This restaurant opportunity has been selected for the new easing of SBA reduced interest rates. It's a corner location cafe/restaurant with low monthly rent of $3,000 for 2,000 sq ft restaurant with a wrap around front patio in busy downtown Sacramento. Seating for 75 inside with a further 25 on the patio. The efficient kitchen has a 6ft type 1 hood with fire suppression system, 4 burner stove with oven, 36" grill and deep fryer with 2 counter tops, one refrigerated, double door fridge and 2 freezers. There are two dining rooms seating 75 (which allows for a private party room) and quick counter service ordering for fast and easy service. Hours are just 8.00am - 2.00pm daily with monthly sales of $35,000 and monthly profits in excess of $5,000. This is a nice business with limited hours which allows a new buyer to enjoy daytime opening only or open in the evenings to grow this already successful business and make it even more profitable. Priced at $199,000, this opportunity would suit a family or an experienced chef/restaurateur wishing to be their own boss. To receive more information and discuss this opportunity with the broker along with the broker's connections for a long term SBA loan solution please complete the 'Non Disclosure Agreement' on our website and we'll send you the name and address of this business opportunity along with full financial information, lease & full list of equipment included with the sale. We'll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.

General Info

  • OrganizationInc
  • Established1980
  • Current Owner2016
  • Employees7
  • Reason For SaleOther Interests

Facilities

  • Seating75 + 25 Patio
  • Square Feet2000
  • ParkingStreet
  • LicensesContact For Info
  • Open Hours8.00am - 2.00pm Daily

Lease

  • Rent$3,000 Inc NNN
  • Expiration2021
  • Yearly Increase3%
  • Option5 year Option
  • Deposit$3,418

Financials

  • Monthly Revenue$33,340
  • Monthly Cash Flow$4,863
  • Annual Revenue$400,000
  • Annual Cash Flow$58,351
  • Payroll$$8,638

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