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PRICE REDUCED! Long Established Restaurant & Bar with Type 47 Hard Liquor License and Open Kitchen., RRC#2282

$250,000

Business For Sale Details

Updated on October 17, 2019 at 8:48 pm

  • Property ID: RRC#2282
  • Price: $250,000
  • Building: 2500 Sq. Ft.
  • Type: Bars, Restaurants, Restaurants, Food & Beverage
  • Status: Business For Sale
  • Revenue (Annual): $500,001-$1,000,000
  • Cash Flow (Annual): $50,001-$100,000
  • Payroll (annual): $264,000
  • Rent: 6231 Inclusive
  • Lease Expiration: 2022
  • Year Established: 1994
  • Organization: Corporation
  • Reason For Sale: Other Interests
  • Employees: 24
  • Revenue (Yearly): $900,000
  • Cash Flow (Yearly): $96,000
  • Days/Hours of Operation: Mon - Thurs 11.30am - 9.00pm Fri 11.30am -10.00pm Sat 4.00pm - 10
  • Seating: 83 + 16 Patio
  • Parking: 50+
  • Licenses: Health, Business and ABC Type 47 License
  • Lease Security Deposit: 3,250
  • Lease Options: Two 5 year options

Description

Long established, great reputation and absolutely ”Turn Key” Sacramento restaurant and bar opportunity with Type 47 Hard Liquor License. 22 years in the same ownership and now on the market for the first time since 1994. A super LOW LEASE with 16 years still remaining at this sort after location on a busy Central Sacramento junction. This is a quality built restaurant with it”s casual open dining room, open kitchen & industrial style ceiling which makes for a modern ambience. There is an extremely valuable Sacramento County ABC Type 47 hard liquor license included with this sale. The bar is situated to one side of the restaurant with it”s 10 bar stools with TV, liquor shelves and Espresso machine. The dining room and bar area with 27 dining tables seating 73 + 16 patio chairs, 10 bar stools, 4 door 5 keg cooler, ”Vinotheque” wine cooler, Oak cabinetry back bar displaying the wine and liquor and a large flatscreen TV. The modern Kitchen is equipped with a 16ft s/s hood with fire suppressant system, Italian pizza oven, ”Hobart” large mixer, ”US Range” 12 burner stove and ovens, ”Wolf” Oven, ”Petco” 35lb deep fryer, a 5ft & 4ft upright freezers, ”Berkel” slicer, ”Manitowoc” 540 pound ice machine, ample fridge worktops and s/s prep tables, sinks, a walk-in and large dish wash area with corner machine. The current menu items include house made pasta, fresh seafood, quality meat and pizza. The owner will provide ample training and handover period for buyers to be able to take over this business and enjoy a profit from day 1. Complete the ‘Confidential Information’ request at the top of this page and we will send you the name, address, financials & lease for this business. We will also send you the broker contact information so you can discuss this opportunity in more detail.

Business For Sale Location:

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

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