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May 19, 2012    
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Listing #3464Great Mediteranean Restaurant, Great Reputation, Great Location! Hard Liquor License! Price: $250,000











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We present this unique opportunity to own and operate one of Sacramento's highly reputed Mediteranean Restaurants situated on a major thoroughfare. The interior of this business is Turn Key and shows beautifully. Take a look at the photos and you'll fall in love with this Restaurants. You've got to see it!

LOCATION: Situated on a major Hwy, in area known for it's high density of Restaurants "Restaurant Row," in a high traffic area. This unique Business stands out with high roadside visbility and  ample parking off the main highway.

CATERING: Current owners do Cater at present, and with the restaurants location the opportunity to Cater further could easily be attractive to a Caterer of note. With central oveheads covered in the Restaurant, your Catering operation would be far more profitable and this kitchen can cope with multiple events going on without effecting the dining room service

LEASE TERMS: The lease terms make this restaurant and bar opportunity one of the best you’ll find in this condition and market. Monthly rent is $4575 for 1,780 total usable square fee and 1000 sq ft on the outside patiot. Folks!! THAT’S ONLY $2.80 per square foot.

Let’s be honest. Most landlord’s charge what feels like an arm and leg for rent in South Lake Tahoe. This restaurant’s Location and lease terms make it a real buyers opportunity. The building is extremely attractive from the outside and once inside you'll love it.

Outside Patio seating for 50, right along the front makes this the perfect spot for "Al Fresco" dining in the early evenings 8 months of the year.

HISTORY: Buy the existing Restaurant long standing reputation, concept, recipes, lease terms, furniture, fixtures, equipment, and Full Liquor Type 47 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 quite seasonal 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, even in this economy. This is a great indication that it should continue with increased stability in the economy. The opportunty to grow the business in catered events should not be missed

HOUR OF OPERATION: Presently open daily from 11.00am to 9.00pm. There is plenty of scope to increase business by opening later and increasing the endless possible Catering business, especially in this high trafic commercial location.

REASON FOR SELLING: The Seller has many other business interests and wishes to concentrate on these.

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.

This is a Paramount Restaurant Brokers, Inc. Listing





General Information Highlights
Listing Status: Available
Price: $250,000
Location: CA Sacramento Metro Businesses For Sale
Last Year's Annual Gross: $620,111
Lease Information: 2 x 5 year otions
Monthly Rent: $4,575
Liquor License: 47
Indoor Seating: 65
Outdoor Seating: 50
# of Part-Time Employees: 12
# of Full-Time Employees: 4
Hours Open: 11.00am - 9.00pm Daily
Year Established: 1989
Inside Sq. Ft.: 1780
Outside Sq. Ft.: 1000
Hood System: Yes
General Information Highlights
  • Superb Turn Key Mediteranean Restaurant
  • Fully Equipped in AAA condition
  • Type 47 Full Liquor License
  • Sales average for 3 years $700,000
  • Great Sacramento Location - Howe & Fair Oaks
  • High Visibility from the main road
  • Same ownership for 12 years
  • Nice show Kitchen
  • Ample Parking
  • Huge growth for Catering
  • On the market after family business for 12 years
 
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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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