* Included in Asking Price
Midtown 3000 Sf Asian Restaurant Centrally Located In Midtown With A Patio & Hard Liquor License
Asking Price: $245,000
Location: Sacramento, Sacramento County, California
Yearly Revenue: $1,200,000
Yearly Cash Flow: $156,000
Monthly Rent: 8200 Inclusive NNN
This long established bar and restaurant with it''s ABC type 47 license and superb curb appeal is a huge opportunity for an operator looking for an attractive restaurant and bar in a booming Midtown location.. This business has been in the current ownership since 2001 and enjoys $1.2 million in annual sales with a healthy owners discretionary income. The owners are quasi-absentee and have enjoyed years of success and now wish to sell there restaurant to an experienced operator. There is a valuable ABC type 47 hard liquor license included with the sale. The kitchen is fully loaded with a 12 ft Type 1 hood and fire suppression system, 2 deep fryers, turbo broiler, range with oven, hot and cold table, large walk-in cooler with freezer, sandwich/dessert table, 600lb Ice maker, ample prep tables and refrigerated worktops. The dining room has seating for 100 in a combination of booths and table seating, with a further 15 seats at the Sushi bar plus 12 seats at the hard liquor bar and patio seating for a further 25+. Included with the sale is a Micros POS order/control system and all equipment needed to operate this successful business. A highly competitive rent of $2.75 per sq ft including NNN. To receive full details of this opportunity please complete the ‘Confidential Agreement’ request at the top of this page and we’ll send you the lease, more photo’s, a list of equipment & full financial disclosure. We will also send you the agent’s contact information so you can discuss in further detail.
Organization: Corporation | Year Established: 2001 | Current Owner: 2001 | Employees: 5 FT and 20 PT | Seating: 100 + Patio 25 | Square Footage: 3000 | Parking: Street | Licenses Required: Health, Business and ABC Type 47 License | Days Open/Hours: 11am - 11pm Daily | Reason For Sale: Other Interests |
Yearly Revenues: $1,200,000 | Yearly Cash Flow: $156,000 |
Monthly Rent: 8200 Inclusive NNN | Lease Expiration: 2021 | Lease Option: Negotiable |
Seller Reference #2701
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