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#3864
Sacramento Restaurant For Sale

Full Service Restaurant Asset sale in Folsom - Business not For Sale

$59,900
Full Service Restaurant Asset sale in Folsom - Business not For Sale
This Listing is Expired

SellingRestaurants has a beautiful mid size restaurant available in the heart of Folsom.

Folsom has a rich historical presence that adds to it's rich culture attracting visitors and locals alike.  This vibrant area is full of Recreation, Family and Business opportunites with major Bike trails leading down river all the way to Sacramento. Folsom lake is just few minutes drive from the historic Sutter street district  and is a great place to enjoy a day out or weekend fun! .

This restaurant has a Huge kitchen capable of handling  several hudred covers per day...and catering if you wish.

This space has a cozy and warm dining area upon entry and a large second dining area that could be used for parties, catering events, local business meetings or entertainment area. This restaurant is located on the second level with stairs and elevator access.

The kitchen is super well equipped...some equipment is included and some is landlord owned...either way its setup to poduce and make money!

Just some of the equipment available includes pizza oven, convection oven, 2-6 top burners, salamander, heat shelves, Wolf range grill, prep tables, walk-in, coolers and the list goes on and on...a list of equipment included will be provided.

This is an asset sale....but wow what a beautiful build out. Everything is here to start off right!

The current brand and recipes are not included, so this is the perfect place for a new or existing concept. This restaurant could be Indian, Asian or any ethnic food should do well here!

IF you have a menu and concept that is geared towrds famly and/or adult entertainment that would also do well here...think BBQ...Wings...Brews...Wine...Gastro bistro etc...Lively...Fun!!! Keep thinking or maybe you need a second location for an already proven concept.

A new owner could do well by obtaining a beer and wine license as this is area is an entertainment and visitor magnate. There is a Beer and wine license in place, but not included in the sale.

Rent: $5,369 for 2,950 sqf.. That's very reasonable at $1.40 sqf plus cams.

Another one of the many Key features is the Huge outdoor Patio with with great ambience and local views! 

Financials are not part of this sale and the sale price is set to reflect this..

Seller sites personal reasons for the sale.

This is a well priced asset sale, but the seller will look at all serious offers. Don't hesitate as this listing won't last long.

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

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
Expires March 2017 + 2 5 year options
Total Monthly Rent:
$5,369

Operations

Hours Open:
Lunch
Wednesday thru Saturday
11:00am to 2:00pm

Dinner
Now Open Thursday 6:00pm to 9:00pm
Friday & Saturday
6:00pm to 9:00 pm

Year Established:
2006
Hood System Type 1:
Yes

Facilities

Indoor Seating:
100
Outdoor Seating:
50
Inside Sq. Ft.:
2,950

Highlights

  • Huge Dining patio
  • Well Equipped Kitchen
  • Clean and ready
  • Great Price!

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 70,184 145,145
Households 3-mi. 5-mi
2010 Number Of Households 24,935 50,101
2010 Persons Per Household 2.62 2.70
Median House Value $385,500 $376,613
Income Per Household $98,547 $96,068
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,911 3,439
2012 Number Of Employees 61,904 91,934
2012 Total Annual Payroll $2,125,271,000 $2,869,832,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Robert Lee Tade. ("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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