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#3546
Sacramento Restaurant For Sale

This is ON the River, Not Beside the River - Bar, Entertainment, Type 47 Hard Liquor

$290,000
This is ON the River, Not Beside the River - Bar, Entertainment, Type 47 Hard Liquor
This Listing is Expired

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.

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:
Expires May 2022
Total Monthly Rent:
$8,300
Security Deposit:
$8,300

Financials

Last Year's Annual Gross:
$1,123,720
Last Year's Owner's Cash Flow:
$65,272
Last Year's Food Cost %:
26.8
Last Year's Payroll Cost %:
25
Last Year's Rent %:
8.1

Operations

Liquor License:
47
# of Full-Time Employees:
2
# of Part-Time Employees:
50
# of Family Employees:
1
Hours Open:
11.00am - 1.00am daily
Year Established:
1986
Hood System Type 1:
Yes

Facilities

Indoor Seating:
130
Outdoor Seating:
70
# of Parking Spots:
50+
Inside Sq. Ft.:
5,000
Outside Sq. Ft.:
1000

Highlights

  • Beautifully Appointed River front Restaurant
  • Unique in many ways
  • Type 47 Full Liquor License
  • Turn Key operation
  • Sales over $1 million
  • Seating for 130 indoor plus 70 Outdoors
  • Same ownership for 16 years
  • Profitable Every Year
  • Built in Stage for Live or DJ Music
  • Entertainment License
  • Would suit a budding Chef looking to make a name
  • Huge Growth potential

Financing

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

Demographics

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

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.

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