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  • RE:  Prime Downtown Restaurant/Venue Opportunity
  • Contact:  Steve Zimmerman
  • License #: 1310250

Quick Facts

Asking Price: $150,000
Annual Revenue: $354,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2021
Employees: Not Disclosed
BBN Listing #: 938712
Broker Reference #: 4681

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Business Overview:

Prime Downtown Restaurant/Venue Opportunity Near Chico State University RRC# 4681 Location: Chico Description: TURN KEY & READY! This is an excellent opportunity for a buyer to take over the premises, acquire the equipment, ABC beer & wine license, and assume a very favorable lease, rent terms and options. The restaurant has a large dining room with bench seating, 50+ chairs and 20+ tables. There are two banquet rooms and a bar with a stage area currently used for music, comedy, and a variety of performances. The maximum seating capacity is 135. There is 4,936 square feet of restaurant space, with lots of rooms for storage, offices, etc. Full kitchen includes 15-foot type 1 hood with Ansul fire suppression system, ice machine, 2 freezers, stainless steel worktables, 12" stove top burner x2, double deck convection oven 38", sandwich prep fridge 60", sandwich prep fridge 72", 60" griddle & chef base fridge 72" x2, Beverage Air 48" back bar fridge, 54" solid door reach in fridge, Jackson dishwasher, sinks, stainless tables,, triple tap kegerator, glassware, Community sound system, POS, tables & chairs and more. Restaurant offers delicious dining, takeout, and delivery to Chico, CA. Great for tourists and locals alike. A recent

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Property Features and Assets:

Facilities:

Square Feet: 4,936 

Seating: 135 

Parking: Downtown 

Licenses: Health, business, ABC 41 beer and wine license

Days/Hours of Operation: Contact for Info

Market Competition and Expansion:

General Info:

Ownership: Corporation 

Established: 2021 

Employees: Contact For Info 

Reason For Sale: Other Interests

Monthly Rent: $3,485 +nnn 

Expiration: 09/24 plus 5 year

Reason for Selling:

Other Interests

Additional Details:

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

Documents:

Relevant Links:

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