Sacramento Restaurant For Sale
High Volume, Profitable Italian Restaurant with 2 Bars and Type 47 For Sale
This is a unique opportunity to own and operate an extremely nice restaurant in the Sacramento metro area, situated on a major town center Hwy. The interior of this business is fitted out to an extremely high standard and shows beautifully. Take a look at the photos and you'll fall in love with this restaurant. You've got to see it! The Kitchen is in full view to the dining room, there are two full bars and there is front and rear patio dining available.
LEASE TERMS: The lease terms make this restaurant and bar opportunity one of the best you’ll find in this condition and market. Base monthly rent including CAM's is $5650 for 3,000 sq ft inside and 1000 sq ft of outdoor patio dining.
This restaurant’s Location and lease terms make it extremely profitable. The building is full of olde worlde charm. Brick on all sides, beautiful flooring and ceiling which benefits from a real quality build out and over $500,000 spent on the fixtures and fittings in 2004.
HISTORY: Buy the existing Restaurant's long standing reputation, concept, recipes, lease terms, furniture, fixtures, equipment, and full Liquor License OR bring Your Own concept and take advantage of the Long lease terms, furniture, fixtures, equipment.
FINANCIAL PERFORMANCE: The seller has shared that the monthly sales are in excess of $100,000 and the Seller will gladly discuss the monthly sales averages and expenses with serious buyers.
The Seller has stated that the business is extremely strong and even in this economy. This is a great indication that should continue with increased stability in the economy. The main dining room will seat 80+. The many private parties are captivated utilizing the beautiful 2nd room and bar seating an additional 70+ and the outdoor dining area will seat 60+. This is a great locals dining spot and has an intimate ambiance with many good Yelp reviews.
REASON FOR SELLING: The Sellers have many other business commitments and goals and after owning and operating the restaurant since conception (8 years) they are ready for a new challenge.
TAKE THE NEXT STEP. Select the bright orange button below title "want name and address." Register if you're a new client and sign the online "Confidential Agreement." Then contact the Agent directly via email, submitting your experienced Resume and financial ability to purchase. This will also place you on our exclusive Buyer's e-mail list, giving you first look at our new listings.
Paramount Restaurant Brokers, Inc. Listing
Lease
Financials
Operations
Sunday 10.00am - 2.00pm
Dinner: Mon - Fri 5.00pm - 9.00pm
Saturday 5.00pm - 10.00pm
Sunday 4.00pm - 9.00pm
Facilities
Highlights
- Huge Price Reduction to just $225k
- Highly popular and Beautifully Appointed
- Complete new build out in 2004
- Spacious Show Kitchen
- Two full Licenced Bars
- Attractive Outdoor Patio seating
- Same original ownership for 8 years
- Absolutely Turn Key
- Type 47 Liquor License
- Low rent for the area and large space
- High main road visibility
- Call Agent Now!
Financing
Demographics
| Population | 3-mi. | 5-mi |
|---|---|---|
| 2014 Total Population | 38,137 | 38,137 |
| Households | 3-mi. | 5-mi |
| 2010 Number Of Households | 13,826 | 13,966 |
| 2010 Persons Per Household | 2.71 | 2.71 |
| Median House Value | $276,500 | $275,291 |
| Income Per Household | $51,158 | $51,251 |
| Businesses | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 699 | 704 |
| 2012 Number Of Employees | 16,806 | 16,806 |
| 2012 Total Annual Payroll | $367,967,000 | $367,967,000 |
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Disclaimer
DISCLAIMER: The User (that's you reading this) of this Website understands that Robert Lee Tade. ("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.