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#1072
Sacramento Restaurant For Sale

Profitable Asian Restaurant Possible SBA Loan Available!

$250,000
Profitable Asian Restaurant Possible  SBA Loan Available!
This Listing is Expired
This is a rare find of an Asian restaurant with good tax returns, solid numbers and history, with the ability to get an SBA loan based upon the restaurant's tax returns with 20% down. This is priced to sell quickly. This beautiful full service Chinese Restaurant is located in high volume of traffic retail center in a building of its own and in one of Sacramento's newest neighborhoods. It has buffet service as well as separate sushi station and two other Private dining rooms for those private parties so in demand these days. Five years remaining on the the current lease plus two 5 year options, base rent is $12,131. The kitchen is state of the art and very spacious and has the look of brand new.

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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:
5 years remaining + two 5 year options
Total Monthly Rent:
$12,131

Financials

Last Year's Annual Gross:
$811,341
Last Year's Owner's Cash Flow:
$169,329
Last Year's Food Cost %:
261223

Operations

Liquor License:
41
# of Full-Time Employees:
10
# of Part-Time Employees:
4
# of Family Employees:
4
Hours Open:
11am-9:30pm
Year Established:
2003
Hood System Type 1:
Yes

Facilities

Indoor Seating:
196
Inside Sq. Ft.:
4,976

Highlights

  • MAJOR PRICE REDUCTION
  • IN THE MAJOR RETAIL CENTER WITH HIGH TRAFFIC
  • CLOSE TO FREEWAY
  • ESTABLISHED FULL SERVICE CHINESE RESTAURANT
  • ANNUAL GROSS WELL OVER $800,000 LAST 4 YEARS oN TAX RETURNS!
  • 4976 SQUARE FEET
  • SEATS 196 GUESTS INSIDE
  • TWO SEPERATE PRIVATE DINING ROOMS
  • SUSHI BAR
  • BEER & WINE LICENSE
  • LARGE STATE OF THE ART KITCHEN
  • MONTHLY GROSS $90,000

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 27,456 104,797 252,245
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 9,405 36,070 86,900
2010 Persons Per Household 2.75 2.75 2.74
Median House Value $204,900 $210,031 $203,633
Income Per Household $55,177 $64,148 $52,522
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 846 1,679 6,734
2012 Number Of Employees 36,864 62,200 231,986
2012 Total Annual Payroll $848,704,000 $1,675,530,000 $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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