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8am – 2pm – 2,000 Sq Ft Quick Service Restaurant – Low Rent – With Patio In Downtown Sacramento

Sacramento, Sacramento County, California, United States of America
$199,000

Business For Sale Details

Updated on March 25, 2020 at 8:58 am

  • Property ID: 3680
  • Price: $199,000
  • Building: 2000 sq. ft.
  • Type: Restaurants, Food & Beverage
  • Status: Business For Sale
  • Revenue (Annual): $250,001-$500,000
  • Cash Flow (Annual: $50,001-$100,000
  • Payroll (annual): $103,650
  • Rent: $3,000 Inc NNN
  • Lease Expiration: 2021
  • Year Established: 1980
  • Current Ownership: 2016
  • Organization: Corporation
  • Reason For Sale: Other Interests
  • Employees: 7
  • Revenue (Yearly): $400,000
  • Cash Flow (Yearly): $58,351
  • Days/Hours of Operation: 8.00am - 2.00pm Daily
  • Seating: 75 + 25 patio
  • Parking: street
  • Lease Security Deposit: $3,418
  • Lease Options: 5 year option

Description

8am – 2pm – 2,000 Sq Ft Quick Service Restaurant – Low Rent – With Patio In Downtown Sacramento

RRC#: 3680
Asking Price: Offered At $199,000.00
Location: Sacramento County
Annual Revenue: $400,000
Annual Cash Flow: $58,351
Monthly Rent: $3,000 Inc NNN

Listing Description:
This restaurant opportunity has been selected for the new easing of SBA reduced interest rates. It’s a corner location cafe/restaurant with low monthly rent of $3,000 for 2,000 sq ft restaurant with a wrap around front patio in busy downtown Sacramento. Seating for 75 inside with a further 25 on the patio. The efficient kitchen has a 6ft type 1 hood with fire suppression system, 4 burner stove with oven, 36″ grill and deep fryer with 2 counter tops, one refrigerated, double door fridge and 2 freezers. There are two dining rooms seating 75 (which allows for a private party room) and quick counter service ordering for fast and easy service. Hours are just 8.00am – 2.00pm daily with monthly sales of $35,000 and monthly profits in excess of $5,000. This is a nice business with limited hours which allows a new buyer to enjoy daytime opening only or open in the evenings to grow this already successful business and make it even more profitable. Priced at $199,000, this opportunity would suit a family or an experienced chef/restaurateur wishing to be their own boss. To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long term SBA loan solution please complete the ‘Non Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & full list of equipment included with the sale. We’ll also send you the Broker’s direct contact information so you can discuss this opportunity in more detail.

General Information:
Organization: Inc
Established: 1980
Current Owner: 2016
Employees: 7
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $33,340
Monthly Cash Flow: $4,863
Annual Revenue: $400,000
Annual Cash Flow: $58,351
Payroll: $8,638

Business For Sale Location:

  • Location: Sacramento, Sacramento County, California, United States of America
  • City / County: Sacramento
  • State / Province: California
  • Country: United States

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