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#3605
Sacramento Restaurant For Sale
Chico Restaurants For Sale

Nice Taqueria in Great Chico location... Great Price!

$38,000
Nice Taqueria in Great Chico location... Great Price!
This Listing is Expired

Fantastic new price......... Seller is moving out of the area and priced the restaurant below market....get it now!

SellingRestaurants has a Taqueria with nice tenant improvements and would be an excellent owner operator or additional location to an existing business.

Location: The area is Butte county, Ca and if you already live there you know this a great place to live and do business.

This restaurant is End Cap located in a small shopping center with major retailers surrounding this highly visible restaurant. You have a major home supply store to one side, a community college minutes away with a large tech college(connected to the community college) going in just across the street. There is also a major grocery store across the street, so traffic to the area is huge.

The location has signage on front and back to guide customers to this destination.

This restaurant is currently operating as a Mexican restaurant/Taqueria, but it could serve many possibilities including Asian, Indian, Italian ect...

The current owner has another location he plans to keep with the same menu, so you would need to institute you own recipes and change the name of the business to suit your concept. Sales have been good with the owner not working in the day to day operations of the business.

There is a type 41 Beer and Wine license in place as well.

The Kitchen is set up well with range, fryer, walk in cooler, hood system, prep and steam tables, security cameras and more. The kitchen area is set up right, so you have adequate room to work and still maximize the footprint of the dining area.

The decor is nice and again could be converted to any concept easily. The seating is currently about 40 inside and about 6 outside with stained concrete floors.

Sales have increased at his location with the owner not providing onsite management of the operation which accounts for high food costs. In addtion, some  food costs for the owners second restaurant have been paid by this location. The net result is a new owner could reduce the food costs and increase the overall efficeny of the operation significantly.

Lease:  Rent was recently reduced to a very Affordable $1,900 per month  for 1,450sqf.

Reason for selling: The owner is moving out of the area.

This is a nice build out with a good customer base and great potential.

 

The seller would be motivated by a reasonable offer, so don't hesitate this Great opportunity.

 

 

Take the next step and click on the address & NDA and see this place...you'll like it! 

a Paramount Restaurant Brokers, Inc. Listing

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

Lease

Region:
Sacramento Restaurant For Sale
Chico Restaurants For Sale
Lease Term:
expires March 2015 + 5 year option
Total Monthly Rent:
$1,900
Security Deposit:
$2,882

Financials

Last Year's Annual Gross:
$277,787
Last Year's Owner's Cash Flow:
$30,880

Operations

Liquor License:
41
# of Part-Time Employees:
10
# of Family Employees:
2
Hours Open:
10:30-9 Mon. to Fri.
9-9 Sat.
Year Established:
2006
Hood System Type 1:
Yes

Facilities

Indoor Seating:
40
Outdoor Seating:
6
Inside Sq. Ft.:
1,441

Highlights

  • Excellent price $50,000
  • Lots of parking
  • Near community college
  • Near major retail businesses
  • Nice looking unit
  • Great upside for an onsite operator
  • Excellent value in FFE with tenant improvements built in the last 6 years
  • End Cap unit

Financing

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

Demographics

Population 1-mi. 5-mi
2014 Total Population 36,389 73,162
Households 1-mi. 5-mi
2010 Number Of Households 15,419 29,899
2010 Persons Per Household 2.34 2.38
Median House Value $270,100 $281,965
Income Per Household $39,216 $42,126
Businesses 1-mi. 5-mi
2009 Number Of Businesses 1,012 2,197
2012 Number Of Employees 26,244 59,120
2012 Total Annual Payroll $507,110,000 $1,017,997,000

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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