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#454
Sacramento Restaurant For Sale

Thai Restaurant- Recently remodeled - convert to your needs?

$110,000
Sold
Thai Restaurant- Recently remodeled - convert to your needs?
This Listing is Sold
This is a a very clean restaurant in a high traffic, rapidly growing part of town. The 1200 sq foot interior has been recently remodeled and is currently a Thai restaurant. The inside easily seats over 40 people, while you also have outside seating for 16. It could easily be converted to Mexican, Italian or any other concept that you are looking for. It has great parking with street exposure. Lease has two options- good for 5 more years.
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:
5 yr option
Total Monthly Rent:
$2,900

Financials

Last Year's Annual Gross:
$244,000

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Part-Time Employees:
2
Hours Open:
11-7
Year Established:
2003

Facilities

Indoor Seating:
44
Outdoor Seating:
10
Inside Sq. Ft.:
1,200
Outside Sq. Ft.:
150

Highlights

  • Very Clean restaurant
  • Easily converted to fit your restaurants concept
  • 1200 square feet
  • Lease has 5 year options left
  • Recently remodeled
  • Easy parking
  • Street visibility
  • Currently thai food
  • Equipment nearly new
  • High Traffic area
  • Fast growing part of town

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 31,156 74,781 242,684
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 11,704 27,560 88,960
2010 Persons Per Household 2.51 2.55 2.58
Median House Value $332,300 $291,107 $276,584
Income Per Household $69,703 $64,416 $65,598
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,610 3,329 6,313
2012 Number Of Employees 56,264 116,926 175,588
2012 Total Annual Payroll $1,607,275,000 $3,146,394,000 $4,143,219,000

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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