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#1733
Sacramento Restaurant For Sale

Sacramento Restaurant For Sale

$350,000
Sold
Sacramento Restaurant For Sale
This Listing is Sold
Selling Restaurants presents this unique, fast casual restaurant concept with a long history of profitable success with consistent growth in sales and a recession proof business model. This business is easy to operate and training is included. This is a rare opportunity for a buyer to take over this "Local Grassroots Idea" operating now for 10+ years. The business owner is also the creator of this concept and comprehensive training will be given to experienced as well as inexperienced operators who are highly motivated individuals willing to work hard to expand this simple to operate business opportunity. Buyer should have and entrepreneurial spirit with passion, fun, hard work ethic and the ability to interact well with the customers and the community.

Initially the Seller is looking for owner operators involved in the day to day operations. The demand for this quality product is high and much of the past years of success are attributed to the simplicity of operation. There is seating for 48 inside this comfortable restaurant, along with an huge established "TO GO" business. There is a Type 41 Beer and Wine license also included in the purchase price. The Long lease is a dream at only $1.20 per sq ft which INCLUDES NNN and has a 4yr term + 2 x 5 year options. This is a Turn key opportunity with years of goodwill making it ideal for someone to continue to grow and expand this exciting concept while banking the profits.

TAKE THE NEXT STEP. Select the bright orange button below title "want name and address." Register if you're a new client and sign the Online "Confidential Agreement." Then contact the Agent directly via email, submitting your experienced Resume and financial ability to purchase. This will also place you on our exclusive Buyer's e-mail list, giving you first look at our new listings.
This is a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Scott Beaton DRE License #01853968

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
expires January 2013 +5+5 year options
Total Monthly Rent:
$2,200
Security Deposit:
$2,200

Financials

Last Year's Annual Gross:
$485,322
Last Year's Owner's Cash Flow:
$110,759
Last Year's Food Cost %:
40.1
Last Year's Payroll Cost %:
21

Operations

Liquor License:
41
# of Part-Time Employees:
10
Hours Open:
Daily 11:00 am - 9 pm
Year Established:
1998

Facilities

Indoor Seating:
48
# of Parking Spots:
20
Inside Sq. Ft.:
1,750

Highlights

  • Superb Opportunity
  • Highly profitable year after year
  • Fast Casual Restaurant
  • Extremely simple to Operate
  • Low Low Rent
  • Location is highly visible from hwy
  • Owners will carry a portion of the sale
  • Full Training included in purchase price
  • Shows huge sales growth
  • Profitable from the Day of the Purchase
  • Fabulous Lease
  • SBA Approved Loan with 20% Down @ 8% for 10 years

Financing

Will SBA Finance:
Yes
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
20%
This Listing is Sold

Demographics

Population 5-mi
2014 Total Population 35,985
Households 5-mi
2010 Number Of Households 14,820
2010 Persons Per Household 2.43
Median House Value $314,300
Income Per Household $57,468
Businesses 5-mi
2009 Number Of Businesses 926
2012 Number Of Employees 21,814
2012 Total Annual Payroll $396,386,000

click for more demographic info

Disclaimer

DISCLAIMER: 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 addition to seeking professional advice from an attorney as well as a CPA.  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 (if included in the sale), 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. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the 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 and User should often review the listing on the website to keep up to date.

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