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#4122
Sacramento Restaurant For Sale
Chico~Yuba City

Upscale Full Service Restaurant and Bar w/Full Liquor License For Sale

$39,900
Sold
Upscale Full Service Restaurant and Bar w/Full Liquor License For Sale
This Listing is Sold

Super low asset sale price

Newer Restaurant/Bar concept in previously established restaurant space, situated in Sutter County with Great Reviews and beautiful Full Bar with hard liquor!!

Continue towards success with current concept or bring  your own Concept.

This restaurant has lots of potential and would do well for an Owner Operator with Food and beverage background or if you are that Chef who wants his own show, then this could be it! And you're getting this first class restaurant at a very low price!

Dining Room has Comfortable furnishings in an upscale atmosphere and could be adapted to any concept. There is a separate Bar area with seating and a hood system inside the central bar service area. This is not in use, but would be a great Tapas display cooking area to entertain customers.

The area is one of the nicest residential areas in the community located on a corner lot  in a small retail development. This restaurant has superb street appeal in a tree lined neighborhood of nice homes.

  • 47 License is included!
  • Large Patio Popular for Special Events (Banquets, Birthdays, Weddings, Anniversaries and meetings) A real money maker for private events!
  • Turn Key
  • 45 spaces parking lot
  • Seats 75 people inside and 150 outside.

Current Menu: Fresh and changing menu with focus on Spanish, Basque, Appetizers,  Salads and Drinks.

Kitchen:  Kitchen with Ranges, walk in fridge and freezer, 2 Hoods, Dual stack convection, Tandor oven and much more.

Lease: Great Rent @ $5,000 for estimated 7,500 sqf.  Interior - plus 2 Large Patio’s

Sales: 2014 first quarter averaged $30K per month with plenty of room to grow.

Potential....This restaurant has only been open for 6 months and the owner has not advertised this restaurant.

Reason for selling: The Seller has several businesses that are not restaurant related and elevated this former restaurant to a whole new level..... for one lucky new owner to take over and thrive.

For more detailed information buyer will need to show proof of ability to purchase.

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

Lease

Region:
Sacramento Restaurant For Sale
Chico~Yuba City
Lease Term:
Expires June 30th, 2015 + 2 five year options
Total Monthly Rent:
$5,000
Security Deposit:
$4,000

Operations

Liquor License:
47
# of Full-Time Employees:
7
# of Part-Time Employees:
7
Hours Open:
Tues.-Sun. 4-10pm

Sat/Sun. Brunch
Year Established:
2013
Hood System Type 1:
Yes

Facilities

Indoor Seating:
75
Outdoor Seating:
150
# of Parking Spots:
45
Inside Sq. Ft.:
7500

Highlights

  • Large rear patio with evap cooling
  • Front cocktail patio
  • Super potential
  • 47 license
  • Separate Bar and seating
  • Excellent Potential!
  • Corner lot Freestanding building

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 3-mi. 5-mi
2014 Total Population 37,203 37,619
Households 3-mi. 5-mi
2010 Number Of Households 11,734 12,028
2010 Persons Per Household 3.05 3.04
Median House Value $230,300 $230,251
Income Per Household $64,011 $63,837
Businesses 3-mi. 5-mi
2009 Number Of Businesses 559 569
2012 Number Of Employees 14,524 14,696
2012 Total Annual Payroll $250,434,000 $254,732,000

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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