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Folsom, CA Restaurants For Sale

4 Folsom, CA Restaurants For Sale Found.

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Asset Sale Former CHOPS Restaurant & Bar in Palladio Center
$175,000
Asset Sale Former CHOPS Restaurant & Bar in Palladio Center

Folsom, CA

We are pleased to offer this beautifully designed and fully equipped Restaurant and Bar to continue turn-key with its current identity or offered as a ready to go conversion. Chops Folsom closed in the end of June 2016 but all the F&E and the Full Liquor License are still in place. The restaurant represents an incredibly cost effect entry into a high identity upscale retail location that attracts affluent customers from the surrounding area. The Palladio center is well known for having top tier retail tenants and restaurants and it acts as a cultural center for the community with year round events. Chops Folsom was built-out and equipped with an investment of $1.2M just a few years ago with high quality design elements and fixtures throughout. The 5000sf space features an exhibition style kitchen, beautifully designed full liquor bar and casually elegant dining area. The interior is strikes a tasteful balance between modern design and comfortable elegance and is suitable for an easy conversion to any concept. The enclosed licensed patio offers customers another beautiful seating option with shade and twinkle lights. The kitchen is fully equipped with a large hood/ansul, double walk-ins and all the equipment a professional chef would need. The restaurant is fully staffed and there is a great team in place in place in both the front and back of the house. There is a lease through Jan 2022 and two 5 year options with scheduled rent. The landlord has some minimum financial and experience requirements so please call us to discuss your background and interest. We look forward to talking with you about this exciting opportunity for an experienced restaurateur!

Award-Winning Restaurant in Sacramento - No Experience Required!
Cash Flow: $309,408 Seller Financing
Award-Winning Restaurant in Sacramento - No Experience Required!

Sacramento, CA

This is a "once in a lifetime" opportunity to acquire an exceptionally well-run Sacramento restaurant located in the heart of the city within walking distance of the Golden 1 Center, new home of the Sacramento Kings NBA franchise. The highly anticipated opening of this state-of -art arena in the Fall of 2016 is expected to draw an additional 1.6 million new visitors annually to the Mid-Town/Downtown area. This franchise is unusual in that it does not require restaurant experience to operate. Moreover, is already seeing a surge in business activity this year and management expects a record year for revenues. With numerous prestigious awards, this location is truly one of a kind in all of Sacramento with virtually zero direct competition. - Ample parking, both street and adjacent covered structure. - Very attractive lease up to the year 2023. - ABC Type 47 Liquor License (100+ wine/spirit list plus beer). - Strong customer loyalty (close to 20,000 enrolled in loyalty program). - Delicious/innovative/fun menu creates a "must visit" restaurant experience. - Sustainable business with many "green" cost-saving initiatives. - Full and ongoing support in addition to current owners transition. - Open 7 days a week. - SBA financing eligible. - Semi-absentee/Absentee ownership possible. 2015 revenue: $2.2M 2015 Sellers Discretionary Income: $309,408 Operating margin: 14.3% Interested parties are required to complete a legally binding Confidentiality Agreement. A Confidential Business Review will then be emailed with complete restaurant details. If necessary, financial and credit information may be requested for buyer qualification. Contact persons: Ritchie Labate (916) 358-9115 Jeffrey Potts (916) 673-9778 Gold Country Advisors of Folsom

Thai restaurant with great decor and design
$200,000
Thai restaurant with great decor and design

Folsom, CA

Handsomely built Thai restaurant with nice decor and ambiance. One of the better Thai places in Folsom in terms of ambience and food quality. Located in a good office/shopping complex with ample parking. There is full kitchen with type 1 hood/ 2800 square feet/ $7000 rent

Fifty Grand Steakhouse & Bar with Large Commercial Property
$799,000 Seller Financing
Fifty Grand Steakhouse & Bar with Large Commercial Property

Pollock Pines, CA

This Restaurant and Property Sale includes 1.25 acres of property in the business hub of beautiful Pollock Pines. The city has both year-round residents and a steady stream summer and winter tourists who flock to the area to enjoy the foothills life style with tall pines and plenty of outdoor recreation. Pollock Pines is only about 40 min away from Folsom and Sacramento and about an hour to South Lake Tahoe. The Fifty Grand Steakhouse is the perfect stop when traveling because of its easy access from Hwy 50. It has a long reputation as a local fixture with a large following and it is loved by tourists and locals alike. Many families have a tradition of ending their summer camping trips with a nice dinner at Fifty Grand before heading home. The Fifty Grand is known for its classic steakhouse menu and patrons enjoy the full liquor bar which also highlights wine selections for EL Dorado County Wine Country' s 50 + wineries. The restaurant is approx 6850sf of an 8050sf building. Dining and bar capacity of approx 160 plus large private banquet room. There are two fully outfitted kitchens, each with a large Hood and Ansul, which allows for high volume production busy weekends and banquets. A valuable El Dorado County Full Liquor Type 47 License is included in the sale. The 1.25 acre property includes two buildings and other tenants and rental income. There is a .40 acre property zoned for residential use adjacent that is also available for a small additional cost if an owner wanted to live close to their restaurant. This property already has a water meter and is ready to build or ready for a prefab home. The Fifty Grand Steakhouse has operated in this location since 1965. It is a well-known destination for visitors in the area so there is plenty of goodwill for the next owners to tap into. The owners are very pleased with their long term success but the time has come to prepare for retirement and pass the business on to new owners. Seller financing is available to well qualified buyers! The Sellers are offering terms with $500,000 cash down + $299,000 Seller’s Note @ 6% interest amortized over 10years due in 5 years. This is a semi-confidential listing so you must complete a Confidentiality Agreement/NDA form in order to request financials. Tours must be arranged with the Broker and are by Appointment Only. Please DO NOT DISTRUB the restaurant or the tenants at the property. We look forward to talking with you about this exciting opportunity!