This establishment is in a Prime location, on Main Street Central! with...Many years of Goodwill.
The Opportunity consists of approx. 7,000 sqf of Prime Downtown Real Estate...Completely updated and remodeled with a Successful Concept in Place, Fantastic reviews and Huge potential for additional Growth!
(Property has new Electrical, flooring, kitchen and plumbing! new bathrooms ect......it's all new as of 2012)
Growth - This Area is poised to be the next "Chico" style downtown area with university crowds and professors... this is a UC, not a Cal. State! There is ongoing growth and potential for increasing student admissions and the staffing to facilitate the ongoing growth in the system. Own a Great Asset with a great connection to the local UC system.......It also includes a presence on campus!
This restaurant has multiple revenue streams and a great marketing strategy in place for continued growth…including Web site, Facebook, Professional Exterior signage and branding. Excellent Yelp reviews and Marketing in Place. If you see this place you will be impressed...!
Gross Sales in 2015 Over $1,000,000 + strong and growing!
47/58 - Full Liquor license,
Lease – Great starting base rent of .99 cents sqft., triple net lease. $6,930 for approx.. $7,000 sqft.
Trained staff to keep this business growing and flourishing!
Kitchen - This Huge kitchen has it all.... New York Style Pizza ovens, Grills, walk-ins, Huge cooking line, cold cases, decorations, sound, security, high end POS systems, Bakery Equipment, Large storage and Office areas…Great Parking and Walkable area! .... too many amenities to list and it's all new As of 2012!
Dining area is setup full service with counter service near front seating area....
Upside! There is a second large Banquet room which is well used as a banquet/party room. It could be converted to a Full Bar, Entertainment Venue…and there’s still room for another banquet room which is currently being considered for a private Barrel tasting room for special parties and events.
Owner Carry – Seller carry with around $200K down, adequate financials and experience!
* Buyer will need to be prepared to complete a buyer profile to get financial details.
Seller is willing to neg. /offer extended ongoing support and training if buyer is so inclined.
Additional Options: Seller will also consider selling the real estate. If you prefer to wait and want the option to purchase later, seller will provide a first right of refusal in the lease...please inquire if interested.
Food Truck can be negotiated into the sale if desired.
Reason for selling: Owner is ready for break after a long successful run.
Please go to SellingRestaurants.com to get the name and location.
Population | 5-mi |
---|---|
2014 Total Population | 33,562 |
Households | 5-mi |
2010 Number Of Households | 8,408 |
2010 Persons Per Household | 3.81 |
Median House Value | $101,400 |
Income Per Household | $33,046 |
Businesses | 5-mi |
2009 Number Of Businesses | 151 |
2012 Number Of Employees | 4,748 |
2012 Total Annual Payroll | $99,756,000 |
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.