A unique opportunity to lease a well-established restaurant and bar with extensive banquet facilities. Located in a high traffic area of Downtown Sacramento serving locals and tourists alike. Walking distance to the Old Sacramento Waterfront and Historic District, Downtown, Capital Mall and the Golden 1 Center which is the premier venue for concerts, conventions, sports and entertainment and the home of the NBA Sacramento Kings. This location is also walking distance to Sutter Health Park which will be the new home for 3 years for the MLB Oakland A's, with a capacity for 14,000 attendees. Also walking distance to the California State Railroad Museum, Crocker Art Museum and Tower Bridge. This business has been established for many years and does close to $3 million in annual sales and is very profitable. Only experienced operators with a strong financial situation will be considered. Financial and lease information will be discussed with qualified lessees.

General Info

  • OrganizationCorporation
  • EstablishedContact for Info
  • Current OwnerContact for Info
  • EmployeesContact for Info
  • Reason For SaleOther Interests

Facilities

  • Seating100+
  • Square Feet5,000+
  • ParkingStreet and parking lots
  • LicensesABC Type 47 (full liquor), Business
  • Open HoursContact for Info

Lease

  • RentNegotiable
  • Expiration5 years
  • Yearly IncreaseNegotiable
  • Option5 years
  • DepositContact For Info

Financials

  • Monthly Revenue Contact For Info
  • Monthly Cash FlowContact For Info
  • Annual RevenueContact For Info
  • Annual Cash FlowContact for Info
  • PayrollContact For Info

Financing

  • Down PaymentContact For Info
  • Note BalanceContact 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