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#5605
Chico Restaurants For Sale

Breakfast and Lunch Asset Sale - Convert - Real Low Price

$37,500
Breakfast and Lunch Asset Sale - Convert - Real Low Price
This Listing is Expired

Breakfast and Lunch...in Chico, CA.

Asset sale with some new kitchen equipment.

This would be a great conversion to a Mexican, Mediterranean, Asian, American, Italian or your concept restaurant.

Busy area located minutes to Downtown ...Freestanding building with its own parking lot...

Type 41 Beer and Wine may be included.

Menu: Currently American Breakfast and Lunch style.

FF&E: Ansul Hood system along with range, fryer, reach-in cooler, steam tables, pots pans/utensils/ all other wares to run business,  Tables & Chairs and more!

Has an office for ownership or manager.

These are far and few between...Act Now!

Great Lease: 3,100 per month all in. approx. 2,700-3,000 sqft.

At this price buyer pays escrow fee.

No financials supplied for this sale as it is an asset sale and priced accordingly.

Reason for selling: Other interests

This is a Stone Path Brokerage Services Inc listing.
Restaurant Broker Scott Beaton DRE License #01853968

Lease

Region:
Chico Restaurants For Sale
Lease Term:
Expires Oct. 9, 2022 plus 5 year option
Total Monthly Rent:
$3,150
Security Deposit:
$3,150

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
2
# of Working Owners:
1

Facilities

Inside Sq. Ft.:
2,750
Outside Sq. Ft.:
200

Highlights

  • Very reasonable rent
  • Freestanding building
  • New Kitchen equipment
  • Convert to your concept
  • Mexican, American, Mediterranean, Asian...Your concept!

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 61,060 171,183 338,807
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 17,168 48,371 102,974
2010 Persons Per Household 3.35 3.33 3.08
Median House Value $154,100 $140,518 $180,451
Income Per Household $46,820 $39,613 $50,193
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 687 1,855 4,182
2012 Number Of Employees 25,646 65,026 134,394
2012 Total Annual Payroll $567,446,000 $1,522,334,000 $2,900,435,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, 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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