Share This Info:  
BizBen Posting Details

For Sale: Restaurant And Bar - Asset Sale - Sacramento

Save This Posting    Share This Posting    My Notes    NDA    Print    Monitor    Report    Add A New Posting

Current Status: Active     Posting #: 246057     Last Refreshed: 5/7/19     BRE License #: 01168790    
Contact: Tricia Bernhardt At 916-482-7979  -  Also Email This Contact Below
Price:  Negotiable     Down:  $50,000     Adjusted Net:  Call     Revenue:  Call    
Business Address:  1015 9th St     City:  Sacramento     Zip:  95814    
Attributes:  Lifestyle, Training & Support, Asset Sale     Cooperation With Brokers?  Call
Sacramento Restaurant And Bar - Asset Sale Business For Sale

  Email Tricia Bernhardt Below About This Posting
Your Name:
      Your Email:
      Your Phone:
Your Questions And Message To Tricia Bernhardt: 

No Spam
For Best Results & Response, Email & Phone This Contact: Tricia Bernhardt at 916-482-7979.

  Description About This Posting: Restaurant And Bar - Asset Sale
We are pleased to offer this opportunity to acquire a fully built-out restaurant within the heart of thriving Downtown Sacramento.

This 4,100 sf +/- restaurant and bar enjoys a prime spot within walking distance to the Downtown Arena and is situated between the busy J Street corridor and 'The Kay' dining district, an area which is home to many of the area's most popular and successful restaurants and bars.

The restaurant formerly operated as 'Blackbird' and for a short time as 'Bar Rouse' before closing permanently in late 2017. While this opportunity represents a very low cost of entry, the buyer must be both experienced and well-qualified financially in order to qualify as a replacement tenant for this sought-after downtown location.

As a conversion, with the expensive and required improvements, fixtures, and permits already in place, the next occupant will save many months of time on plans, permits, construction, and inspections, along with the substantial initial investment ($2.00+ PSF) required to build-out a restaurant of this quality and size. With a strong business plan, there is flexibility for the next concept. This location has a great mix of both commercial and residential population to draw from. In addition to lunch and dinner business, there is a night life element in the area to tap into. The restaurant is within walking distance of entertainment venues including Cesar Chavez Park where the Downtown Association hosts a popular Summer Concert Series (1 block), the Sacramento Convention Center (3 blocks), and the new Golden 1 Center Downtown Arena (2 1/2 blocks). In addition to street parking, Garages and Light Rail are nearby.

Facility: 4,100sf +/- occupying two levels (approx 2,800sf downstairs + 1,300sf loft/upstairs) and basement.
Occupancy X Interior. No dedicated parking.
Rent: Offered Rent at $1.71sf + approx $.25sf NNN = $7,000/mo base + $1,025/mo NNN = Total Rent $8,025/mo. If Tenant's use requires an Entertainment Permit, the proposed rent shall be $2.00sf + NNN.

Terms: Offering 3-year initial Term with 3% annual increases and 5-year Option to extend at FMR. All permanently attached fixtures remain property of the Landlord, including the Hood System, Walk-Ins, Sinks, Bar and Bar Fixtures. Use of the Furniture and Equipment within the premises is included with the Lease or it is offered for sale @ $50,000 (excluding the permanently attached fixtures). See FF&E List for full details. Security Deposit is 3 Months' Rent (deposit amount subject to change based on Tenant's qualifications). No Tenant Improvement Contribution is offered.

Interested? Please contact us for more information and to arrange site tour!

To get more information about this Restaurant And Bar - Asset Sale business for sale in Sacramento please phone Tricia Bernhardt (Broker - BRE License #:01168790) at 916-482-7979 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #246057 on BizBen.com. In addition to phoning Tricia Bernhardt, make sure you email Tricia Bernhardt above to get more info about this Restaurant And Bar - Asset Sale, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

  Related Links And Information Regarding This Posting
Notes
My Posting Notes


  Helpful Resources To Assist In Selling And Buying California Businesses

Mike Brewer: Liquor License Brokers, ABC Consulting Services

Liquor license brokerage and consulting services. We provide: Alcohol License Transfers Application Consulting & Processing, Liquor License Purchases & Sales, City Zoning Permits & Land Use Entitlements, Public Convenience or Necessity Findings and Letters. Phone Mike Brewer direct at 800-437-1100.

Peter Siegel, MBA - SBA Loans, Non SBA Financing Assistance

For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.

Diane Boudreau-Tschetter: Escrow And Bulk Sale Services

California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.

Joe Sandbank, Esq. - Legal Services

I have provided legal counsel to business buyers, sellers and brokers for over 17 years. With prior experience as a business broker and SBA loan officer, Joe brings both a practical and legal approach to all aspects of the business acquisition process.

Mark Chatow, Esq.: Legal Services For Buying, Selling Businesses

Mark has a broad range of small business purchase & sale experience from analyzing potential acquisition targets to successfully guiding buyers and sellers through the purchase & sale of small businesses. Mark can assist with contracts, negotiations, legal matters, etc. Reach Mark at 949-478-8393.


  Related Articles, Events, Blog Posts, Discussions, Videos, Interviews

Don't Buy A Restaurant Without Checking The Competition - Key Buying Tips

Looking to buy a restaurant business? Check out these tips first to avoid getting blindsided when you buy any type of small or mid-sized California restaurant. Peter Siegel, MBA (BizBen's ProBuy & ProSell Programs & Restaurant Purchase Financing Expert) at 866-270-6278 covers this topic for buyers.

Buying A Restaurant Can Be Challenging: 3 Key Tips For Restaurant Buyers

People always need to eat; there should be plenty of business. Some buyers think there is prestige to owning a popular eating establishment. But it isn't an easy purchase. Peter Siegel, MBA (Business Purchase Financing Expert, ProBuy & ProSell Program at 866-270-6278) reviews this topic.

Buying A Restaurant With Financing: 5 Options For Restaurant Business Buyers

In this Discussion, Peter Siegel MBA (Business Purchase Financing Advisor at 866-270-6278) discusses financing of purchasing a small to mid-sized restaurant business (with or without real estate). When it comes to financing a restaurant, potential restaurant buyers have many options to choose from.

Tips From A Restaurant Broker - Check A Restaurant For Karma Before You Buy

Jeff Back (925-736-8200), a SF Bay Area broker specialist who specializes in selling restaurants discusses what he looks for when sizing up a potential restaurant for sale. Do the restaurants you're thinking of purchasing have good Karma? See Jeff's insights into this topic on restaurant karma.

Why Restaurant Buyers Typically Fail: Best Pro Tips For Buying A Restaurant

Buying a restaurant (no matter what type) can have many pitfalls, and potential restaurant buyers should know how to avoid getting burned! Several restaurant intermediaries and advisors weigh in on this BizBen Discussion about the best way to find, purchase and run a restaurant successfully!

How Many Listings Is Too Many For One Broker To Handle? Is It 5? 10? 20?

Peter Siegel, MBA in this Vlog/Podcast discusses how many listings is too many for one business broker to handle at one time. Is it 5 is it 20? I recently had a coaching call with one of my BizBen broker clients who asked that question this week. There are many factors that go into the answer.

BizBen Index: Weekly Results - 274 California Businesses Sold 5/21 - 5/25

For the week of 5/21 thru 5/25, 274 California small businesses were sold by business owners, business brokers, and agents. In 2017 16,956 CA small businesses were sold. So far this year (2018) 3,896 small to mid-sized California businesses have sold so far by business owners, agents, and brokers.

Why Isn't My Business Selling? 6 Great Questions To Ask Yourself For Answers

It can take months, sometimes longer to sell a small business. Here are 6 questions from Peter Siegel, MBA (Business Purchase Financing Expert, ProSell Program Advisor with BizBen) at 866-270-6278 to ask yourself to help you determine why your small to mid-sized California business isn't selling.

See All News, Tips And Events


Close
Michael Brewer, ABC License Consultant
Business Purchase Financing SBA Loans
BizBen Podcasts Live
Joe Sandbank
Facebook
Twitter
Linkedin
Google Plus You Tube
Vlogs and Podcasts
Live Podcasts On BizBen
Liquor License Brokers And Consultants
Business Purchase Financing Assistance And Loan Placement


Auto Related
Business Services
Children Related
Communication Related
Computer, Internet Related
Construction Related
Entertainment Related
Financial Services
Health, Beauty Related
Home Improvement Related
Maintenance Related
Manufacturing Related
Media, Publishing Related
Pet Related
Photography/Video Related
Real Estate Services
Restaurant, Food Related
Retail Related
Service Related
Sports Related
Transportation Related
Travel Related
Wholesale Related

Auto Body Shops
Auto Repair Shops
Bakeries
Bars, Sports Bars
Cafe Restaurants
Car Washes
Cleaning Services
Clothing, Apparel Stores
Coffee Shops
Convenience Stores
Deli Restaurants
Discount, Dollar Stores
Dry Cleaners
eCommerce Websites
Fast Food Restaurants
Florists, Flower Shops
Full Service Restaurants
Gas Stations
Gift Shops
Gyms, Fitness Facilities
Home Health Agencies
Hotels/Motels
Ice Cream Shops
Juice, Smoothie Shops
Laundromats
Liquor Stores
Markets, Marts
Nightclubs
Pizza Restaurants
Postal, Shipping Stores
Preschools, Day Care
Print Shops
Salons, Beauty Shops
Sandwich Shops
Smog Test Only Shops
Smoke Shops
Spas, Med Spas
Sushi Restaurants
Tire Shops
Towing Services
Vending Routes
Wireless, Cellular Shops
Yogurt Shops

Alameda
Alpine
Amador
Butte
Calaveras
Colusa
Contra Costa
Del Norte
El Dorado
Fresno
Glenn
Humboldt
Imperial
Inyo
Kern
Kings
Lake
Lassen
Los Angeles
Madera
Marin
Mariposa
Mendocino
Merced
Modoc
Mono
Monterey
Napa
Nevada
Orange
Placer
Plumas
Riverside
Sacramento
San Benito
San Bernardino
San Diego
San Francisco
San Joaquin
San Luis Obis
San Mateo
Santa Barbara
Santa Clara
Santa Cruz
Shasta
Sierra
Siskiyou
Solano
Sonoma
Stanislaus
Sutter
Tehama
Trinity
Tulare
Tuolumne
Ventura
Yolo
Yuba

0 to $99,999
$100,000 to $249,999
$250,000 to $499,999
$500,000 to $999,999
$1 million to $2 million
over $2 million



BizBen - Where California Deals Get Done! 888-212-4747
7172 Regional Street #364 · Dublin, CA. 94568
BizBen · Copyright © 1994 - 2019, All Rights Reserved

               Vlogs and Podcasts  
Join Us On Social Media - Content Updated Daily
Sign Up Today - For Our FREE BizBen Weekly Email Newsletter
Includes The Best Info On Buying, Selling, Valuing, Financing California Businesses:
Articles, Blog Posts, Podcasts, Videos/Vlogs, Discussions, Q&A, Workshops, Webinars,
Resources. Watch For An Email Confirmation After Signing Up Above. Thank you.
Clost Login


Please confirm your registration by clicking the link we've sent to .

If you can't see it, please check your junk mail folder.

If you have any problems registering, or need assistance with your new BizBen User Account please phone BizBen Customer Support at 888-212-4747.



First Name:*
Last Name:*
Email Address:*
Confirm Email:*
Create Password:*
Confirm Password:*
Phone:
(   
 


You Are A:
Individual
 
Intermediary
 

Email Address:
Password:
 
Search BizBen.com

500 New & Refreshed Detailed Postings Daily
Over 2500 Resources Available On BizBen
Since 1994. Where California Deals Get Done!
Buying A Restaurant Can Be Challenging: 3 Key Tips For Restaurant Buyers...
Read More News
Why Restaurant Buyers Typically Fail: Best Pro Tips For Buying A Restaur...
Read More News