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#3865
Stockton Restaurants For Sale
Sacramento Restaurant For Sale

Large Restaurant next to Freeway in San Juaquin County...Stockton

$99,950
Large Restaurant next to Freeway in San Juaquin County...Stockton
This Listing is Expired

SellingRestaurants presents an opportunity to purchase a high end asset sale right off I-5..

Established over 30 years ago...
This Restaurant has been a place like no other. More than any other institution, this business has been the backdrop for Stocktonians most cherished celebrations. Weddings, birthdays, anniversary parties and high level business meetings occur here on a regular basis.

Decor: The restaurant is a freestanding building with recently upgraded  interior and includes a nicely done bar with dining areas. The main dining area is very sleek and elegant and would accommodate many venues. There are two  more private dining rooms within for special occasions as well.

 The second half of the building "Showroom" also has a large bar geared towards Entertaining with upper and lower seating, a Stage and Dance floor for customer fun. It is accessible through the restaurant and has its own entrance. There is also a nice office setup on the second floor to run your business from.

Menu: The current is upscale French...but the right new concept could really take this place to another level.

Kitchen Comes with a hood system & equipped with all the necessary equipment to serve any concept you want. 3 Walkins, prep tables, range, fryer, 14' hood....and much more.

There is a second kitchen to use for the showroom concept, catering or ?

Lease: 9,500 sqf.  New lease,  The rent is currently $6,500....the sellers will assist in negotiating a New lease!

The Name brand and recipes are not included as this is an asset sale. Financials upon request from a qualified buyer for informational purposes only.

Untapped Potential:

  • If you have an Entertainment background this could serve many venues from a Sports Bar to a high End Club! Just about any venue could work here.
  • Obtain a full Liquor license or Beer & Wine depending on your concept!!(liquor license in use currently, but not included in sale)
  • You really have to see this place to see all that it has and the potential

Reason for selling: The current ownership has other businesses and restaurants  interests that they need to focus on. Seller will assist in lease negotiation.

For the right offer the seller will consider selling the Name and recipes..............

Sales previously were over $1 million.

The owners will also consider a seller note for part of the purchase price for a qualified buyer...so submit your offer. All offers will be considered.

Paramount Restaurant Brokers, inc. Listing.

This is a Stone Path Brokerage Services Inc listing.
Restaurant Broker Scott Beaton DRE License #01853968

Lease

Region:
Stockton Restaurants For Sale
Sacramento Restaurant For Sale
Lease Term:
New Lease

Operations

# of Full-Time Employees:
10
# of Part-Time Employees:
10
Hours Open:
6 days 4pm to 10pm
Year Established:
1976
Hood System Type 1:
Yes

Facilities

Indoor Seating:
205
Inside Sq. Ft.:
9,500
Outside Sq. Ft.:
1000

Highlights

  • I-5 Visible and close
  • Huge Potential
  • Seller to assist in New Lease Negotiation
  • Great Entertainment Venue
  • Long history as a Top Stockton area Restaurant
  • Beautiful Interior
  • Partial Seller Financing to a qualified buyer
  • $50K reduction in price!

Financing

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

Demographics

Population 5-mi
2014 Total Population 29,195
Households 5-mi
2010 Number Of Households 10,596
2010 Persons Per Household 2.63
Median House Value $274,700
Income Per Household $73,911
Businesses 5-mi
2009 Number Of Businesses 459
2012 Number Of Employees 13,678
2012 Total Annual Payroll $246,520,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, 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 addition to seeking professional advice from an attorney as well as a CPA.  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 (if included in the sale), 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. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the 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 and User should often review the listing on the website to keep up to date.

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