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#5125
Chico~Yuba City

Mid-Town Sports Bar And Restaurant Hard Liquor

$179,000
Sold
Mid-Town Sports Bar And Restaurant Hard Liquor
This Listing is Sold

Go visit this Great Sports Bar by Selecting the Link to the Left "Sign NDA."

Sports Bar & Restaurant in Butte County.

This well-established Sports Bar & Restaurant is located in on the busy street in a good area of Midtown.

Beautiful Northern California city where you can continue current concept or bring your concept into play!  This place has everything you need with a large commercial kitchen, Beautiful upscale Wood Bar and Large Dining Room. There is a separate private Dining Area for meetings and small parties and events.

Do you have a great concept, but the space is too small or lacks amenities...check this place out...it may have everything you need for a new or second location!

Potential:  This sports bar is convertible to an upscale Gastro Brew Pub with your own small Brewery...infrastructure & room is im place...do your own due diligence...but we think you just add the equipment!

Kitchen: Fully Equipped Kitchen with 10 Burner Stove, Flat Grill, Char Grill, Hobart, Ice Machine, Fryers, Reach in Freezer, 2 Walk in Coolers - one for Food & one for Beer Kegs, projector & flat TV’s, 2 station POS...and more!

Lease: $5,782/month 4,748 sqft. all in

Seating for 130 plus a Large Outdoor Patio with cover.

License: 47/58 liquor license included

Sales: 2016 $455,580. 

Reason for Selling: Owner has other interests.

Please visit SellingRestaurants.com to get the name and location as well as photos of this listing. 

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

Lease

Region:
Chico~Yuba City
Lease Term:
Expires Feb. 28, 2022 + 5 Year Option
Total Monthly Rent:
$5,782
Security Deposit:
$5,800

Financials

Last Year's Annual Gross:
$455,580
Last Year's Owner's Cash Flow:
$35,218
Last Year's Food Cost %:
29
Last Year's Payroll Cost %:
23

Operations

Liquor License:
47/58
# of Part-Time Employees:
10
# of Working Owners:
1
Hours Open:
10a-10p
Year Established:
2012
Hood System Type 1:
Yes

Facilities

Indoor Seating:
130
Outdoor Seating:
24
# of Parking Spots:
20+
Inside Sq. Ft.:
4748
Outside Sq. Ft.:
800

Highlights

  • Nice Wood Bar
  • Large Kitchen and Dining for Any menu
  • Large Patio
  • Room to Add Brewery

Financing

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

Demographics

Population 1-mi. 5-mi
2014 Total Population 36,389 73,162
Households 1-mi. 5-mi
2010 Number Of Households 15,419 29,899
2010 Persons Per Household 2.34 2.38
Median House Value $270,100 $281,965
Income Per Household $39,216 $42,126
Businesses 1-mi. 5-mi
2009 Number Of Businesses 1,012 2,197
2012 Number Of Employees 26,244 59,120
2012 Total Annual Payroll $507,110,000 $1,017,997,000

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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