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#4138
Sacramento Restaurant For Sale

Prime & Profitable Placer Cnty Sports Bar with Type 47 For Sale

$149,000
Sold
Prime & Profitable Placer Cnty Sports Bar with Type 47 For Sale
This Listing is Sold

Rare South Placer County Sports Bar and Club with Type 47

This Absentee Operated Sports Bar and Club has been in the area for years...and its ready for a new owner who's qualified to own and operate a rare sports bar and club in the South Placer County area.  Make it an Irish Pub, Mexican Cantina, Night Club or simply a neighborhood Sports Bar.

A few tweaks and revitalized marketing plan and you’re on your way to owning a solid business prospect!

This Sports Bar has plenty of entertainment in place such as Pool, darts, and of course Sports TV package.

Area:  South Placer County…Suburban, with plenty of good urban demo’s nearby with high income earners. Friendly and family oriented community.

Menu: The current menu consists of traditional Pub fare…the kitchen can support nearly any type of menu you desire!

Kitchen:  Comes with a Hood system, Grill, Fryer, Coolers, Prep Table & more. Equipped with all the necessary equipment to serve breakfast, lunch and dinner.

Lease: 3,175sqf.  The rent is only $4,435 all in and landlord will execute a new lease with a qualified buyer. Good landlord's currently taking care of ceilings, exterior deck and parking lot.

Highlights and Upside:

  • 47 Full Liquor license & 58 Catering.
  • Great signage…Corner location on Busy road.
  • Good parking.
  • Catering (Not currently catering).
  • Great potential for an Owner Operator to increase Sales and Profits!
  • Take the Kitchen and Menu to a new level!
  • Get a website too!  Increase marketing and get live entertainment going on the venue again and you’ll be bring in the dollars.
  • This location has been known to do well over a million in sales.

    Sales 2013…. $421,618

 

Reason for selling: The current owners do not work this business full time and have full time occupations that require their attention.

* Must show proof of ability to purchase for detailed information on this business.

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

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
Expires Dec. 31st, 2014 + 2 year option
Total Monthly Rent:
$4,435
Security Deposit:
$5,000

Financials

Last Year's Annual Gross:
$421,618
Last Year's Owner's Cash Flow:
$44,958
Last Year's Food Cost %:
25
Last Year's Payroll Cost %:
10
Last Year's Rent %:
11.7

Operations

Liquor License:
47/58
# of Part-Time Employees:
6
Hours Open:
W-S 10:30-2am, S-M-T 10:30-12am
Year Established:
2009
Hood System Type 1:
Yes

Facilities

Indoor Seating:
140
Outdoor Seating:
10
# of Parking Spots:
30+
Inside Sq. Ft.:
3,175
Outside Sq. Ft.:
approx. 250

Highlights

  • Corner of busy road
  • Freestanding building
  • 47 Full Liquor & 58 Catering
  • Great Owner Operator Opportunity
  • High Income Demographics

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

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

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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