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#4121
Sacramento Restaurant For Sale

Long Standing Profitable Bar/Restaurant w/Full Liquor & Entertainment

$397,000
Sold
Long Standing Profitable Bar/Restaurant w/Full Liquor & Entertainment
This Listing is Sold

Established Profitable Bar with Full Kitchen and lots of History!

SBA Loan Possible for Solid Experienced Buyer with good Credit with 20% down.

This Bar and Restaurant is situated in Placer County in a rural area just minutes to I-80.

This Establishment is know for it's comfortable relaxed atmosphere and a variety of cleintle on various days of the week.

This is a Hot Spot for Libations, Music, Fun and Food! Lots of Goodwill and the sales reflect it.

Live Music Venue, DJ and Karoke, Pool Tables, Hoseshoes, Dance floor, Lighted Stage and Huge Outdoor Covered Patio

The Kitchen includes Large Hood Sytem, Grills, Walk in Coolers, Prep tables, Security Cameras, 3 station POS and much more.

Sales 2013 were right around $1.1 million.

2014 Adjusted net cash flow $196,578...Annualized from 7/20/214 to year end results.

Lease $6,695 at an estimated 6,500 sq. ft.

Great oportunity and Potential to make a good living for a good operator!

Reason to sell: Current owner is pursuing other business ventures to create more family time.

All Buyers will need to provide proof of ability to purchase (fill out a simple one page profile and/or bank statement) upon request for financials and further information.

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

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
Dec. 2015 plus 5 year option
Total Monthly Rent:
$6,695
Security Deposit:
$7,500

Financials

Last Year's Annual Gross:
$1,119,084
Last Year's Owner's Cash Flow:
$196,578
Last Year's Food Cost %:
28
Last Year's Payroll Cost %:
17/28
Last Year's Rent %:
7

Operations

Liquor License:
47
# of Full-Time Employees:
3
# of Part-Time Employees:
9
# of Family Employees:
1
Hours Open:
m-f 11a-2a sat./sun 10a-2a
Hood System Type 1:
Yes

Facilities

Indoor Seating:
150
Outdoor Seating:
50
# of Parking Spots:
30+
Inside Sq. Ft.:
6500
Outside Sq. Ft.:
900+

Highlights

  • Popular Entertainment Venue
  • Full Bar 47 License
  • Plenty of parking
  • Over 1 million in sales
  • Good Yelp revues
  • Huge Outdoor Patio area
  • Possible SBA loan w/20% down

Financing

Down Payment:
$79,400
Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 2,308 20,250 44,486
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 869 7,861 16,947
2010 Persons Per Household 2.71 2.68 2.60
Median House Value $420,100 $410,889 $348,917
Income Per Household $125,303 $80,146 $73,720
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 65 605 1,291
2012 Number Of Employees 524 8,592 22,986
2012 Total Annual Payroll $9,385,000 $187,844,000 $515,395,000

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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