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#538
Sacramento Restaurant For Sale

Modern, Clean Italian Family Restaurant - Use as Current concept or change

$149,000
Modern, Clean Italian Family Restaurant - Use as Current concept or change
This Listing is Expired
This is the perfect restaurant for someone who doesn't want to spend $250,000 and several months hassling with city permits and with contractors who bid one price and give you a much higher final price - and Roseville is amongst the worse to work in the business. This restaurant has cutting edge design with very high warehouse style ceilings finished in black and modern walls finished in galvanized steel and bright colors. Serving great pastas and salads for the family, this restaurant is becoming a fixture in the community that is growing rapidly around it. There are about 2,500 Sq. Ft. with rent at $2.32 Sq. Ft. this is a bargain! It is located on an end-cap of a fairly new large shopping center with access to a large outside covered patio.
Take the next step to register and complete the online confidentiality agreement to get the restaurant name and address. Also you'll be given previews to our new listings in the future, giving you the greatest chance to �scoop in� the best opportunities as they become available.
This is a Stone Path Brokerage Services DBA: selling restaurants San DiegoRob Tade-Broker listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
2.3 years remain + 2- 5 yr options
Total Monthly Rent:
$5,842
Security Deposit:
$6,980

Financials

Last Year's Annual Gross:
$364,702
Last Year's Food Cost %:
23
Last Year's Payroll Cost %:
33
Last Year's Rent %:
22

Operations

Liquor License:
41
# of Part-Time Employees:
11
Hours Open:
11:30 to 8
Year Established:
2004
Hood System Type 1:
Yes

Facilities

Indoor Seating:
91
Outdoor Seating:
14
Inside Sq. Ft.:
2,518
Outside Sq. Ft.:
patio

Highlights

  • Bright Clean Facility
  • Upscale Warehouse family feeling
  • End Cap unit
  • Seats over 90 inside
  • Plenty of Parking
  • Desirable area in newer shopping center
  • 2518 sq feet
  • Rent is $2.32 a foot + NNN
  • New turn key building
  • Perfect for family Italian or Mexican
  • Great visibility from street
  • Easy access to restaurant

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 43,625 74,781 181,061
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 15,856 27,560 65,696
2010 Persons Per Household 2.58 2.55 2.60
Median House Value $260,700 $291,107 $281,760
Income Per Household $60,513 $64,416 $64,992
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,719 3,329 5,663
2012 Number Of Employees 60,662 116,926 176,944
2012 Total Annual Payroll $1,539,119,000 $3,146,394,000 $4,294,967,295

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("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. DRE License # 01339409.

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