Owners have to sell due to family health problems- This is a rare chance for you chance to own a sports bar and club in Placer County that offers both live entertainment on the weekends as well as a basic hang-out place to watch the "game." The liquor license is a type 47, which sells for approximately $200,000 on the open market in Placer County. The license is included in the sales price. With quarter machines strategically setup throughout the building, this whole operation has been setup to make money at every corner. Reported sales are just under the $1 million mark per year. This is a stable business with loyal clientele, not a trendy nightclub looking for the "A" list clientele or looking to be hip. The bar and restaurant are 3,175 square feet, with inside seating for 90 people and capacity of 148. Rent is only $1.31 a foot, with over 4 years left on current lease. Don't let this one get away!! Owners are willing to carry back part of the purchase price for a qualified owner. Take the next step and complete the online confidentiality agreement and you�ll be provided with the restaurant name and address. Also you will given priority notification to new listings in the future, prior to the general public, giving you the best chance to �scoop in� the best opportunities. There are also more photos available to our registered buyers.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409
Lease
Region:
Sacramento Restaurant For Sale
Lease Term:
3 year left plus 1 x 5 year option
Total Monthly Rent:
$4,153
Financials
Last Year's Annual Gross:
$875,063
Last Year's Owner's Cash Flow:
$16,037
Last Year's Food Cost %:
33
Last Year's Payroll Cost %:
16
Operations
# of Full-Time Employees:
2
# of Part-Time Employees:
18
Highlights
- Business value is $500,000 and Liquor License is $200,000
- Place County type 47 license
- Hard to find this business for sale in Placer County
- Must call for address and financial information
- 2006 sales to end up around $1 million
- 3 years left on current lease Plus 5 year Option
- Seats over 90 inside - Capacity of 148
- Stand alone building with Plenty of parking in the area
- Successful business with loyal clientele
- Year-to-date 2006 sales through November of $887,000
- Owners are willing to carry back to qualified buyer
- Health problems force sale of business
Financing
Will Seller Lend To Buyer:
No
Demographics
Population |
1-mi. |
3-mi. |
5-mi |
2014 Total Population |
24,236 |
60,261 |
171,471 |
Households |
1-mi. |
3-mi. |
5-mi |
2010 Number Of Households |
9,086 |
20,901 |
61,360 |
2010 Persons Per Household |
2.54 |
2.71 |
2.66 |
Median House Value |
$295,300 |
$324,073 |
$350,443 |
Income Per Household |
$68,160 |
$77,350 |
$78,539 |
Businesses |
1-mi. |
3-mi. |
5-mi |
2009 Number Of Businesses |
686 |
1,417 |
5,709 |
2012 Number Of Employees |
14,394 |
37,888 |
168,860 |
2012 Total Annual Payroll |
$327,551,000 |
$990,635,000 |
$4,294,967,295 |
click for more demographic info
Disclaimer
Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("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. DRE License # 01339409.