Profile: Ethnic Restaurant Or Convert - Good Location.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Tricia Bernhardt, Broker
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| Primary Phone: |
916-482-7979 |
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| Alternate Phone: |
None Given |
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| DRE Number: |
01168790 |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
10/21/09 |
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| Date Last Revised: |
11/19/09 |
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| BizBen Ad #: |
149637 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$29,000 |
| Down Payment: |
$29,000 |
| Annual Revenue: |
Call |
| Annual Adjusted Net: |
Call |
| Price Range: |
$0 to $100,000 |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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This Small To Mid-Sized Restaurant Is Perfect For An Owner Manager Or Family Operation, And It Is Priced To Sell In Today’s Market. The Restaurant Has Been Known As A Popular Ethnic Restaurant For The Past Seven Years. It Is One Of Only Two Restaurants Of Its Kind In The Area And It Has Received Excellent Reviews From Local Food Writers. The Sale Includes The Name, Recipes, Inventory, And Training Should The Next Owner Desire To Continue Offering The Current Cuisine, But We Expect That Most People Will Change The Concept So The Restaurant Is Priced Accordingly. At 1,400 Square Feet With Seating For 49, It Is A Manageable Size But Is Large Enough To Generate Good Revenue. The Next Owner May Also Want To Consider This Location For A Combination Catering/Restaurant Business Since The Kitchen Has Plenty Of Prep Area And The Rent Is Very Reasonable. This Restaurant Is Located In Sacramento County, Within The Area Known As Arden Arcade, Which Includes The Corridors Of Arden Way, Watt, Howe And Fulton. This Area Is Well Established And Densely Populated, With Nearly 100,000 Occupants And A Good Mix Of Both Residential And Commercial Development.
The Restaurant Is Owned By A Couple, With The Wife Working Full-Time In The Restaurant And Her Husband Fully Occupied Outside Of The Business. The Restaurant Responsibilities Make It Difficult To Care For Their Three Children, Plus They Need The Flexibility To Move Out Of The Area To Take Advantage Of The Husband’s Career Opportunities.
Occupies: Approx. 1400 SF. Retail Center At Fulton & Alta Arden
Lease: Term Through April 2011 With One 5 Year Option. Rent
Is 1702 Per Month And Cam Averages About 732.
Seats: 49 In Dining Arear
Staff: Two Working Owners. No Employees
Hours: 11 AM - 9 PM Monday - Saturday. Closed Sunday.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Tricia Bernhardt, Broker at 916-482-7979 Non Disclosure Agreement |
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