#667
Sacramento Restaurant For Sale
Sacramento Restaurant For Sale
Family Operated Northern Style Chinese Restaurant
$220,000
Gourmet Chinese restaurant located in end-cap �AAA� shopping center located in Rocklin, bordering Roseville. It�s been operating since 2003 with a solid customer base and history. The facility has 2,200sq/ft and seats up to 80 guests. The lease has 5 years remaining with two 5 years options. Base rent is only $2.259 per sq/ft plus a reasonable CAM charge for the area. This restaurant has a well maintained, full equipped kitchen. There is plenty of parking and conveniences street ingress and egress. Seller seeks experienced buyers to continue the success of the restaurant. In 2005, gross revenues were in excess of $600,000. If you don�t have the experiences but you want to get into the food & beverage business, the seller will train you. In fact, keep the staff and the restaurant practically runs itself. Please complete the online confidentiality agreement and you�ll be provided with the restaurant name and address. Also you will given priority notification to new listings in the future, prior to the general public, giving you the best chance to �scoop in� the best opportunities.
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This is a Stone Path Brokerage Services DBA: selling restaurants San DiegoRob Tade-Broker listing.
Broker of Record Rob Tade DRE License #01339409
Broker of Record Rob Tade DRE License #01339409
Lease
Region:
Sacramento Restaurant For Sale
Lease Term:
5yrs+Two 5yrs Options
Total Monthly Rent:
$4,970
Security Deposit:
$4,290
Financials
Last Year's Annual Gross:
$951,289
Last Year's Food Cost %:
37.2
Last Year's Payroll Cost %:
12
Last Year's Rent %:
14.7
Operations
Liquor License:
41
# of Full-Time Employees:
7
# of Family Employees:
1
Hours Open:
Mon to Thur 11am to 9:30pm
Fri to Sat 11am to 10pm
Sun 12pm to 9pm
Fri to Sat 11am to 10pm
Sun 12pm to 9pm
Year Established:
2003
Hood System Type 1:
Yes
Facilities
Indoor Seating:
76
# of Parking Spots:
100
Inside Sq. Ft.:
2,200
Highlights
- "AAA" Location Chinese Restaurant
- Located in the Heart of Rocklin.
- Surrounded by Residential and Business.
- 5 Minutes Away from Roseville Major Shopping Mall.
- 2200sq/ft Could Seats Up to 80 Guests.
- 5 Years Remain on lease plus 2 five year options.
- $2.259 Per Square foot Plus CAM Charge.
- Tax Returns Available for serious Buyers
- Below market rent.
- Seller will Train Inexperienced Buyers.
- Perfect Size For Family Operated Restaurant.
Financing
Will SBA Finance:
No
Will Seller Lend To Buyer:
No
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 24,236 | 60,261 | 171,471 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 9,086 | 20,901 | 61,360 |
| 2010 Persons Per Household | 2.54 | 2.71 | 2.66 |
| Median House Value | $295,300 | $324,073 | $350,443 |
| Income Per Household | $68,160 | $77,350 | $78,539 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 686 | 1,417 | 5,709 |
| 2012 Number Of Employees | 14,394 | 37,888 | 168,860 |
| 2012 Total Annual Payroll | $327,551,000 | $990,635,000 | $4,294,967,295 |
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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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