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#4972
Sacramento Restaurant For Sale

Hot College Town Restaurant For sale

$275,000
Hot College Town Restaurant For sale
This Listing is Expired

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Traditional Japanese Restaurant Available for Sale in major University Town!

Nice retail center on High Walking Traffic Street in downtown. 

Business is operating and can be continued, 80% our customers are royalty. The revenue of 2016 was over $740.000. Or purchase as a restaurant ready space with assets and put your own concept in.

Location is within walking distance to campus, theater, transit center and park. Nearby  convenience Hway access for traffic on th way to Bay Area, Lake Tahoe and Reno. 

The population in 2014 was 66,743 plus more than 30,000 students, the median household income 61k(2013)

Decor is clean, traditional and simple...setup easy to work and clear up.

Kitchen and Equipment: FF&E all in Good shape, the cooler/freezer, sushi bar, ice machine, prep tables and more!

Lease: $4,947+ CAM for approx 1,839 sqft. the lease expires to Aug-30-2022.

New owner operator could enhance sales and profit by marketing reducing the high labor costs.

Looking for a qualify buyer...make your offer before its gone!

Reason for sale: Other Interest 

The Trade Name and Logo Not Included

Please visit our website to get the name and address of this store at www.sellingrestaurants.com

This is a Stone Path Brokerage Services Inc listing.
Restaurant Broker Scott Beaton DRE License #01853968

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
expired on 8-30-2022
Total Monthly Rent:
$4,947
Security Deposit:
$4,850

Financials

Last Year's Annual Gross:
$742,096
Last Year's Owner's Cash Flow:
$87,000
Last Year's Food Cost %:
25.9%
Last Year's Payroll Cost %:
34.7%
Last Year's Rent %:
13.%

Operations

Liquor License:
41
# of Full-Time Employees:
6
# of Part-Time Employees:
6
# of Family Employees:
1
# of Working Owners:
1
Hours Open:
Mo-Fr lunch 11:30am to 2pm
Mo-Th dinner 5:30pm to 9pm
Fr-Sa dinner 5:30pm to 10pm
Closed on Sunday
Year Established:
2001
Hood System Type 1:
Yes

Facilities

Indoor Seating:
80
Inside Sq. Ft.:
1,839

Highlights

  • Nice University Town
  • High Walking Traffic
  • Surrounded by Retail Stores
  • Near Major University Campus
  • Service 80 Customers
  • Nice and Clear Dining Area
  • Sushi Bar
  • Fully Equipped Kitchen
  • Reasonable Rent
  • Lease Expires 8-30-2022

Financing

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

Demographics

Population 5-mi
2014 Total Population 44,794
Households 5-mi
2010 Number Of Households 17,229
2010 Persons Per Household 2.43
Median House Value $538,200
Income Per Household $44,741
Businesses 5-mi
2009 Number Of Businesses 1,009
2012 Number Of Employees 20,756
2012 Total Annual Payroll $338,433,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, 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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