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#325
Sacramento Restaurant For Sale

MEXICAN QUICK SERVE RESTAURANT FOR SALE THOUSAND OAKS, CA

$99,000
Sold
MEXICAN QUICK SERVE RESTAURANT FOR SALE THOUSAND OAKS, CA
This Listing is Sold

This turn key quick service restaurant, situated in Folsom, is in a great location next to plenty of shopping and entertainment! The facility has 2,500 sq/ft with an outside patio. The monthly base rent is $4,917. 3 years remain on the lease plus one 10 year option. All equipment is in good condition. Last years Gross Sales were $580.000. The franchise is not included in the sale.

This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
3 years + 10 Option
Total Monthly Rent:
$4,917
Security Deposit:
$4,125

Financials

Last Year's Annual Gross:
$580,000
Last Year's Food Cost %:
25.5
Last Year's Rent %:
10.8

Operations

# of Full-Time Employees:
3
# of Part-Time Employees:
3
Year Established:
1998

Facilities

Indoor Seating:
50
Outdoor Seating:
16
Inside Sq. Ft.:
2,500

Highlights

  • Last years Gross Income was $580.000+.
  • Facility has 2,500 sq/ft;
  • Lease has 3 years Plus one 10 yr option.
  • All equipment is in good condition.
  • near by Theater, Highway and Office
  • Monthly rent $4,917 + CAM
  • Large Outside Patio seats 16
  • Seats 50 inside
  • Buyer obtains own Beer & Wine license
  • Franchise not included

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 70,184 145,145
Households 3-mi. 5-mi
2010 Number Of Households 24,935 50,101
2010 Persons Per Household 2.62 2.70
Median House Value $385,500 $376,613
Income Per Household $98,547 $96,068
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,911 3,439
2012 Number Of Employees 61,904 91,934
2012 Total Annual Payroll $2,125,271,000 $2,869,832,000

click for more demographic info

Disclaimer

Notice: 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 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, 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. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of 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.

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