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#720
Sacramento Restaurant For Sale

Rare South Placer County Sports Bar and Restaurant with Type 47 & doing BIG NUMBERS!

$549,000
Rare South Placer County Sports Bar and Restaurant with Type 47 & doing BIG NUMBERS!
This Listing is Expired
Price has just been drastically reduced - it is hard to find a successful restaurant/sports bar like this one around Sacramento, and even more difficult in Placer County. This is a very profitable business with 2006 sales over $1.7 million and adjusted net over $190,000. All this and a very coveted placer county type 47 liquor license. This is a one of a kind operation in one of the most desirable parts Placer County and Sacramento. Take the next step and complete the online confidentiality agreement and you�ll be provided with the restaurant name and address. Also you will given priority notification to new listings in the future, prior to the general public, giving you the best chance to �scoop in� the best opportunities. There are also more photos available to our registered buyers.
This is a Rob Tade-Broker listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
call
Total Monthly Rent:
$7,085

Financials

Last Year's Annual Gross:
$1,754,086
Last Year's Owner's Cash Flow:
$190,460
Last Year's Food Cost %:
31
Last Year's Payroll Cost %:
23
Last Year's Rent %:
6.7

Operations

Liquor License:
47
# of Full-Time Employees:
5
# of Part-Time Employees:
45
# of Family Employees:
2
Hours Open:
Mon-Wed 11:00 - 11:00
Thur-Fri 11:00 - 2:00
Saturday 9:00 - 2:00
Sunday 9:00 - 11:00
Year Established:
2002
Hood System Type 1:
Yes

Facilities

Indoor Seating:
350
Outdoor Seating:
10
# of Parking Spots:
150
Inside Sq. Ft.:
call
Outside Sq. Ft.:
call

Highlights

  • PRICE JUST REDUCED !!
  • Rare Placer County Sports Bar & Restaurant Opportunity
  • Coveted Palcer County Liquor License Included in Purchase
  • Liquor License alone is worth $200,000.
  • Current Rent is less than $1.00 Sq. Ft.
  • 2006 Gross Revenue over $1,750,000
  • 2006 Adjusted Net over $190,000
  • Call for more information on building and business
  • Owner will sign new lease for qualified buyer

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 22,030 89,513
Households 3-mi. 5-mi
2010 Number Of Households 7,479 32,820
2010 Persons Per Household 2.86 2.63
Median House Value $600,100 $393,483
Income Per Household $127,736 $83,893
Businesses 3-mi. 5-mi
2009 Number Of Businesses 503 3,194
2012 Number Of Employees 7,040 84,180
2012 Total Annual Payroll $133,965,000 $2,208,914,000

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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