Selling Restaurants presents one of the best Grill sub sandwich franchises in the area and located in high traffic AAA retail center. This high visibility retail center is full of national and regional businesses, attracting all sort of hungry restaurant goers. There is a full hood system, cooking equipment, grease trap, walk-in cooler and small office. and kitchen for your needs. No Mexican or Chinese please. The restaurant has 1,305 sq/ft with rent of just $5,000 a month including CAM charge. Dining room is well maintained and seats 28 customer with 3 tables on the sidewalk seating another 12 customers. Remaining lease will expire on October 31, 2010, one 5 years renewal option. This restaurant perfect for a fast food concept or assume the franchise if you qualify for the franchisee. Seller has been operating two stores for years and needs to take a break from the business while her husband returns to his IT career. Seller will not provide any financial statements per se, this is an asset sales at this price. So if you need to ask for financials, this store isn't for you.
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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:
Expires on 10/31/2010
Total Monthly Rent:
$5,000
Operations
# of Part-Time Employees:
5
Hours Open:
Open 7 days
Lunch 11:30am to 2pm
Dining 6pm to 7:30pm
Highlights
- High traffic, high visibility retail center.
- Retail center is surrounded by residence and commercial.
- Lease will expire on 10-31-2010 with 5yrs option.
- Buyers could assume existing franchise business or convert to new concepts.
- Click any orange links to sign Confidentiality Agreement for obtain name and address now.
Financing
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.