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3,500 Sq Ft - Thai Restaurant In Upscale Area - With Sizable Patio
$165,000
3,500 Sq Ft - Thai Restaurant In Upscale Area - With Sizable Patio

Sacramento, CA

3,500 Sq Ft - Thai Restaurant In Upscale Area - With Sizable Patio - Near Sacramento. RRC#: 2039 Asking Price: $165,000 Location: Sacramento Metro Area, Sacramento Metro Area, California Yearly Revenue: $612,000 Yearly Cash Flow: Contact For Info Monthly Rent: $9,900 LISTING DESCRIPTION: This good size Thai Restaurant is located in an upscale area East of Sacramento on Hwy 50. The location is full of privately owned restaurants, surrounded by a beautiful water feature. This whole outdoor area of restaurants and stores is fully leased and only 10 years old. This Thai restaurant was one of the first tenants and therefore has a prime location on the water which includes a 80 seat dining room, 40 seat Banquet room and 50 seat outdoor patio area. Neighbors are restaurants and this location is jealously guarded and renowned as "Restaurant Row." Nice size kitchen, high ceiling well appointed dining room, ABC type 41 beer and wine license and a good size outdoor patio. This business is profitable but could do so much more. The owners need to consolidate with their other restaurants and after 10 years they reluctantly have to let this location go. Don't wait too long as this area is very sort after and will sell quickly. GENERAL INFORMATION: Organization: Corporation | Year Established: 2003 | Current Owner: 2003 | Employees: 9 | Seating: 160 + Patio | Square Footage: 3000 approx + large Patio | Parking: 100+ | Licenses Required: Health, Business and ABC Type 41 | Days Open/Hours: Mon-Thurs 11am-9.30pm / Fri-Sat 11am-10pm Sun 12pm-9.30pm | Reason For Sale: Consolidating | FINANCIAL INFORMATION: Yearly Revenues: $612,000 | LEASE INFORMATION: Monthly Rent: $9,900 | Lease Expiration: 12/31/2017 | Lease Option: Contact for Information | Security Deposit: 5,400 | FINANCING INFORMATION:


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