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#411
Chico Restaurants For Sale

FIRST CLASS FINE DINNING RESTAURANT IN FAST GROWING CITY

$79,000
FIRST CLASS FINE DINNING RESTAURANT IN FAST GROWING CITY
This Listing is Expired
This restaurant boasts 27 years of fine dining in one of the fastest growing communuties in California. This is a turn key restaurant with a type 47 liquor license waiting for your trademark and concept. Currently a fine dining Italian restaurant with mailing lists of loyal cliental as well as an extensive smallwares inventory, web site and about $10K in small business/accounting software. This restaurant has two beautiful dining rooms which can be closed off from one another for banquets, business meetings ect. Recently remodeled in Tuscan style decor (tastefully) it offers a very warm inviting atmosphere. This is a great opportunity to show off your culinary skills and capitolize on the banquet business in this booming community. This restaurant offers excellent curb appeal from a very busy street with a newly landscaped outside in recently redone parking lot.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Chico Restaurants For Sale
Lease Term:
3yr +2yr. options
Total Monthly Rent:
$2,380

Financials

Last Year's Annual Gross:
$250,000

Operations

Liquor License:
47
# of Full-Time Employees:
1
# of Part-Time Employees:
11
# of Family Employees:
2
Hours Open:
Lunch Tues-Fri 11:30-2:00
Dinner Tues-Sat 5:00p.m. until done
Closed on Sunday & Monday
Year Established:
1989

Facilities

Indoor Seating:
120
Inside Sq. Ft.:
2,800

Highlights

  • Turn-key restaurant with type 47 liquor license
  • Beautifully remodeled Tuscan style decor
  • "Benchmark" fine dining restaurant
  • Very high traffic area
  • Recently declared fastest growing town in U.S.
  • Excellent curb appeal
  • Catering inventory sit down 250+ buffet 400
  • Includes web site & mailing lists
  • Owner has taken on new adventure
  • Grease trap is out of code
  • Priced to Sell Quick

Financing

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

Demographics

Population 5-mi
2014 Total Population 33,842
Households 5-mi
2010 Number Of Households 12,498
2010 Persons Per Household 2.62
Median House Value $216,600
Income Per Household $44,017
Businesses 5-mi
2009 Number Of Businesses 1,027
2012 Number Of Employees 25,610
2012 Total Annual Payroll $415,863,000

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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