This is truly a unique business opportunity. This breakfast and lunch only business is open from 7:00-2:30 Monday- Friday. It services primarily the office complex it is located in as well as the adjoining and nearby offices. The business was established in 2003, but has been absentee run and the owner admits there has been no marketing or advertising done in almost two years. Pair that with the lost revenue of catering and office parties and this makes for a business with great potential. The owner of the office complex has installed a 1st class kitchen any restaurateur would be proud of. Rent is only $1,688 with no CAM, NNN, or any utilities! You only pay your phone bill. The kitchen and buffet area alone are 2125 sq ft plus a main dining area, 1100 sq ft private meeting room, and outdoor seating all totaling over 300 people all included in the rent. The lease has a little less than a year remaining plus a 5 year option. Buy this place, be an owner operator and save over $21,000 a year on management expenses, market and advertise. Take the next step and go to sellingrestaurants and select one of the bright orange buttons below the listing. Then select the "New registration" Button. When you register, you get the name and address right on-line - no paper or faxes - you'll also get priority notification of our new listings in the future, prior to the general public, giving you the best chance to �scoop in� the best opportunities. There are also more photos available to our registered buyers.
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:
8 months + 5 yr option
Total Monthly Rent:
$1,688
Operations
# of Full-Time Employees:
3
Hours Open:
Monday-Friday 7:00-2:30
Highlights
- This is truly a unique business opportunity.
- A restaurant with bankers hours
- kick out that manager and kick up the bottom line
- Save at least $21,000 a year as an owner operator
- 1st class kitchen
- low food and labor cost operation
- loyal and captive customer base
- Rent is only $1,688 with no CAM, NNN, or any utilities!
- Great potential for growth.
Financing
Will Seller Lend To Buyer:
No
Demographics
Population |
1-mi. |
3-mi. |
5-mi |
2014 Total Population |
23,545 |
130,525 |
321,291 |
Households |
1-mi. |
3-mi. |
5-mi |
2010 Number Of Households |
9,452 |
54,021 |
129,925 |
2010 Persons Per Household |
2.37 |
2.27 |
2.34 |
Median House Value |
$437,900 |
$258,393 |
$262,301 |
Income Per Household |
$79,778 |
$49,704 |
$49,727 |
Businesses |
1-mi. |
3-mi. |
5-mi |
2009 Number Of Businesses |
410 |
3,662 |
8,252 |
2012 Number Of Employees |
6,570 |
106,562 |
280,558 |
2012 Total Annual Payroll |
$157,662,000 |
$2,468,750,000 |
$4,294,967,295 |
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.