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#4153
Sacramento Restaurant For Sale

Popular Restaurant and Bar W/Hard Liquor + Large Patio - Upscale Area

$315,000
Sold
Popular Restaurant and Bar W/Hard Liquor + Large Patio - Upscale Area
This Listing is Sold

Very Popular & Profitable Restaurant and Bar in El Dorado County. An experienced operator will be able to see the value in this well setup operation.

Great Demographics in a highly desirable area of El Dorado County, just minutes to Folsom, Ca.

The Locals make this a regular stop for Food, Entertainment and Socializing. An all ages customer base in an affluent area.

Expansive Patio shaded for Summer menu's and cold beverages...customers love this feature!! 

Two Dining areas and two separate Bar where customers feel relaxed and comfortable. 15 Tv's, Pool Tables, POS systems and plenty of room to accommodate small and large groups with ease. Established as one of the Best Restaurants in El Dorado County.

Current Menu is breakfast, Lunch and Dinner with a wide selection of Salads, Sandwiches, Burgers, Steaks and Appetizers.

A good variety of entertainment in place featuring Live bands mixed with some DJs...with something for everyone.

Fully Equipped Kitchen with Pizza Oven. 2 walk ins, Freezers, Grill, Oven, Fryers, liquor rooms, Beer coolers, Wine chillers, Freezers and much more. Can handle most any menu and large volume.

Lease: Approx. 5,920 sqf  at $7,868 base rent, plus cam of $1,689. Total rent $9,557 That's a reasonable $1.61 psqf.

Sales  2013    $1,149,211 ....averaging $95,768 per month.

Sales 2014     $1,264,418

Seller will carry $150K-$175,000 down ....with a qualified Buyer.

Reason for selling: Moving .

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

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
Expires April 30, 2020 + 2-- 5 year options
Total Monthly Rent:
$9,557
Security Deposit:
$9,857

Financials

Last Year's Annual Gross:
$1,149,211
Last Year's Owner's Cash Flow:
$99,311
Last Year's Food Cost %:
28
Last Year's Payroll Cost %:
22
Last Year's Rent %:
10

Operations

Liquor License:
47
# of Full-Time Employees:
15
# of Part-Time Employees:
10
Hours Open:
7 days 11-2am
Year Established:
2010
Hood System Type 1:
Yes

Facilities

Indoor Seating:
148
Outdoor Seating:
100
# of Parking Spots:
100
Inside Sq. Ft.:
5920
Outside Sq. Ft.:
approx.1500

Highlights

  • Great Corner Visibility on Major Road
  • Popular Restaurant and Bar
  • Super Outdoor Dining Deck!
  • Turn Key
  • Full Liqour 47 License

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 42,649 112,833
Households 3-mi. 5-mi
2010 Number Of Households 13,242 38,177
2010 Persons Per Household 2.93 2.73
Median House Value $472,900 $415,815
Income Per Household $119,382 $105,774
Businesses 3-mi. 5-mi
2009 Number Of Businesses 992 2,903
2012 Number Of Employees 22,084 83,988
2012 Total Annual Payroll $617,230,000 $2,742,501,000

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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