales over $550,000 for the past three years, and a new lease from the landlord - what else do you need? If you want to live in a beautiful setting, and enjoy operating a proven, successful, moneymaking business, then jump on board!! SBA Financing is available with 20% down.

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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:
new lease
Total Monthly Rent:
$3,200
Security Deposit:
$3,200

Financials

Last Year's Annual Gross:
$572,583
Last Year's Owner's Cash Flow:
$116,039
Last Year's Food Cost %:
36
Last Year's Payroll Cost %:
21
Last Year's Rent %:
6

Operations

Liquor License:
41
# of Full-Time Employees:
4
# of Part-Time Employees:
10
# of Family Employees:
1
Hours Open:
11-10-lunch and dinner
Year Established:
1997
Hood System Type 1:
Yes

Facilities

Indoor Seating:
110
Outdoor Seating:
40
# of Parking Spots:
48
Inside Sq. Ft.:
4,500
Outside Sq. Ft.:
600

Highlights

  • Located in Beautiful Foothills location
  • Well established - over ten years in same location
  • Consistent cash flow - over $116,000 adjusted net in 2006
  • Landlord will write new lease for buyer
  • Large room for private functions
  • Over 4500 sq feet
  • Easy parking right in front of store
  • Owners downsizing Their Lifestyle - you just turn the key
  • SBA financing available at 20% down
  • Sales over $550,000 for the past three years
  • Loyal local business as well as tourists

Financing

Will SBA Finance:
Yes
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 5-mi
2014 Total Population 20,231
Households 5-mi
2010 Number Of Households 8,188
2010 Persons Per Household 2.41
Median House Value $343,000
Income Per Household $62,224
Businesses 5-mi
2009 Number Of Businesses 307
2012 Number Of Employees 3,894
2012 Total Annual Payroll $60,881,000

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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