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#4257
Sacramento Restaurant For Sale

Cafe Bistro With Real Estate Included For Sale

$189,000
Cafe Bistro With Real Estate Included For Sale
This Listing is Expired

Cafe/Bistro Opportunity available in Placer County.

Unique and Historic describes this Real Estate Opportunity. Buy the building and Own a piece of History..."Center Piece" of the charming town of Colfax, Ca.

This is a very nice area to raise a family with a great School system. A place where you can get away from the "rat race" while living and working there.....great owner operator opportunity.

Located on I-80 between Sacramento and Tahoe, you are above the fog and below the snow...this is a city motto. Your business can capitalize on the Ski traffic in the winter, Camping in the summer and Reno year round.

Highway signs-The former business had 3 highway ad signs...2 on I-80 and 1 on Hwy 174 to Grass Valley available for transfer to new owner.   These signs definitely brought traffic to the location from I-80.

The building was the former "Colfax Pharmacy", The location is directly across from Roy Tom's plaza where over 6 local & seasonal events take place. That presents several addl. revenue opportunities.

The original drug store facade still exists with cool Neon signage, original Greek inlay tile floors, residual soda fountain footings, where it is known that Eleanor Roosevelt took the train from Nevada City in 1936 to have a soda...12 foot high copper plate ceilings and brick walls.

Finally, a whole wall of unique historic shelving that would be a great spot for yogurt shop add in, soda fountain, wine retail. This offers several potential concepts with an interesting decor option to set your concept apart from the crowd!

This Unique space is mostly an original historic building with improvements made in 2009 to serve food as a cafe/bistro....there is not a hood system in place currently, but an owner could add one at additional expense.

The addition of a Hood System would add value to the property and open up potential to so many restaurant concepts. Kitchen could be moved to the rear of the space to allow for a separate bar or dining area....

So many concepts would work here including Cafe, Bistro, Yogurt, BBQ, Asian, American, Mexican, Wine bar, Sports Bar/Craft beer and more...your only limits are you budget and imagination. The space could also serve multi-use or retail.

The rear of the store could be converted to a studio apt. or main kitchen with appropriate permits for use.

Already upgraded :Two ADA bathrooms, 3 well sink, prep sink and hand washing sink. Additionally, Nearly new! plumbing and sewer lateral to city code, new Heat/AC, Electrical, water heater and middle room concrete floor as of 2009.

Beer and Wine exists. Potential to transfer, type 41.

Equipment: Convection oven, microwave, under counter fridge and freezer, coffee maker, foreman grill and shelving.

Zoned C-2

2,200 sq. ft. at $85.14 per sq. ft.

Occupancy: 84

Lease this location!......Seller will also consider a lease of the premises at $2,000 per month.

Seller financing:

There are a few options for qualified buyers. Seller willing to carry a note for 75K down with interest due in 36 months or with $165K down and no interest for 24 months.

Please go to www.sellingrestaurants.com to get the name and address of this property.

 

 

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

Lease

Region:
Sacramento Restaurant For Sale

Operations

Year Established:
1876

Facilities

Indoor Seating:
84
Lot Sq. Ft.:
2315

Highlights

  • Historic area of Colfax
  • Center Piece of town
  • Lifestyle location
  • Only $75K down for a qualified buyer
  • Lease this location!......Seller will also consider a lease of the premises at $2,000 per month.
  • 3 Highway signs avaialbe to bring I-80 traffic to this location.

Financing

Down Payment:
$75,000
Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 5-mi
2014 Total Population 6,322
Households 5-mi
2010 Number Of Households 3,835
2010 Persons Per Household 2.46
Median House Value $296,800
Income Per Household $60,025
Businesses 5-mi
2009 Number Of Businesses 144
2012 Number Of Employees 1,626
2012 Total Annual Payroll $21,064,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Robert Lee Tade. ("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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