#5568
Chico~Yuba City

PRICE JUST REDUCED $10K - FULL SERVE WITH BEER & WINE IN BOOMING CHICO

$75,000
Available
PRICE JUST REDUCED $10K - FULL SERVE WITH BEER & WINE IN BOOMING CHICO



ADD TO FAVORITE

Facebook Twitter
Google+ Email

OWNER WANTS IT SOLD NOW.

This is an excellent opportunity to acquire this Full Service - turnkey restaurant with type 41 beer & wine license that is located in a synergistic center with other successful food concepts. Close proximity to the university and historic homes. Restaurant is on a major thoroughfare with great street exposure.

This unit is up and running saving you the hassles of permitting as well as time, frustration and delays of building a space out.  

There is TREMENDOUS upside potential and opportunity to increase sales with expanded hours, Uber, Door Dash and other food delivery systems.

Keep existing concept or easy conversion to your own.Very versatile kitchen with class 1 and class 2 type hoods capable of supporting a variety of menus and quick serve or full serve concepts. Kitchen equipment includes: walk-in refer; True 3 door freezer, Hobart slicer, 6' stainless table with shelves, 2 Imperial double burners; Imperial Fryer, 24" Imperial char-broiler; Imperial 4 burners; Panasonic microwave; 2 refrigerated prep tables with stainless steel shelves, stainless steel work table, True 2 door refrigerated beverage merchandiser, True 4' refrigerated food merchandiser, 3 compartment sink, prep sink and CMA corner dish machine.

Buyer to negotiate new lease with landlord.

No financial records will be shown.

This is a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Chaz Gaddie DRE License #02057673

Lease

Region:
Chico~Yuba City
Lease Term:
New Lease
Total Monthly Rent:
$4,000
Security Deposit:
$4,000

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Part-Time Employees:
2
# of Working Owners:
1
Hours Open:
11-8 Monday - Saturday
Closed Sunday
Year Established:
2014
Hood System Type 1:
Yes
Hood System Type 2:
Yes

Facilities

Indoor Seating:
40
Outdoor Seating:
20
# of Parking Spots:
Shared with Center
Inside Sq. Ft.:
1760
Outside Sq. Ft.:
200

Highlights

  • Low cost entry in Booming Chico
  • Type 41 Beer & Wine licensee
  • Near university and historic homes
  • TREMENDOUS upside potential
  • Located in synergistic center
  • Great visibility from street
  • Outdoor patio with tons of potential
  • Very clean - pride of ownership
  • Walk-in refrigerator
  • Increase sales with expanded hours & delivery.
  • Well equipped and versatile kitchen with 2 hoods
  • Easy conversion to full or quick serve concepts

Financing

Down Payment:
$75,000
Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 5-mi
2014 Total Population 36,389 73,162
Households 1-mi. 5-mi
2010 Number Of Households 15,419 29,899
2010 Persons Per Household 2.34 2.38
Median House Value $270,100 $281,965
Income Per Household $39,216 $42,126
Businesses 1-mi. 5-mi
2009 Number Of Businesses 1,012 2,197
2012 Number Of Employees 26,244 59,120
2012 Total Annual Payroll $507,110,000 $1,017,997,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.


Home
» Listings
» For Buyers
» For Sellers
» Brokers

» About Us
» Support
» Testimonials
Let's Connect
626-387-3658 or 510-500-7975
Send Email
Social Media



© Copyright 2019 Powered By BBMT, Inc ® Registered Trademark. All Rights Reserved.