Business Overview:
Here is a rare opportunity to get in the well known buffet restaurant in prime location in the Sacramento metro area. This business has become for sale after a short periods of ownership so that the owner needs to focus on the newly found larger scale opportunity not to be missed out. The original build out costs were millions dollars and equipment and tenant improvements have been consistently updated and well maintained.
Over 5,000 square feet of spacious premises can accommodate large groups of customers at the same time. During the past 3 months, business has generated over $430,000+ in sales and is profitable (Annualized Sales $1.6 million and Net $110,000).
This is a steal and won’t last at an incredible price of $295,000 to get on in the cash cow machine even with the greater growth potential. There is no better location strategically sited like this where is well mixed with lots of modern office complexes, amusement park, bicycle Trail Park, major medical centers, fine shopping centers, theaters, schools, colleges as well as surrounded by upscale residential neighborhood and easy access from freeways.
Buyer must be qualified by submitting resume, financial statement and NDA(Non-Disclosure Agreement) prior to disclose further details and for viewing. Even seller financing may be available to qualified buyer with substantial down payments.
Please contact Sam Choi for more information.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Other opportunity
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: