LOCATION! Downtown area of Sacramento located close by the Capital building and just 1 block from the proposed new Kings Arena. The future benefits of this location at a price of just $70,000 and rent of only $1.50 per sq ft make this a must buy for a shrewd, visionary operator. The price includes Goodwill, type 41 license, sellers improvements and a great location. The landlord owns, but the buyer may use all the extensive fully fitted kitchen, bar and restaurant equipment. Everything is in first class working condition and only a few years old. Kitchen has walk in fridge/freezer, 2 convection ovens, six burner with oven, charbroiler with oven, salamander, large steam table, 2 refrigerated work tops, large wash up area. 100+ seats, private dining room, large bar area and quality booth seating make this restaurant/bar a fully turn key opportunity. Outdoor signage and a very appealing curb appeal makes this a must view. This business will thrive under an experience operator.

General Info

  • OrganizationContact For Info
  • Established2004
  • Current Owner2012
  • Employees1 Full Time, 6 Part time
  • Reason For SaleOther Interests

Facilities

  • Seating120
  • Square Feet3,675
  • ParkingStreet plus car lot nearby
  • LicensesHealth, Business and Type 41
  • Open Hours11am - 9pm weekday, 11am - 10pm weekends, Closed Sunday

Lease

  • Rent$5,512
  • Expiration2017
  • Yearly Increase2%
  • Option5 year
  • Deposit5 year

Financials

  • Monthly RevenuePlease Inquire
  • Monthly Cash FlowPlease Inquire
  • Annual RevenuePlease Inquire
  • Annual Cash FlowPlease Inquire
  • Payroll$Please Inquire

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location