This restaurant is in a great location in good neighborhood surrounded by many Franchise restaurants. This restaurant feels brand new. The new decoration has been done with quality furnishings which have a good ambiance in a good setting ready for an owner/operator to really go after the local clientele. Presently the owners are absent and this operation requires a hands on approach to re-capture one of Sacramento's large suburbs. Presently the hours of operation are limited and new owners would be advised to market the many upscale business park right behind. The menu, although fairly comprehensive has been standardized for ease of operation and needs expanding with creative new owners. The huge business park behind could be tapped for Breakfast, Lunch and after work libations. A great meeting place for this upscale demand. The lease has 3 1/2 years remaining + 5 years but the Landlord may assign for a new tenant a new Lease. Fabulous opportunity to own a very nice, operation with huge potential for growth.
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Sacramento Regional Manager Keith Simpson
Lease
Region:
Sacramento Restaurant For Sale
Lease Term:
Expires Dec 2nd 2010 + 5 Option
Total Monthly Rent:
$4,700
Financials
Last Year's Annual Gross:
$274,260
Last Year's Food Cost %:
51
Last Year's Payroll Cost %:
42
Operations
# of Part-Time Employees:
8
Hours Open:
7.00am - 5.00pm Sun-Thurs
9.00am - 11.00pm Fri & Sat
Highlights
- Reduced and priced to sell quickly
- High visibility for street
- Good size for creative owners
- Beautifully decorated to very high standard
- Quality Kitchen equipment
- Large kitchen and office
- Upscale business park behind
- Use of Granite counter tops throughout
- Clean, Turn key operation
- Priced to sell
- Would make a Great Sports Bar
- AAA Location on busy high road
Financing
Will Seller Lend To Buyer:
No
Demographics
| Population |
1-mi. |
3-mi. |
5-mi |
| 2014 Total Population |
20,726 |
25,520 |
266,082 |
| Households |
1-mi. |
3-mi. |
5-mi |
| 2010 Number Of Households |
7,311 |
8,730 |
100,961 |
| 2010 Persons Per Household |
2.72 |
2.77 |
2.47 |
| Median House Value |
$182,700 |
$196,467 |
$257,085 |
| Income Per Household |
$51,981 |
$56,676 |
$55,893 |
| Businesses |
1-mi. |
3-mi. |
5-mi |
| 2009 Number Of Businesses |
570 |
654 |
6,098 |
| 2012 Number Of Employees |
22,938 |
29,084 |
218,678 |
| 2012 Total Annual Payroll |
$571,647,000 |
$807,448,000 |
$4,294,967,295 |
click for more demographic info
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.