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#4928
Chico Restaurants For Sale

BBQ & Sushi QSR Style LOW RENT! Nearly New!

$79,900
BBQ & Sushi QSR Style LOW RENT! Nearly New!
This Listing is Expired

To Visit This Restaurant Please Select the Golden Button to the Left "Get Name/Address."

Owner/Operator…Newer Restaurant QSR setup to take to the next level!

Current Menu consists of Fresh Delicious Hawaiian influenced BBQ dishes, sides and Sushi with most dishes easily prepared for Smooth and Efficient kitchen operation!

Seller feels strongly an owner operator could improve sales and profitability. This is a well thought out and well designed restaurant with ease of operation in mind.Seller is mostly absentee.

Modern Dining area and adequate parking with walking distance public parking lot! This restaurant is on the same lot as a motel, but the location is forefront to the main thoroughfare.

This is a newer restaurant and concept…you can continue to use current concept or put your own concept in.  Located on the main road with a highly visible corner freestanding location

This Restaurant has Great reviews and customers love the menu. This concept could be expanded to additional locations.

Interior and Kitchen Are Super Clean and this is a turnkey restaurant.

FF&E: All in Good clean newer condition...Everything including floors, walk ins and bathrooms is nearly new and nicely done. Includes Ansul hood system, Walk ins, Prep tables, warmers, Flat Grill and Range,  3 station Micros POS, Drop Safe, Security system, Display Monitor on corner exterior of building visible to traffic passing by and more!

Lease: Incredible rent of $1,500… All In for approx. 2,200 sqf.!

2016 $267,414 with $22,2085 average sales per month .

Seller will carry a note for a qualified buyer or consider all cash offer!

Reason for selling: Seller has had health issues and does not work much in business.

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

Lease

Region:
Chico Restaurants For Sale
Lease Term:
Expires Janurary 1st, 2025 with Two - 5 year options
Total Monthly Rent:
$1,500
Security Deposit:
$3,000

Financials

Last Year's Annual Gross:
$267,414
Last Year's Owner's Cash Flow:
$21,787
Last Year's Food Cost %:
24
Last Year's Payroll Cost %:
38
Last Year's Rent %:
6

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
5
Hours Open:
7 days 10:30 to 8:30
Year Established:
2015
Hood System Type 1:
Yes

Facilities

Indoor Seating:
49
Inside Sq. Ft.:
2,200

Highlights

  • New equipment and FFE
  • Cheap Rent
  • Freestanding Corner Location
  • Perfect owner operator
  • Potential to expend concept.
  • Plenty of public parking just a short walk away!

Financing

Down Payment:
$39,950
Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 5-mi
2014 Total Population 32,539
Households 5-mi
2010 Number Of Households 11,029
2010 Persons Per Household 2.78
Median House Value $154,600
Income Per Household $40,260
Businesses 5-mi
2009 Number Of Businesses 509
2012 Number Of Employees 13,010
2012 Total Annual Payroll $222,652,000

click for more demographic info

Disclaimer

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.

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