Price Reduced! Restaurant With ''low Low'' Rent

Rocklin, CA (Placer County)

Price Reduced! Restaurant With ''low Low'' Rent
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Asking Price: Get Financing: $350,000

Cash Flow: $214,200

Gross Revenue: $960,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Price Reduced! Restaurant With ''low Low'' Rent

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Business Description

Price Reduced! Restaurant With ''low Low'' Rent In Free Standing Building Located Rocklin/roseville

RRC#: 2486
Asking Price: $350,000
Location: Rocklin, Placer County, California
Yearly Revenue: $960,000
Yearly Cash Flow: $214,200
Monthly Rent: 7300 Inclusive NNN

LISTING DESCRIPTION:
This Tasteful Modern 4,300 sq ft Restaurant is for sale for the first time in 8 years. Located in the highly desirable Roseville/Rocklin district of the Sacramento Metro Area. This is a free standing building with ample parking and fabulous curb appeal. See Photo''s. The long lease runs until 2040, which is piece of mind and security with the rent at only $1.70 per square foot including NNN. This rent is extremely low for the area and for such a modern facility. Inside the show kitchen adds an upscale ambiance with it''s beer and wine licensed separate bar which is a local''s favorite. The 140 seat dining room is a combination of booths and tables & chairs. Private dining areas have been created and the whole place is colorfully decorated and well lit. The kitchen is equipped with a double 12ft type 1 hood with modern fire suppression system, 8 burner stove, 4ft flat top and double fryer along with some specialist cooking stoves. There is separate prep kitchen which has 3 baking ovens, a 6 burner stove and oven, a mincer, mixer and ample stainless steel prep table together with a large walk-in cooler. A bulk Co2 tank for beer and soda''s is also installed. This business is priced to sell and is a real opportunity for an entrepreneurial operator looking for a well established restaurant to make their own. 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: LLC | Year Established: 2007 | Current Owner: 2007 | Employees: 11 | Seating: 148 | Square Footage: 4300 | Parking: 50+ | Licenses Required: Health, Business & ABC Type 41 License | Days Open/Hours: Sunday-Thursday 11.30am - 9pm Friday & Saturday 11.30am - 10pm | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $960,000 | Yearly Cash Flow: $214,200 | Payroll: $13,000 |

LEASE INFORMATION:
Monthly Rent: 7300 Inclusive NNN | Lease Expiration: 2025 | Yearly Adjustment: 3% | Lease Option: Three 5 year Options | Security Deposit: 8,765 |

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

Business Listed By:
Steven D. Zimmerman

Restaurant Realty Company

Show Phone Number

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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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