Inconceivable Under Market Rent/great Concept/corporate Opportunity

Sacramento County, CA

Inconceivable Under Market Rent/great Concept/corporate Opportunity
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Asking Price: Get Financing: $1,500,000

Cash Flow: N/A

Gross Revenue: $1,200,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Inconceivable Under Market Rent/great Concept/corporate Opportunity

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Business Description

Inconceivable Under Market Rent/great Concept/corporate Opportunity Or Investor

RRC#: 3047
Asking Price: $1,500,000
Location: Sacramento County, Sacramento County, California
Yearly Revenue: $1,200,000
Yearly Cash Flow: Ask Agent
Monthly Rent: 7600 + NNN

LISTING DESCRIPTION:
Event Restaurant/Sports Bar/Entertainment Venue with Full Bar and multiple specialty spaces is looking for a new owner or an investor. Complete with full kitchen and small walk up kitchen to outside. Location is unheard of so for many local activities, all within short walking distance. A corporate chain restaurant could capitalize on the extremely under-market rent in this desirable area. With Minor changes the concept could be built upon or made anew. You have to see this space to be able to grasp the enormity of it. If you are an investor then most of the work is already done for you. For an $800K investment you could be a managing partner working with the highly experienced current working owner who is willing to put together a plan that works for you both. This partnership could be silent, part time or full time. Superb basis to build from. Fill out the NDA at the top of this page to get more information and to speak to the listing agent.

GENERAL INFORMATION:
Organization: Corporation | Year Established: 2016 | Current Owner: 2016 | Employees: 15 | Seating: 200 | Square Footage: 8500 | Parking: Parking Lot | Licenses Required: Type 47 Liquor license/Health/Business | Days Open/Hours: M-W 12pm- 11pm/ Th-Fri 12pm-1am/Sat 11am-2am/Sun 11-11 |

FINANCIAL INFORMATION:
Yearly Revenues: $1,200,000 | Ask AgentPayroll: $30000 |

LEASE INFORMATION:
Monthly Rent: 7600 + NNN | Lease Expiration: 8/31/19 | Yearly Adjustment: 1000 | Lease Option: (3) 5 year options | Security Deposit: 8600 |

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Steven D Zimmerman, CBB, M&AMI, CBI, FIBBA

Business Listed By:
Steven D. Zimmerman

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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