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#1310
Sacramento Restaurant For Sale

Breakfast/Lunch and Catering Facility in Large Office Complex

$89,000
Breakfast/Lunch and Catering Facility in Large Office Complex
This Listing is Expired
Selling Restaurants presents this rare opportunity to own a restaurant in a large office complex with hundreds of employees just a couple hundred feet away and thousands within a couple blocks. This facility is perfectly situated to become a great breakfast/Lunch location for not only local office folks, but also for the neighborhood of commercial and residential patrons. This broker thinks this facility screams-out breakfast/Lunch! But if you're not into breakfast/lunch restaurants, then this location is the perfect deli and catering facility you've been looking for and at the right price. There is a hood system along with plenty of equipment including a walkin cooler and walkin freezer, ovens, stove, slicer, 4 door prep-table and much, much more. You can keep the restaurant the current size of 4,379 Sq. Ft. or reduce it to about 2,500 Sq. Ft. or less. The landlord is providing tenant improvement credits that amounts to $50K or more depending on final size and strength of the buyer making this a screaming deal for any experience restaurateur. Make an offer! But don't miss this opportunity.

The rent will be $1.70 Sq. Ft. well below market with annual increases of only $.05 per sq. ft. and some of the utility costs will be included too! It rare gets this good. The office center is in disparate need of an operator who will service their needs because the current owner started out 20 years ago as a small operation and has grown his business to $6 million a year doing catering.

Please select one of the orange buttons below for more information including the address. This is not a business for sale. The financials shown are the numbers the current owner provided as a conservative estimate one can expect from just the local office business. Any buyer should make his/her own decisions how this business could perform.
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:
Call Broker

Financials

Last Year's Annual Gross:
$450,000

Operations

Hours Open:
M-F 7:30-2pm
Year Established:
1989
Hood System Type 1:
Yes

Facilities

Indoor Seating:
185
Outdoor Seating:
28
# of Parking Spots:
1000
Inside Sq. Ft.:
2500-4379
Outside Sq. Ft.:
800

Highlights

  • Perfect Breakfast Lunch Location Situated in Large Office Complex
  • Surrounded by commercial and residential with lots of growth in the area.
  • This is also a great deli opportunity and catering facility.
  • Restaurant can be downsized from 4,379 to 2,500 or less.
  • Landlord to provide tenant improve credits of $50k or more depending on size of facility and experience and qualifications of tenant.
  • Experienced restaurant owners with good credit and plenty of capital should apply
  • This is not a business for sale; rather it is a rare office facility with existing customer base for sale.
  • Rent will be $1.70 Sq. Ft. and includes some untility costs.
  • Outside seating for 28+
  • 7 year lease plus option available.

Financing

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

Demographics

Population 5-mi
2014 Total Population 0
Households 5-mi
2010 Number Of Households 0
2010 Persons Per Household
Median House Value $0
Income Per Household $0
Businesses 5-mi
2009 Number Of Businesses 0
2012 Number Of Employees 0
2012 Total Annual Payroll $0

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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