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#4908
Sacramento Restaurant For Sale

Profitable Breakfast & Lunch Restaurant - SBA Loan Available

$279,000
Available

To Visit This Restaurant Please Select the Golden Button to the Left "Get Name/Address."‚Äč

Profitable Owner Operator 7 Day Breakfast and Lunch Business Opportunity!

They don't come along like this very often.

Great location with Loyal Customer Following.

Are you looking for an income where you don't have to be the Chef?

Are you looking for a business with a long track record of success, profitability and growth?

Great income for an owner-operator!

Seller works  6-8 hours on Saturday and about 4 hours Sunday seating customers and managing the register. 

Highlights include:

  • Well trained seasoned staff and good working hours.
  • Profitable-Make money the first day… everything is in place.
  • Well established...Opened in 1990, busy breakfast & lunch.
  • Excellent reviews!
  • Type 41 Beer and Wine included.

Dining areas are very comfortable in a Cozy Country style atmosphere.

Large distinct Dining areas with three rooms...yet all cohesive and contiguous...seats 133.

The is breakfast & lunch, but you could also be open for dinner....but you don't have to.

Kitchen has a Large line with 2 hood systems at 16 ft.,  Brand new 6 burner stove with oven,5 server paging system, ample storage, nice size office, walk in and much more.

Great Lease $3,661 per month all in for approx. 2,800sqf.

Seller will work with buyer to ensure a smooth transition.

SBA Loan most likely Available to a Qualified Buyer.

Reason for selling: Retiring from the business to spend time with family.

Please go to www.sellingrestaurants.com to get the name and address. 

This is a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Scott Beaton DRE License #01853968

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
Expires 12/31/2017 + Two 5 year options
Total Monthly Rent:
$3,661

Financials

Last Year's Annual Gross:
$691,887
Last Year's Owner's Cash Flow:
$122,775
Last Year's Food Cost %:
27
Last Year's Payroll Cost %:
25.7
Last Year's Rent %:
6.2

Operations

Liquor License:
41
# of Full-Time Employees:
4
# of Part-Time Employees:
6
# of Working Owners:
1
Hours Open:
M-F 7-2
Sat/Sun 7-3
Year Established:
1990
Hood System Type 1:
Yes

Facilities

Indoor Seating:
133
Inside Sq. Ft.:
approx. 3,000

Highlights

  • Many years in same Location
  • Great Rent!
  • Breakfast & Lunch 7 days
  • Clean & Cozy
  • Family Friendly Restaurant
  • Seasoned Staff
  • Great Reviews on Yelp, Trip Advisor....

Financing

Will SBA Finance:
Yes
Est. Monthly SBA Loan Payment:
$2,688
Est. Annual Interest Rate:
6.75%
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 43,625 74,781 181,061
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 15,856 27,560 65,696
2010 Persons Per Household 2.58 2.55 2.60
Median House Value $260,700 $291,107 $281,760
Income Per Household $60,513 $64,416 $64,992
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,719 3,329 5,663
2012 Number Of Employees 60,662 116,926 176,944
2012 Total Annual Payroll $1,539,119,000 $3,146,394,000 $4,294,967,295

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("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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