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#758
Sacramento Restaurant For Sale

Great Location in Downtown Sacramento Area for Asian Restaurants or New Concept!

$27,000
Sold
Great Location in Downtown Sacramento Area for Asian Restaurants or New Concept!
This Listing is Sold
Downtown Sacramento is growing rapidly in popularity and size and is the hot area to have a restaurant. Rents are on the increase and this restaurant has below market rent. This restaurant has been established for more than 3 years and is located in downtown office area. Lunches are strong with plenty of foot traffic in the area. Landlord will issue new annual lease. Current rent is about $4,000 per-month, which includes CAM for this 1,600sq/ft facility. Don�t miss this opportunity to own a hot downtown location for low asking price. Seller has several other businesses and doesn't have the time to manage this business. Select one of the bright orange buttons below to get the name and address of this restaurant along with more photos!
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:
New Annual Lease
Total Monthly Rent:
$4,000

Operations

Liquor License:
41
# of Full-Time Employees:
1
# of Part-Time Employees:
2
Hours Open:
Mon-Fri 11am to 3pm Lunch
5pm to 9pm Dinner
Year Established:
2000
Hood System Type 1:
Yes

Facilities

Indoor Seating:
70
Inside Sq. Ft.:
1,600

Highlights

  • Some Restaurants Force to Close in Downtown for Redevelopment.
  • More Families or Young Couples Move to Downtown Area.
  • Plenty of Foot Traffics are from Nearby City, County and Federal Office Buildings.
  • Existing Business Established More Then 3 Years.
  • Kitchen is Fully Equipped and Nice Clean Dinning Room.
  • Rent is Less Then $3000 Included CAM Change Now.
  • The Business Occupied 1600sq/ft.
  • Landlord Will Issue New Lease for Qualify Buyers.
  • Sellers Are Burn Out Needs Focus to Other Locations.
  • Dont Miss The Opportunity to Own This Good Location in Downtown Sac.
  • Please Sign the Confidentiality Agreement to Obtain the Name of Business and Address.

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 15,195 105,955 271,312
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 9,314 46,742 105,480
2010 Persons Per Household 1.51 2.14 2.42
Median House Value $304,970 $295,035 $249,460
Income Per Household $35,074 $49,238 $47,847
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 2,264 4,385 7,885
2012 Number Of Employees 62,930 129,948 275,406
2012 Total Annual Payroll $1,672,587,000 $3,733,567,000 $4,294,967,295

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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