Posting Details

Restaurant With ABC License For Sale - Sacramento

Bargain Price $99,000 - Absolute 'Turn Key' Sacramento Midtown Restaurant with Show Kitchen & Patio.

RRC#: 3149
Asking Price: Offered at $99,000
Location: Sacramento
Annual Revenue: $550,000
Annual Cash Flow: $50,000
Monthly Rent: 3450 Inc NNN

Listing Description:
This 65 seat 'turn key' restaurant is located at a busy restaurant sector in the center of midtown Sacramento. The owner is semi-absentee with his other restaurant in San Francisco. All the staff are in place with good revenues and provable cash-flow. Price to sell at $99,000 complete with ABC type 41 beer and wine license. The owner will train the buyer to successfully operate the business. Open evenings only and closed on Mondays, there is huge scope to increase business. The rent is only $2.10 per sq ft at $3,450 per month including NNN, which is very low for this high profile location in Midtown and the lease has a further 10 years remaining. There is a fully equipped show kitchen with a 10ft Type 1 hood and fire suppression system, 6 burner stove with oven, large broiler, double deep fryer and steam table plus refrigerated worktops, shelving and prep area. Back of house area with 3 compartment sink, upright fridge and freezer, dishwasher machine and ample sized storeroom. The beer and wine bar seating 6 and overlooks the dining room with it's modern decor, hardwood floor and custom wood tables and chairs. The whole space feels like a modern, trendy Sacramento restaurant & is extremely comfortable. Outside, the 2 patio areas seat a further 18 under large umbrella's and metal furniture. Fully ADA compliant bathrooms complete this ready to move in restaurant with it's enviable location. Please complete the Non Disclosure Agreement' on our site and we will send you the name and address with the financial information, lease & the full list of equipment included with the purchase. We'll also send you the Broker's contact information so you can discuss this opportunity in more detail.

General Information:
Organization: Contact For Info
Established: 2000
Current Owner: 2015
Employees: 10
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $45,833
Monthly Cash Flow: $4,166
Annual Revenue: $550,000
Annual Cash Flow: $50,000
Payroll: $10,989
Monthly Revenue: $45,833
Monthly Cash Flow: $4,166
The listing # 228006 Restaurant With ABC License - Sacramento below is currently OFF THE MARKET due to that it is either in escrow at this time or has recently been sold. For more businesses for sale that are like this Restaurant With ABC License in Sacramento please see a sample of BizBen active listings below and links to all similar listings on BizBen.com.

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