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#1081
Chico Restaurants For Sale

Location Location Location! & a Type 47 Hard Liquor License too!

$150,000
Sold
Location Location Location! & a Type 47 Hard Liquor License too!
This Listing is Sold
Selling Restaurants presents this excellent opportunity to own a happening sports bar in Chico. This place has a AAA location. The Sq Ft is 1776 and the place has a full kitchen with Type I Hood System, Type 47 Hard Liquor License, seating Capacity for 49 and plenty of TV's to watch your favorite game. The sales are strong and growing, but this place is absentee run and needs a hands on owner to be successful. This is small enough to easily operate and big enough to grow. This is a rare opportunity and will go fast. This place would be a great conversion to an Irish Pub too.

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

Lease

Region:
Chico Restaurants For Sale
Lease Term:
Call Broker
Total Monthly Rent:
$1,741
Security Deposit:
$2,000

Financials

Last Year's Annual Gross:
$402,712
Last Year's Food Cost %:
48.28
Last Year's Payroll Cost %:
37.3

Operations

Liquor License:
47
# of Part-Time Employees:
10
# of Family Employees:
1
Hours Open:
11-2am Thur-Saturday
11-Midnight Sun-Wed
Year Established:
2005
Hood System Type 1:
Yes

Facilities

Indoor Seating:
49
Inside Sq. Ft.:
1,776

Highlights

  • AAA Location
  • Sports Bar with Growing Sales
  • Absentee Run
  • 1776 Sq Ft
  • Type 47 Hard Liquor License
  • Seats 49
  • Lots of TV
  • Type I Hood System
  • Needs an Owner Operator
  • Huge Potential

Financing

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

Demographics

Population 1-mi. 5-mi
2014 Total Population 36,773 73,162
Households 1-mi. 5-mi
2010 Number Of Households 14,480 29,899
2010 Persons Per Household 2.43 2.38
Median House Value $294,600 $281,965
Income Per Household $45,224 $42,126
Businesses 1-mi. 5-mi
2009 Number Of Businesses 1,185 2,197
2012 Number Of Employees 32,876 59,120
2012 Total Annual Payroll $510,887,000 $1,017,997,000

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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