SellingRestaurants presents this unique, fast casual restaurant concept with a long history of profitable success, with consistent growth in sales. This franchise 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 franchisors are growing the business and selling their star baby location to fuel the growth. So don't miss it! The Landlord is also the creator of this Franchise concept and comprehensive training will be given to experienced/inexperienced, highly motivated individuals willing to work hard to expand this simple to operate business opportunity. Interested buyers should have some restaurant (not essential) or management experience, an entrepreneurial spirit and be passionate, fun, hard working and interact well with the general public.
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 40 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 5yr term + 2 further 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.
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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:
Expires January 2013 + 5 + 5 yr options
Total Monthly Rent:
$2,100
Financials
Last Year's Annual Gross:
$434,030
Last Year's Owner's Cash Flow:
$121,506
Last Year's Food Cost %:
36
Last Year's Payroll Cost %:
21
Operations
# of Part-Time Employees:
10
Hours Open:
Daily 11.00am - 9.00pm
Highlights
- Superb Opportunity to be the 1st of many Franchises
- 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 Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
20%
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
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.