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#3657
Sacramento Restaurant For Sale

Type 47 Sports Bar for Sale Sacramento, CA

$285,000
Type 47 Sports Bar for Sale Sacramento, CA
This Listing is Expired

We present this Huge Potential Sports Bar For Sale in Sacramento, CA, with Type 47 and 58 full Liquor Licenses. Great Sports Bar and Entertainment Spot situated in a good high street corner location in Sacramento's mid-town. This opportunity is absolutely Turn Key and sold as an on going concern. The Partners are going their separate ways after just over a year. There an opportunity to be a large shareholder partner or purchase outright. The place has so much to offer. Music, Entertainment, Sports and a large Dining room with seating for 185 on two floors in 4500 sq ft with a large Kitchen for just $285,000.

A brand new Bar, fully equipped which should be THE most popular bar in Sacramento. A large full fitted Kitchen allows for any menu to be implemented. A total of 4500 sq ft at just $6,000 per month rent. Try and find Cheaper!!!

Ample Kitchen, Storage area with refrigeration, walk in fridge, all stainless steel etc. This kind of opportunity only comes up once in a long while and it is in such a great condition. There is a well appointed full bar with many beer handles and choice Liquors with seating for 20 at the bar plus a further 165 seats within the Bar area and dining room .

There is a Full Type 47 on site Liquor License and Type 58 for outdoor Catering.

Open 7 days a week, Featuring multiple TV's  and a Superior sound system this fully Turn Key opportunity require NO investment.

The lease has 3 years remaining with an additional 5 year option and is extremely competitive at only $1.33 per sq ft.

If you have to ask for financials, then this is not your restaurant as it will require an experienced operator with a proven track record of success in this type of rare restaurant/bar business in Mid-Town.

This is a "REAL" opportunity not to be missed.

This is a Paramount Restaurant Brokers, Inc. Listing.

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:
Expires April 2015 + 5 year option
Total Monthly Rent:
$6,000
Security Deposit:
$4,590

Financials

Last Year's Annual Gross:
$510,628
Last Year's Food Cost %:
36.2
Last Year's Payroll Cost %:
19.8
Last Year's Rent %:
9.5

Operations

Liquor License:
47
# of Part-Time Employees:
12
Hours Open:
Sat & Sun 10am - 2am
Mon to Fri 11am - 2am
Year Established:
2005
Hood System Type 1:
Yes

Facilities

Indoor Seating:
185
Inside Sq. Ft.:
4,500

Highlights

  • Type 47 and Type 58 Sports Bar in great Location
  • Huge Square Bar Seating 20
  • Multiple TV
  • 185 Seats
  • Pool Table, Juke Box and all the Sports Equipment
  • Fully fitted and Turn Key
  • The Best Example of it
  • Great Corner Location
  • Complete SS Kithen with walk in cold room
  • Full Hood and Ansel Fire System
  • Looks and feels clean and new

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 16,653 145,855 410,336
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 9,191 61,966 154,685
2010 Persons Per Household 1.66 2.20 2.49
Median House Value $427,800 $287,813 $239,583
Income Per Household $49,953 $46,577 $47,241
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 850 5,727 10,632
2012 Number Of Employees 25,966 195,444 349,690
2012 Total Annual Payroll $837,120,000 $4,294,967,295 $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.

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