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#5276
Stockton Merced Modesto
Sacramento Restaurant For Sale

Turn-Key Restaurant & Bar - Full Liquor Available

$32,500
Available

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Opportunity to purchase a Large Restaurant Asset Sale with Bar with a long history and goodwill as a bar & restaurant!

Large multi level dining areas and bar...this place is really unique with so much potential.

Your really need to visit this place as a customer to see all it has to offer.

This is an asset sale, so you are not purchasing the name or recipes... 

You are purchasing the furniture , fixtures and equipment and getting the lease for an opportunity to bring in your Concept... Asian, BBQ/Steakhouse, Italian, American, Tap house & Craft beer concept. You bring the experience, vision & energy to this place and make it really something unique.

Located in the central Valley in a Historic town that has become the next Napa area with Wine production and events that bring loads of visitors to this area.

Friendly, Walkable and family oriented area with nice homes and water features in the immediate area.

Menu: The current menu is Mexican fare.

Kitchen:  Comes with a 2 Ansul hood systems & equipped with all the necessary equipment to serve breakfast, lunch and dinner of your concept.

Lease:  The rent is reasonable...$5,500 NNN per month...approx. over 4,000 sq. ft.

Highlights and Upside:

  • Golf course nearby
  • Large Catering & Events room with bar
  • Corner Freestanding Building
  • Lots of Parking
  • Could be most any concept
  • Type 47 Full Liquor license available through landlord(to be negotiated).

Sales averaged between  $43K to $55K per month over the past couple of years.  

This is an asset sale.  Financials are not be a condition of your purchase. 

Make an offer...Owner willing to look at reasonable offers!

Reason for selling: The current owner has been at it for over two decades and is ready to size down to a smaller space and semi-retire.

This is a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Scott Beaton DRE License #01853968

Lease

Region:
Stockton Merced Modesto
Sacramento Restaurant For Sale
Lease Term:
Expires April 10th, 2020 with 5 year option
Total Monthly Rent:
$5,500

Financials

Last Year's Annual Gross:
$573,974

Operations

Liquor License:
47 (negotiated with Landlord)
# of Full-Time Employees:
1
# of Part-Time Employees:
9
# of Family Employees:
2
# of Working Owners:
2
Hours Open:
11-10 Mon-Thurs.
11-11 Friday
12-10 Sat.
12-9 Sunday
Year Established:
1992
Hood System Type 1:
Yes

Facilities

Indoor Seating:
184
Outdoor Seating:
40
Inside Sq. Ft.:
4,000+
Outside Sq. Ft.:
600+

Highlights

  • Asset Sale suitable for many concepts
  • Corner lot
  • Freestanding building
  • Large catering and event room
  • Large Bar and Restaurant with lots of potential
  • Type 47 license to be negotiated with the landlord.
  • Make an offer...Owner willing to look at reasonable offers!

Financing

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

Demographics

Population 5-mi
2014 Total Population 3,971
Households 5-mi
2010 Number Of Households 1,455
2010 Persons Per Household 2.75
Median House Value $265,400
Income Per Household $67,386
Businesses 5-mi
2009 Number Of Businesses 55
2012 Number Of Employees 892
2012 Total Annual Payroll $14,285,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, 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.

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