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#1870
Chico~Yuba City

Chico Restaurant For Lease

$50,000
Sold
Chico Restaurant For Lease
This Listing is Sold

Selling Restaurants is proud to present an excellent opportunity to own your own restaurant with very little out of pocket. Located on one of Chico's busiest streets with easy access to Hwy 99. This restaurant facility is over 3000 Sq Ft that seats approx 75-80 people. Current market rent is approx $1-$1.50 a sq ft. The landlord is very motivated and willing to start rent at $1200 a month base rent. The rent will increase by two hundred dollars every three months for the first two years. At the end of two years you will be at current fair market value. There is plenty of off-street parking and all the equipment is included in the lease. There is a Class I Hood, walk-in, tables, chairs and all the equipment to open. All you need is your business license and Health Permit. There is also an additional 2500 Sq Ft that you can serve food to without paying any rent. Call or email agent about the details. This truly is an amazing opportunity.

Please select one of the orange buttons below to find out more information.

This is a Plaza Realtors Listing.

This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Chico~Yuba City
Lease Term:
New Lease Great Terms
Total Monthly Rent:
$1,200
Security Deposit:
$2,500

Operations

Hours Open:
Recently Closed
Best use lunch & dinner
Hood System Type 1:
Yes

Facilities

Indoor Seating:
75
Inside Sq. Ft.:
3000

Highlights

  • Turn - Key Restaurant Facility
  • Only $1200 Base Rent to Start
  • Over 3000 Sq Ft
  • Seats 75-80 Patrons
  • Plenty of Off-Street Parking
  • Class I Hood w/wet Ansul Updates
  • Built in Clientele
  • Approx 2500 Sq Ft to serve for FREE
  • Recently Closed
  • Very High Traffic Location
  • Easy Freeway Access
  • No Additional Cost to Lease Equipment

Financing

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

Demographics

Population 5-mi
2014 Total Population 34,754
Households 5-mi
2010 Number Of Households 12,739
2010 Persons Per Household 2.48
Median House Value $280,100
Income Per Household $55,426
Businesses 5-mi
2009 Number Of Businesses 716
2012 Number Of Employees 12,924
2012 Total Annual Payroll $267,012,000

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Disclaimer

Notice: 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 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.

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