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- RE: Price Reduced To $375,000 - Roseville/Rocklin Area
- Contact: Steve Zimmerman
- License #: 1310250
Quick Facts
Asking Price: | $375,000 | |
Annual Revenue: | $840,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $187,100 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2014 | |
Employees: | 10 | |
BBN Listing #: | 944941 | |
Broker Reference #: | 4756 |
Business Overview:
Price Reduced to $375,000 - Roseville/Rocklin Area. Highly Profitable 2600 sq ft Restaurant with Beer and Wine License
RRC# 4756
Location: Rocklin/Roseville
Description:
Currently a highly regarded restaurant but the concept could also be altered to suit this busy strip mall location in the Rocklin/Roseville area. Many families live and are moving into this fast-growing Sacramento suburb city, especially west Roseville. Monthly Rent is only $4400 with annual sales revenue of $840,000 and profits of $187,000. Extremely low overheads due to the owner/operator’s tight controls which would suit a similarly driven Buyer. Asking price is $375,000 to include all brand new equipment, with its fully equipped open display kitchen behind glass, type 1 & type 2 hood with fire suppression system, all the stoves & ovens you would need for this modern, appealing dining room seating 80 with an ABC type 41 beer and wine license. The location is a AAA, highly visible, surrounded by quality tenants, near a major theater and has a first class 4.5 star rating on Yelp. Landlord permission has been granted for an outside patio.
“First, I want to shout out to the young waiter. He kept a check on us (party of 6) the whole time we were there and treated us so nicely. Second, the appetizers (dolma and stuffed mushrooms) and the Sultans delight with Lamb was very tasty and enough to take home. Third, the owner came to the table and introduced himself and had the waiter bring baklava for the table. What a nice way to end our wonderful meal and night. We all agreed that we would go back. Let's continue to support our local businesses. They need us!”
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Property Features and Assets:
Facilities:
Square Feet: 2,600
Seating: 92
Parking: 100+
Licenses: Health, Business & ABC Type 41 License
Days/Hours of Operation: 4.00pm - 9.00pm Mon - Fri. 12.00pm - 9.30pm Sat & Sun
Market Competition and Expansion:
General Info:
Ownership: Corporation
Established: 2014
Employees: 10
Reason For Sale: Other Interests
Monthly Rent: $5,735.00 with NNN
Expiration: 2027 plus 5 year option
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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