* Included in Asking Price
Price Reduced! Bar & Restaurant With Patio, Abc Hard Liquor License Located South Of Sacramento
Asking Price: $110,000
Location: South of Sacramento City, Sacramento County, California
Yearly Revenue: $420,000
Yearly Cash Flow: $63,600
Monthly Rent: 4900 inc NNN
Price Reduced to $110k. Currently a highly visible, End Cap Asian restaurant with 2900 sq ft and an ABC type 47 hard liquor license which could be easily converted into a sports bar, American bar and restaurant or another. Low monthly rent of $4900 Inc NNN and a considerate landlord who would grant a new tenant multiple lease options and many years of ownership. There is a full kitchen, bar counter seating 12 plus further bar seating for 25 and a spacious dining room seating 70 and a bonus patio seating 40. The Kitchen is fully equipped with a 20ft type 1 hood with fire suppression system, large Wok stove, 6 burner stove with oven 2 deep fryers and ample refrigerated work tops, large walk-in, Ice machine and dishwasher. All owned with no leases or rental agreements. The full bar has 12 bar stools with TV''s and draft beer on tap plus a projection TV. The dining room is a combination of booth and table seating. The corner outdoor patio has high visibility from the road and there is ample parking. The current owner has operated this business for many years and now needs to retire. A 100 bedroom hotel opposite is nearing completion opening in early 2017 which will boost the area''s demand for food and drinks. The asking price is only $110,000 for this excellent location currently making $60,000 in annual owners discretionary income. This business could be transferred into another concept and reap the benefit of the location and growing population. To receive full details of this opportunity please complete the ‘Confidential Information’ request at the top of this page and we’ll send you the name, address, financials & lease information. We will also send you the broker’s agent contact information so you can discuss in more detail.
Organization: Sole Proprietorship | Year Established: 1995 | Current Owner: 2010 | Employees: 10 | Seating: 95 + Patio | Square Footage: 2900 | Parking: Parking Lot | Licenses Required: Health, Business & ABC Type 47 License | Days Open/Hours: Mon-Fri 11.30am-8.30pm, Sat 12pm - 8.30pm, Closed Sunday | Reason For Sale: Retirement |
Yearly Revenues: $420,000 | Yearly Cash Flow: $63,600 |
Monthly Rent: 4900 inc NNN | Lease Expiration: 2020 | Lease Option: Negotiable | Security Deposit: 4891 |
Seller Reference #2576
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