Price Reduced & Owner May Carry! 25% down and if your the right qualified buyer, owner may carry the rest.
Selling Restaurants presents this restaurant which was given 4 stars out 5, from the local paper and packed with regulars in a laid back atmosphere, is one dynamic Stockton Restaurant. This Italian style caf� is anchored in an upscale neighborhood with tons of residential and close by, a well established business park. The loyal customer base keeps coming and going throughout the day. Hours of operation begins at 6:30am to catch the early risers with coffee, espresso and pastries. Lunch brings in the crowds from the local business park. Dinner brings in the locals who know where to get a great steak or fantastic pasta. Annual gross for 2007 was over $488k!
The Kitchen Area, fully equipped as one would expect, is designed to handle the busiest of evenings. The restaurant occupies about 1,750 sq/ft and seats as many as 55 guests. The patio, packed during the summer, which seats about 40, adds another 800 sq/ft. Base monthly rent is $2,900. CAM charges are $1,150. The lease expires Jan �09. There is plenty of parking in this retail center with easy ingress and egress. The owner also owns other business in San Joaquin County and finds himself stretched too thin between the commute and the demands of a restaurant and would like to sell.
Take the next step and select one of the bright orange buttons below to get the name and address of the restaurant.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409
Lease
Region:
Stockton Restaurants For Sale
Lease Term:
Lease expires Jan '09
Total Monthly Rent:
$2,900
Financials
Last Year's Annual Gross:
$488,073
Last Year's Owner's Cash Flow:
$86,715
Last Year's Food Cost %:
33.1
Last Year's Payroll Cost %:
24.9
Operations
# of Full-Time Employees:
3
# of Part-Time Employees:
4
Hours Open:
6:30am - 9:30
Closed Sunday
Monday until 3:00
Highlights
- Very Popular Stockton Restaurant
- Devoted Local (and beyond) Customers
- Located in Well Kept, Upscale Neighborhood
- Seats Up To 50 Guests Inside and 40 Guests Outside
- Very Busy Location
- Turn Key and Profitable!
- 7 Employees plus Owner
Financing
Will Seller Lend To Buyer:
No
Demographics
Population |
1-mi. |
3-mi. |
5-mi |
2014 Total Population |
41,086 |
131,187 |
193,987 |
Households |
1-mi. |
3-mi. |
5-mi |
2010 Number Of Households |
11,180 |
41,151 |
62,111 |
2010 Persons Per Household |
3.45 |
3.02 |
2.95 |
Median House Value |
$121,600 |
$160,471 |
$163,826 |
Income Per Household |
$40,182 |
$49,508 |
$48,158 |
Businesses |
1-mi. |
3-mi. |
5-mi |
2009 Number Of Businesses |
364 |
1,876 |
2,826 |
2012 Number Of Employees |
12,398 |
57,846 |
92,810 |
2012 Total Annual Payroll |
$259,170,000 |
$842,200,000 |
$1,650,585,000 |
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.