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#5424
Sacramento Restaurant For Sale

Quick Serve Poke Concept in Sacramento area

$79,000
Available

Look to the left - See the Link "Want Name/Address"?  Click and go see this business. 

Modern Well Designed Quick Serve Poke Concept in Sacramento Area.

This Poke Restaurant is in a busy retail center in an affluent neighborhood in Sacramento area.

This is a recently built Poke concept... perfect for the family or owner operator.

Modern and Eye catching with comfortable and cozy seating with counter order design. The counter design or the Poke restaurant is well designed and very appealing to customers.

Increase sales with exposure via social marketing and an online presence.

Includes everything Name, equipment, recipes ect...turnkey ready for a new Owner to step in without any down time...or convert to your concept.

The owner did a nice job with this space it wasn't cheap...Everything is like new and sellers have spent over over $100K on this Poke concept... Make this restaurant yours for a fraction of the cost spent on build out.

Many other restaurants in the center which makes for a visually appealing for customers looking for lunch or dinner.

Sales  $141,198 for 6.5 month in business 2nd half of 2018. Average monthly sales of $21,723 annualized, would be approx. $260,676 for 12 month period.

Cost of goods & Labor are both higher than average and is fairly typically for a new operation. With proper management of  prime costs, a prudent operator could manage a 5% or more reduction per line item. 

If you have experience and are looking for an opportunity to save the initial costs & time to build out a restaurant... this could be opportunity for you!

Tax returns not yet available....buyer to verify. 

Growing business has not done much advertising.

Lease $2,880 includes nnn for 1,200 sqft

Reason: Seller has other obligations to attend to.

Go see this restaurant by visiting SellingRestaurants.com and search for listing 5424.

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

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
Expires December 1st, 2022...plus 5 year Option
Total Monthly Rent:
$2,880
Security Deposit:
$2,100

Financials

Last Year's Food Cost %:
45
Last Year's Payroll Cost %:
42

Operations

# of Part-Time Employees:
11
# of Working Owners:
2
Hours Open:
11-9... 7 days
Year Established:
2018

Facilities

Indoor Seating:
49
Outdoor Seating:
8
Inside Sq. Ft.:
1200
Outside Sq. Ft.:
80

Highlights

  • Recently built out Poke restaurant
  • Perfect for owner operator or family.
  • Nice upscale retail center with ample traffic

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 42,727 87,436 199,010
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 17,974 33,216 67,975
2010 Persons Per Household 2.28 2.50 2.76
Median House Value $326,400 $277,805 $246,577
Income Per Household $68,461 $57,064 $50,055
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 449 953 2,353
2012 Number Of Employees 8,162 18,898 59,608
2012 Total Annual Payroll $119,078,000 $283,895,000 $1,260,232,000

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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