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#3530
Sacramento Restaurant For Sale

Large First Class Drive-Thru Mexican Restaurant, Rancho Cordova - now only $59,000

$59,000
Large First Class Drive-Thru Mexican Restaurant, Rancho Cordova - now only $59,000
This Listing is Expired

This is a large Turn Key Mexican restaurant in good condition, in a Mall where the Landlord is spending $ Tens of Thousands on upgrades, with a Drive Thru and this could be your opportunity to own and operate this great Restaurant opportunity in Rancho Cordova, California. This Mall will be so nice in just WEEKS!

Established in 1992 and situated in a free standing building with nearly 3000 sq ft, on a major main hwy in a AAA Location. The interior is turn key. Take a look at the photos and you'll see just how nice it is. The large fully equipped Kitchen has two full extraction Hoods, Walk-in cold rooms, prep areas and ample storage. The dining area is immaculate. All tables, chairs, counter tops and restrooms are faultless. This opportunity is really Turn Key!

PLUS A DRIVE - THRU..........WOW!


LOCATION, LOCATION, LOCATION: Situated on a major main Hwy amongst many other restaurants and businesses, all within walking distance. This Mexican restaurant is highly visible from the road with large signage and ample parking.

There is even a DRIVE THRU!!!! What an advantage over your competition.

LEASE TERMS: The Lease terms make this restaurant an attractive operation too. Monthly rent is $5,750 plus $600 CAM's, for 2880 sq ft of total usable indoor square footage plus additional patio outdoors. There is 1 year remaining with a 5 year option.The lease could always be extended to a longer term.

This restaurant’s incredible lease, condition of the equipment and high visibility make it a huge opportunity for a family to work together and enjoy the cash-flow to be made here.

HISTORY: Buy the existing Mexican Restaurants 20 year reputation, concept, lease terms, furniture, fixtures, equipment, and Beer and Wine License and take advantage of the fantastic quick serve restaurant location.

The Seller has stated that the business is strong. So now is the time to take the Leap into Business Ownership and enjoy the freedom of working for yourself.

HOUR OF OPERATION: Presently the Restaurant is open for 6.00am to 9.00pm daily.

REASON FOR SELLING: The Seller has too many outside business interests and admits being totally absentee and wishes to concentrate on his other businesses.

The Price reflects a totally Turn Key business opportunity which will sell fast. The price is perfect for a quick sale!

This is a Paramount Restaurant Brokers, Inc., Listing.  A California Corporation

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 February 2013 + 5 year option
Total Monthly Rent:
$6,350
Security Deposit:
$3,300

Operations

Liquor License:
41
# of Part-Time Employees:
7
Hours Open:
6.00am - 9.00pm Daily
Year Established:
1992
Hood System Type 1:
Yes

Facilities

Indoor Seating:
80
Outdoor Seating:
20
# of Parking Spots:
100+
Inside Sq. Ft.:
2,880
Outside Sq. Ft.:
200

Highlights

  • Well Established Mexican Restaurant
  • Great Location on Busy Main Hwy
  • large Kitchen and prep area
  • Light, Bright and well appointed
  • Advantage of a working Drive-Thru
  • Landlord is redeveloping the Centre
  • Same ownership for 6 years
  • Absolutely Turn Key
  • Superb Neighborhood
  • Ready for motivated Owner to increase business
  • Entrepreneurs, you
  • Huge Growth potential

Financing

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

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

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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