Selling Restaurants presents this superb Franchise operation in the Sierra foothills offering the opportunity to own your own business, backed by a great Franchise concept. 1400 sq ft of new fittings and fixtures. Easy to operate and reinforced with corporate franchise marketing. Situated in the a beautiful Sierra Foothills community this attractive mall has a major anchor store right opposite and many other main stream stores as your neighbors.
Although "take out" is a popular part of this business, the space also accommodates 50 seats inside with the opportunity of a further 25 outside.
The base rent is only $4260 per month and the lease has 2 yrs to run with a further 5 yr options. The owner has Family Health concerns and says sell it now! At $49,000 that less than the cost of equipment alone!Would you like to own Two Franchises? The owner has a second Franchise in the same area for sale at the same price. Own Two Franchises for a fraction of the costs of one.
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This is a Stone Path Brokerage Services Inc listing.
Restaurant Broker Scott Beaton DRE License #01853968
Lease
Region:
Sacramento Restaurant For Sale
Lease Term:
Expires 2011 x 5 yr options
Total Monthly Rent:
$5,060
Financials
Last Year's Food Cost %:
60
Last Year's Payroll Cost %:
47
Operations
# of Part-Time Employees:
7
Hours Open:
Sunday - Thursday 11.00am - 8.00pm
Friday & Saturday 11.00am - 9.00pm
Highlights
- Great Quick Service Restaurant
- Beautifully appointed Restaurant
- Locatated on busy crossroads
- Easy Operation
- Fully fitted and Turn key
- Full Training given
- Modern preparation area viewed from the Dining Room
- Looks like new
- Location, Location and Location
- Heeps of Parking
- Landlord is willing to extend terms of Lease
- Priced extremly low, Great Great Value
Financing
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
25%
Demographics
Population |
3-mi. |
5-mi |
2014 Total Population |
56,708 |
195,567 |
Households |
3-mi. |
5-mi |
2010 Number Of Households |
20,045 |
72,888 |
2010 Persons Per Household |
2.63 |
2.51 |
Median House Value |
$213,100 |
$270,978 |
Income Per Household |
$54,915 |
$60,527 |
Businesses |
3-mi. |
5-mi |
2009 Number Of Businesses |
1,241 |
4,517 |
2012 Number Of Employees |
70,332 |
160,964 |
2012 Total Annual Payroll |
$2,226,328,000 |
$4,284,927,000 |
click for more demographic info
Disclaimer
DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, 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.