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For Sale: Moroccan Restaurant - Sacramento

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Current Status: In Contract     Posting #: 247924     Last Refreshed: 2/12/19     BRE License #: 01168790    
Contact: Tricia Bernhardt At 916-482-7979  -  Also Email This Contact Below
Price:  $85,000     Down:  Call     Adjusted Net:  Call     Revenue:  Call    
Business Address:  1833 Fulton Ave     City:  Sacramento     Zip:  95825    
Attributes:  Lifestyle, Training & Support, Asset Sale     Cooperation With Brokers?  Yes
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  Description About This Posting: Moroccan Restaurant
IN PURCHASE CONTRACT WITH BUYER
Offered as a Restaurant For Lease with Assets to Purchase.
This space operated as Marrakech Moroccan restaurant for over 29 years. The owner recently closed the restaurant due to Health reasons. He is open to the next owner operating with the Marrakech Moroccan restaurant concept and is offering the Restaurant Assets and Goodwill in place for $85,000. This space is also offered as a possible conversion to a different concept - assets price is negotiable.

The restaurant space is approx 2,800sf with an additional 1,100sf that is currently used for storage. We think that the "storage" space could be added to the dining space with an additional water/sewer impact fee. The 1,100sf space has it's own entrance/exit so it could also be converted to a retail space.

The restaurant has a full kitchen with a smaller Hood/Ansul. A Type 41 Beer & Wine license is currently in place.

The owner is offering a 5 Year lease term with excellent rent at only $.78/sf + NNN. Property Taxes are $6,098/yr. Building Insurance is approx $2,000 - $3,000/yr. All Utilities are paid by Tenant. Total Rent is $5,667/month. Landlord will consider Tenants with Restaurant or Retail Industry Experience Only.

Interested? Please contact us for an Assets List and more details.

We look forward to talking with you!

To get more information about this Moroccan Restaurant 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 #247924 on BizBen.com. In addition to phoning Tricia Bernhardt, make sure you email Tricia Bernhardt above to get more info about this Moroccan Restaurant, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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