Business For Sale

Inconceivable Under Market Rent/great Concept

Sacramento, CA
Sacramento County


Asking Price: Annual Revenue:
$1,500,000 $1,200,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Inconceivable Under Market Rent/great Concept Broker: Steve Zimmerman

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $1,200,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 909911533
Broker Reference #: 3047

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Business Overview:

Event Restaurant/Sports Bar/Entertainment Venue with Full Bar and multiple specialty spaces is looking for a new owner or an investor. Complete with full kitchen and small walk up kitchen to outside. Location is unheard of so for many local activities, all within short walking distance. A corporate chain restaurant could capitalize on the extremely under-market rent in this desirable area. With Minor changes the concept could be built upon or made anew. You have to see this space to be able to grasp the enormity of it. If you are an investor then most of the work is already done for you. For an $800,000 investment you could be a managing partner working with the highly experienced current working owner who is willing to put together a plan that works for you both. This partnership could be silent, part time or full time. Superb basis to build from. Fill out the NDA at the top of this page to get more information and to speak to the listing agent. RRC#: 3047

GENERAL INFORMATION:
Organization: Corporation | Year Established: 2016 | Current Owner: 2016 | Employees: 15 | Seating: 200 | Square Footage: 8500 | Parking: Parking Lot | Licenses Required: Type 47 Liquor license/Health/Business | Days Open/Hours: M-W 12pm- 11pm/ Th-Fri 12pm-1am/Sat 11am-2am/Sun 11-11 |

FINANCIAL INFORMATION:
Yearly Revenues: $1,200,000 | Ask AgentPayroll: $30,000

LEASE INFORMATION:
Monthly Rent: $7,600 + NNN | Lease Expiration: 8/31/19 | Yearly Adjustment: $1,000 | Lease Option: (3) 5 year options | Security Deposit: $8,600

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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