Fully Equipped 'turn Key' Spacious 2000 Sq Ft Downtown

Sacramento, CA (Sacramento County)

Fully Equipped 'turn Key' Spacious 2000 Sq Ft Downtown

Asking Price:$75,000

Cash Flow:N/A

Gross Revenue:$300,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:N/A

Fully Equipped 'turn Key' Spacious 2000 Sq Ft Downtown

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Business Description

Fully Equipped 'turn Key' Spacious 2000 Sq Ft Downtown

Fully Equipped 'turn Key' Spacious 2000 Sq Ft Downtown Mexican Restaurant In Excellent Condition.

RRC#: 2562
Asking Price: $75,000
Location: Sacramento, Sacramento, California
Yearly Revenue: $300,000
Yearly Cash Flow: Contact for Info
Monthly Rent: $3,000

LISTING DESCRIPTION:
In the same family ownership since 1969 this restaurant business is ready for new owners to modernize the menu while advertising on social media. At $75k complete, this restaurant represents an excellent opportunity for a first time buyer or as an addition to seasoned owners and operators. Included with the sale is an ABC type 41 beer and wine license. The area is currently being developed with many new houses being built and new businesses moving into the neighborhood. The restaurant is fully equipped and ready for the increase in business a new motivated owner would bring. With it's classical decor which is in extremely good condition, this location should be a winner. Located on a major thoroughfare this restaurant enjoys a combination of booths and regular tables seating 60. The spacious kitchen has a 12 ft hood with fire suppression system, Flattop with oven, 6 burner stove with oven, 3 basket deep fryer and 2 salamanders. Ample refrigerated worktops and stainless steel surface with shelves along with 2 triple door fridges and a 1 door freezer completing the engine room line up. The back prep kitchen includes a slicer, large mixer, the dish wash machine, fridges, freezers and a 3 compartment sink. To receive full details of this opportunity please complete the ‘Confidential Information’ request at the top of this page and we’ll send you the name, address, financials & lease information. We will also send you the broker’s agent contact information so you can discuss in more detail.

GENERAL INFORMATION:
Organization: Corporation | Year Established: 1955 | Current Owner: 1969 | Employees: 8 | Seating: 60 | Square Footage: 2000 | Parking: Street | Licenses Required: Health, Business and ABC Type 41 License | Days Open/Hours: Sun - Friday 11am - 9pm Saturday 10am - 10pm | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $300,000 | Contact for Info

LEASE INFORMATION:
Monthly Rent: $3,000 | Lease Expiration: July 2017 | Lease Option: 5 Year Option | Security Deposit: 3000 |

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Steven D . Zimmerman CBB, CBI

Business Listed By:
Steven D . Zimmerman CBB, CBI

Restaurant Realty Company

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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