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#936
Sacramento Restaurant For Sale

Established for Decades; Local Sports Bar with Type 47 Hard Liquor License

$180,000
Sold
Established for Decades; Local Sports Bar with Type 47 Hard Liquor License
This Listing is Sold
Open since 2004 this crowded neighborhood sports bar is located in a strip center with plenty of parking. Customers enjoy a big screen TV, drinks and dinning, or simply play pool while listening to the juke box music. There is a 600 Sq. Ft. outside patio for the smokers, helping generate more sales. The juke box and video games are not owned but are revenue shared with a third party saving the owner the initial capital costs along with maintenance costs. There are about 2000sq/ft. The kitchen has a hood system, refrigerator and grill ready to cooks Mexican or American food. Base rent is $2431 a month. The lease expires in 10-30-2008 plus 5 years option. The seller claims the monthly gross is $26,000 a month. Seller wants to retire and start traveling. Don't miss this rare sports bar opportunity if you want to become business owner. Seller will finances up to 50% of the asking price to qualify buyers.


Please click any links below to obtain business name and address to drive by the location.
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:
Expires on 10-30-2008
Total Monthly Rent:
$2,431
Security Deposit:
$2,100

Financials

Last Year's Annual Gross:
$360,000

Operations

Liquor License:
47
# of Part-Time Employees:
6
# of Family Employees:
2
Hours Open:
Every day 10am to 2am
Year Established:
1962
Hood System Type 1:
Yes

Facilities

Indoor Seating:
45
Outdoor Seating:
15
# of Parking Spots:
68
Inside Sq. Ft.:
2,000
Outside Sq. Ft.:
600

Highlights

  • Sports Bar Serving Food too!
  • Parking with easy and convenient access.
  • Excellent location with affordable rent.
  • Base rent is $2,431 a month for approximated 2000sq/ft facility.
  • Lease reminding until 10-30-2008 plus 5 years renewal option
  • Gross income is approximated $26,000 a month.
  • Seller will finance up to 50% to qualified buyers.
  • Seller planning to retire.
  • Please register now to become our prefer buyers.
  • The processing is simple, easy and no credit card require.
  • You will receive more free information from us.

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
50%
This Listing is Sold

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 51,172 115,686 456,880
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 17,744 43,261 165,071
2010 Persons Per Household 2.68 2.51 2.60
Median House Value $181,336 $255,639 $232,620
Income Per Household $37,884 $46,391 $45,976
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 548 2,187 11,018
2012 Number Of Employees 35,104 90,026 358,562
2012 Total Annual Payroll $1,012,425,000 $2,542,609,000 $4,294,967,295

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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