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#4386
Sacramento Restaurant For Sale

Established Restaurant & BAR with fantastic rent and very Profitable!

$525,000
Sold
Established Restaurant & BAR with fantastic rent and very Profitable!
This Listing is Sold

To get name and address, please select the button to the left "Sign NDA." 

Solidly Profitable Restaurant & Bar in South Placer County!

In Business Over 14 years!

Success at this Restaurant and Bar is due to an Atmosphere of Great Service, Terrific, Great Food and a lively crowd plus live entertainment.   This Establishment shows up consistently on the Best-Of List for places to Eat, Relax and have Fun!

A solid menu and a rotating offering of special items keep customers coming back again and again to this unique and well-reviewed restaurant and bar.

Catering to a higher than average median incomes…this establishment is a favorite with the locals & tourists, drawing guests from a wide radius due to positive reviews & reputation! A solid following both locally and regionally!

Down to Earth, Eclectic and Artsy, Historically Rustic and yet Cozy & Comfortable…Decor, layout, and energy of this Restaurant and Bar for Sale are captivating and sure to make for a quick sale. Long Bar with interesting Bar Back, High Ceilings and Stage for Live Music and Dancing. 100 seats dining, 18 bar seats. 

Area: This is an area only about minutes away from Roseville in South Placer County. Great little city, ideally located in the beautiful Sierra Foothills where lifestyle, family, recreational opportunities take precedence in an area rich with history

Menu: American Bar & Grill Style-Serving Lunch & Dinner at Affordable Prices.

This Restaurant has Excellent Reviews and customers love the Menu, Craft Cocktails & Staff.

Kitchen has everything you need to serve the Popular Menu and catering too.

FF&E: Include 12’ Ansul Hood System, Reach in Coolers & Freezers, Prep tables, Char Broiler, 6 Burner Stove & Flat Grill w/ ovens, Keg Refrigerator W/ 21 tap Handles, POS, TV’s and more!

Large liquor inventory: Over 100 types of Whiskeys and large wine inventory.

Large Catering Equipment to handle Events & Parties of 250 guests.

Sales Keep Growing—2016 Monthly AVR. Sales $132,025 a month.

Sales Approaching $2M in 2016.

Lease: LOW Rent at $2,400… All In for approx.. 3,000 sqf.!

Website, Social media are all in place.

SBA should be available on this one!

Reason for selling: Other interests and adolescent now in the picture.

This is a private listing... to gain access to the name, address & addl. Information you must be qualified by the broker.  

Please visit our website at SellingRestaurants.com to get more information!

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

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
Expires Jan., 31st 2018 with 3 Five year options
Total Monthly Rent:
$2,400

Financials

Last Year's Annual Gross:
$1,779,666
Last Year's Owner's Cash Flow:
$332,023
Last Year's Food Cost %:
36
Last Year's Payroll Cost %:
25
Last Year's Rent %:
1.6

Operations

Liquor License:
47/58
# of Full-Time Employees:
4
# of Part-Time Employees:
20
# of Working Owners:
2
Year Established:
2003
Hood System Type 1:
Yes

Facilities

Indoor Seating:
120
Inside Sq. Ft.:
3,000

Highlights

  • 14 Years in Business
  • High cash flow
  • Great reviews
  • Rent covered in 1 Weekends sales... Low Rent~
  • Sales increasing year after year
  • Popular with customers with plenty of disposable income!
  • Upper Demo clientle

Financing

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

Demographics

Population 5-mi
2014 Total Population 26,701
Households 5-mi
2010 Number Of Households 11,435
2010 Persons Per Household 2.33
Median House Value $338,191
Income Per Household $57,607
Businesses 5-mi
2009 Number Of Businesses 1,162
2012 Number Of Employees 22,940
2012 Total Annual Payroll $380,667,000

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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