Lucca is one of Sacramento's most iconic restaurants with a highly sort after reputation which located on the busiest prime corner of midtown on 16th street and J. Walking distance from the Sacramento convention center, the Kings arena, Music Circus, The Governor's Mansion, the State Capital, and several large hotels, including the Hyatt and Grand Sheraton. Over the years, Lucca has been one of the most prolific and sought-after places to dine before or after any of many events happening in the city. This Zagat rated restaurant is a staple part of the Sacramento dining scene and for 18 years has been highly profitable. The classy inviting bar and dining room which lead through the large glass doors into the beautiful 1500 sq ft covered and heated patio that can be used all year, regardless of weather conditions. Past the open kitchen, the large private dining room provides opportunity for groups to up to 100 people with sit down events and up to 150 for standing cocktail parties. The total space is 5,500 sq ft. The large open fully equipped kitchen is designed to maintain and output a large volume of service. A 17- and 10-foot, type 1 hood with fire suppression system, salamander, 2 convection ovens, 16 burners stove, and a separate 6 burner stove, double basket deep fryers, a flat grill and many under counter refrigerator drawers + sandwich stations, food warmer, 2 double door and 1 single door freezer, 2 ice cream freezer, bread drawer warmers, ice machine, mop sink and so much more. Employee break area with 32 space lockers, lots of storage space for the restaurant and catering. The back storage space has its own roll up garage door for a catering van to pull in. The bar has 2 well station, glass washer, 2 3-door and 1 2-door reach in refrigerator. Aloha POS system has 3 terminals. Historically, this business has 18 years of high-quality food and service reputation with every year being highly profitable, right from the beginning. The landlord is ready to negotiate a long new lease with excellent terms to an experienced, qualified new restaurant owner. 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 will send you the historic financial information, current lease & comprehensive 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

  • OrganizationContact For Info
  • Established2002
  • Current Owner2002
  • Employees70
  • Reason For SaleRetirement

Facilities

  • SeatingContact For Info
  • Square Feet5500
  • ParkingStreet, Parking lot next door , Valet
  • LicensesHealth, Type 47 Liquor Licence
  • Open HoursCurrently Closed w/Covid Lunch/Dinner Previously

Lease

  • Rent$16,593 + $5,341.66(NNN)
  • ExpirationContact For Info
  • Yearly IncreaseContact For Info
  • OptionContact For Info
  • DepositContact For Info

Financials

  • Monthly Revenue$316,829
  • Monthly Cash Flow$24,853
  • Annual Revenue$3,801,957
  • Annual Cash Flow$489,494
  • Payroll$$101,959

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.

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