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#443
Sacramento Restaurant For Sale

Well Known Asian Restaurant in Great Sacramento Area Could Convert to any New Concept!

$150,000
Well Known Asian Restaurant in Great Sacramento Area Could Convert to any New Concept!
This Listing is Expired
This great Asian restaurant has been operating over 30 years and has a tradition of followers. Monthly sales are currently in the $35,000 range. It is a 3,000 Sq. Ft. facility in a stand alone building with about 24 parking spaces and plenty of street and neighboring parking. The restaurant is well maintained and very clean. The business owner also owns the real estate and will provide the new owner with a 5+5 lease with a base rent of $3,700 + NNN. This restaurant is perfect for the family to operate. Recipes are included, however, only through the current cooks teaching the new owner. Name is also included in the sale.It could convert to any new concept.
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:
New Lease
Total Monthly Rent:
$3,700
Security Deposit:
$3,700

Operations

Hood System Type 1:
Yes

Facilities

Indoor Seating:
116
# of Parking Spots:
12
Inside Sq. Ft.:
3,000

Highlights

  • Great Traditional Chinese Food!
  • Stand Alone Building in Great Location
  • 3,000 Sq. Ft.
  • Base Rent $3,700.
  • 24 Parking Spaces Plus Neighboring Businesses to Park in
  • Long History of Strong Sales
  • Over 30 years in the same place
  • Building in Good Shape
  • Large Banquet Room
  • One Very High Traffic Street with Large Signage

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
50%

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 35,392 93,000 321,630
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 14,529 33,952 120,210
2010 Persons Per Household 2.30 2.56 2.52
Median House Value $244,500 $265,366 $236,294
Income Per Household $38,750 $50,779 $47,890
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 730 1,738 7,242
2012 Number Of Employees 19,206 54,858 234,924
2012 Total Annual Payroll $399,673,000 $1,332,149,000 $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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