Are you looking for a restaurant where you can take long winters off to live in paradises like Scottsdale, AZ? Are you looking for a restaurant with a hard liquor license that makes money despite the bad economy and will only make more money when new blood revitalizes this business? If you answered yes, then you must look at this business.
We present this beautiful restaurant with great views in Sacramento that is basically absentee operated with a full management staff in place for you to take over. This restaurant is situated in a busy Restaurant row area overlooking a River. The opportunity to run and grow this successful business is all yours as the economy returns. This business already makes money and will do nothing but make more as the economy grows in strength and a new owner brings some welcoming fresh ideas to this wonderful venue.
This restaurant is unique, not only for Sacramento, but also California! You must see it to believe how unique it is. Only open from February to October this restaurant has a long history of success as one of the best hang-out locations in Sacramento. And if you want to really work harder and make more money, then remain open those three month's and you could make a huge difference to the business.
Revenues have basically flattened-out of the past three years at the $1.2 to $1.3 range.
Live music, and a fun atmosphere are all part of this casual, exciting place. Seating 70 inside the restaurant with an additional private inside/outside area seating 60 and a long inside main bar seating 20 with a large outdoor patio area seating 70, you can seat a total of 230 guests. A full fitted Kitchen allows for any menu to be implemented with huge basement storage area with refrigeration, heating etc.
This kind of restaurant, in such great condition is a rare opportunity. Sacramento town is bustling with restaurants, but river access is restricted to nearly all but this one, making this grandfathered restaurant a real find for one with great vision.
Open 7 days a week, this restaurant requires minimal owner participation as the management and staff have been there for many many years. This River restaurant features a (Type 47) fully license and a rare Entertainment license (which a new buyer must qualify for). Glass doors open out onto the river patio and extra outdoor dining. In over 6,000 sq ft of fun atmosphere.
The lease has 10 years remaining and is extremely competitive at only $1.40 per sq ft. for the area!
You want the name and address? Then click the red button to the left titled "Want Name and Address."
This is a Paramount Restaurant Brokers, Inc. Listing.
Population | 1-mi. | 3-mi. | 5-mi |
---|---|---|---|
2014 Total Population | 39,149 | 95,943 | 274,263 |
Households | 1-mi. | 3-mi. | 5-mi |
2010 Number Of Households | 14,012 | 37,586 | 100,567 |
2010 Persons Per Household | 2.66 | 2.43 | 2.56 |
Median House Value | $170,700 | $211,730 | $244,348 |
Income Per Household | $56,280 | $48,490 | $52,707 |
Businesses | 1-mi. | 3-mi. | 5-mi |
2009 Number Of Businesses | 574 | 3,918 | 7,890 |
2012 Number Of Employees | 21,158 | 132,156 | 263,308 |
2012 Total Annual Payroll | $771,755,000 | $3,587,391,000 | $4,294,967,295 |
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