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#3562
Sacramento Restaurant For Sale

Bar, Entertainment Spot and Restaurant within Hotel Sale price $45,000. THAT'S IT!

$45,000
Bar, Entertainment Spot and Restaurant within Hotel Sale price $45,000. THAT'S IT!
This Listing is Expired

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.

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:
Expires November 2021 + 2 x 5 year options
Total Monthly Rent:
$6,000
Security Deposit:
$20,000

Operations

Liquor License:
47
# of Part-Time Employees:
10
Hours Open:
Evenings only 5.00pm - 11.00pm
Year Established:
1980
Hood System Type 1:
Yes

Facilities

Indoor Seating:
225
# of Parking Spots:
100+
Inside Sq. Ft.:
12,000

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

Financing

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

Demographics

Population 5-mi
2014 Total Population 0
Households 5-mi
2010 Number Of Households 0
2010 Persons Per Household
Median House Value $0
Income Per Household $0
Businesses 5-mi
2009 Number Of Businesses 0
2012 Number Of Employees 0
2012 Total Annual Payroll $0

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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