Description About This Posting: Sports Bar And Restaurant
This is an amazing opportunity to own a sure shot cash cow
This sports bar is newly made with state of the art technology to run the business.
The bar was established in 2017 in a high traffic plaza.
Within 5 miles radius it caters to 208,721 population and 89001 households with a median household income of $57,726.
Traffic count on the street is around 20,437 vehicles a day as per 2017 data
As per data for 2019 approximate annual consumer spending in the 1 mile radius for food away from home and alcoholic beverage is around $9 million
As per 2018's account records
Net sales were $1,517,860.00
With gross profit of $711,682.00
And net profit of $448,016.00
The lease details are as per below
Sq ft = 3820 sq ft
Lease commencement from may 1st 2017
Lease end date april 30th 2027
Rent = $6260 from may 1st 2019 (+nnn)
Annual increase of 3%
Estimated initial nnn exposes were 0.35 per sq ft
With options to renew
All equipment and furniture is included in the price and inventory to be sold separately
Disclaimer: all info above is provided by the seller. Buyer and buyer's agent to verify the info. This is an exclusive right listing. Listing agent does not provide permission to anyone to market the listing without written approval from the listing agent. Failure to do so will bring legal repercussion to the offender. Data for households and traffic count as per third party websites, agent and broker don't claim any responsibility of the accuracy of the data.
To get more information about this Sports Bar And Restaurant business for sale in
Sacramento please phone Breeze Singh - BRE License #:01981870 at 916-995-9754 Cell and 916-529-3172 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #252403 on BizBen.com. In addition to phoning
Breeze Singh, make sure you email Breeze Singh above to get more info about this
Sports Bar And Restaurant, 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
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.
Assisting both sellers and buyers of businesses - dealing mainly with Liquor Stores, Grocery Markets, Gas Stations, Smoke Shops, Restaurant Related, Retail Related, Service Related. Serving SF Bay Area, North Bay, Sacramento area. Call Harry Sidhu, CBB for assistance at 510-366-6130.
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.
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.
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.
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