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May 19, 2012    
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Listing #3562Bar, Entertainment Spot and Restaurant within Hotel Sale price $45,000. THAT'S IT! Price: $45,000











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We present this Bar, Restaurant and Entertainment Spot situated in a great hotel and located in East Sacramento minutes from mid-town. This opportunity is absolutely Turn Key and sold as an asset sale. The Partners are going their separate ways after just a few months. It's a shame as the place has so much to offer. Music, Entertainment, a large Dining room and a large Kitchen for $45,000.

A brand new Bar, fully equipped which could be turned into THE most popular bar in town. A large full fitted Kitchen allows for any menu to be implemented with a separate entrance within the hotel a well as outside. A total of 12000 sq ft at just $6,000 per month rent. Try and find Cheaper!!!

Ample Kitchen, Storage area with refrigeration, 4 x walk in fridges etc. This kind of opportunity only comes up once in a long while and it is in such a great condition. There is a well appointed full bar with many beer handles and choice Liquors with seating for 20 plus a further 100 seats within the Bar area and 90 seats in the restaurant .

Most of the equipment is owned by the Landlord and the Tenant has full use of all equipment that is included in the lease agreement. But seller does own POS system and small wares.

The Landlord also owns the Full Type 47 Liquor License with the tenant having full rights to use it.

Open 7 days a week, but only in the evenings makes for a huge growth potential. Seating for 225 in over 9,000 sq ft of Bar and Restaurant with a 3,000 sq ft Kitchen, perfect for adding a catering business! Featuring multiple TV's  and a Superior sound system this fully Turn Key opportunity require NO investment.

The lease has 9 years remaining with an additional two 5 year options and is extremely competitive at only $0.50 per sq ft.

If you have to ask for financials, then this is not your restaurant as it will require an experienced operator with a proven track record of success in this type of restaurant/bar business.

This is a "REAL" opportunity not to be missed.

This is a Paramount Restaurant Brokers, Inc. Listing.





General Information Highlights
Listing Status: Available
Price: $45,000
Location: CA Sacramento Metro Businesses For Sale
Lease Information: Expires November 2021 + 2 x 5 year options
Monthly Rent: $6,000
Liquor License: 47
Indoor Seating: 225
# of Part-Time Employees: 10
Hours Open: Evenings only 5.00pm - 11.00pm
Year Established: 1980
Inside Sq. Ft.: 12000
Hood System: Yes
General Information Highlights
  • Great Bar and Restaurant Business
  • Turn key Restaurant owners Dream
  • Use of Type 47 Full Liquor License - Not Being Sold!
  • Spacious Kitchen
  • Huge Dining room and Bar
  • Entertainment a must
  • The price is hard to beat
  • High Visibility
  • Sellers are extremely Motivated
  • Concrete Floors throughout
  • Very low Rent
  • Huge Growth potential
 
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The information contained in this offering profile was provided by the Seller and is believed to be accurate. SellingStores has not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness. This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer. Please note: (1) Sq. ft. is estimated (2) Adj. Net represents the last year's owner's cash flow (3) Annual Payroll is last year's and does not include any owner wages.

 



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