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#3113
Sacramento Restaurant For Sale

FREE! Restaurant for Lease in Commercial Area - Shorter Hours!

$50,000
Sold
FREE!  Restaurant for Lease in Commercial Area - Shorter Hours!
This Listing is Sold

We have a great opportunity for an experienced restaurant operator.
This restaurant is currently operating as a Deli and Catering business.

The current short term tenant is leaving this October.

"Please do not talk to current tenant or employee's"

This facility has plenty of space at 3,000 sq. ft., lots of seating, a salad buffet, a walk in cooler and more all included with the lease to use. There isn't a hood at this time, but perhaps one could be added at the tenant's expense.

This is an opportunity to expand your current business or start one ready to go.

You really don't need much, but your experience and working capital.
The current landlord is offering a percentage lease at 10% of gross sales for the first 6 months rent plus CAMs to get the new owner off to a good start.

The previous long term tenant's sales sales notes found by the landlord.
1999 $207,382.32
2000 $243,977.36
2001 $280,824.35
2002 $296,478.88
2003 $287,725.91
2004 $340,329.88
2005 $388,138.54
2006 $384,979.49
2007 No figures found/divorce?
2008 $321,699.92
These of course aren't verifiable, but something to note.

That tenant was deported due to personal circumstances.

This is your opportunity to get into a great space built to handle the hundreds of employee's nearby and make a good income.

The first months scheduled rent and deposit are due at signing.

Applicant will need to fill out a profile of experience, proof working capital and have good credit.

This is your chance to get a nearly turn key facility and use your working capital to advertise and build the business.

This one won't Last!

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

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
New 5 years
Total Monthly Rent:
$2,800
Security Deposit:
$3,250

Facilities

Inside Sq. Ft.:
3,063

Highlights

  • Large corporate bussiness all around
  • Ample parking
  • Good business hours
  • lots of potential
  • Catering

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 56,708 195,567
Households 3-mi. 5-mi
2010 Number Of Households 20,045 72,888
2010 Persons Per Household 2.63 2.51
Median House Value $213,100 $270,978
Income Per Household $54,915 $60,527
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,241 4,517
2012 Number Of Employees 70,332 160,964
2012 Total Annual Payroll $2,226,328,000 $4,284,927,000

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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