Downtown Bar & Restaurant with Event Space

Sacramento, CA (Sacramento County)

Dining room with great lighting!
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Asking Price: N/A

Cash Flow: N/A

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Inventory: N/A

Rent: $4,850 /Month

Established: N/A

Downtown Bar & Restaurant with Event Space

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Business Description

Restaurant and Bar for Lease in a desirable Downtown Sacramento location.
This 10,000 sf +/- restaurant and bar enjoys a prime spot adjacent to the Best Western Sutter Hotel. This area is in the transition zone between the Downtown business and entertainment district and the Mansion Flats residential neighborhood, so it has a great mix of both commercial and residential population to draw from.
The restaurant is within walking distance of entertainment venues including Cesar Chavez Park (with its popular Summer Concert Series and other events (2 blocks), the Sacramento Convention Center (3 blocks), and the Sacramento Theater Company Wells Fargo Pavilion (2 Blocks).

This spacious Restaurant includes a fully equipped High-Volume Kitchen, Dining Areas with brick accent walls, & Full Bar. Use of the Furniture and Equipment in place is included with the Lease.
The Restaurant also includes a banquet space on the 2nd level which is perfect for receptions, social events, business meetings, and entertainment. There is an onsite elevator for access.
Customers have parking options in the shared Hotel parking lot, street parking, garages and Light Rail nearby.

Besides the daily lunch and dinner business, there is a night life element in the area to tap into. The location was a popular music venue for many years and most recently operated as a bar & grill and event venue.
Best Western Hotel guests are a source of business for both individual dining, limited room service, and events. Hotel Management is looking forward to working with the restaurant owner for mutual benefit and cross-marketing. Minimum operating hours are Monday - Friday 11 am - 9 pm.
While this opportunity represents a low cost of entry, the occupant should be well capitalized and experienced with full-service restaurant management, and ideally should have bar and event management experience as well.
This For Lease Space represents an opportunity to save the substantial initial investment ($200+/- PSF) required to create a restaurant of this type. The next operator may choose to do some minor modification to establish a new concept, but the expensive improvements and fixtures are already in place. A Type 47 ABC license may be available to purchase, or the timing may be perfect for the ABC lottery coming up.

Proposed Lease Terms: 10 year term + Two 5-yr Options (negotiable).
Rent: $3000 base + NNN = Total Rent $4,850 + Percentage Rent on sales over $75k/mo.
Security Deposit: $15,000

Interested? Please contact the Broker to request additional details.
Tours are available by appointment only with the Broker. Please Do Not Disturb the Hotel staff.
We look forward to talking with you about this exciting opportunity!

Detailed Information

Sacramento, CA
Real Estate:
Building SF:
Lease Expiration:
10,000sf Restaurant & Bar for Lease in desirable Downtown Sacramento. Fully equipped High-Volume Kitchen, Dining Areas & Full Bar. Upstairs Banquet/Event Space with elevator. Total Rent $4,850 + Percentage Rent. Security Deposit $15k.
Great Downtown Location near entertainment venues, Govt and Private Offices, and desirable neighborhood residential. Adjacent Hotel provides built in clientele too!
Growth & Expansion:
Sacramento County Type 47 Full Liquor License may be available for Purchase.
Support & Training:
Landlord requires previous Restaurant and Bar Management Experience. Not suitable for a 1st time buyer.
Reason for Selling:
End of Lease
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Tricia Bernhardt

Business Listed By:
Tricia Bernhardt

Restaurant eXchange

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB).

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