50% Seller Finance - $82,500 Down - 3,500 Sq Ft - Thai Restaurant - With Sizable Patio - Sacramento.
Asking Price: $165,000
Location: Sacramento Metro Area, Sacramento Metro Area, California
Yearly Revenue: $612,000
Yearly Cash Flow: $66,000
Monthly Rent: $9,900
Only $82,500 down for this sizable, profitable Thai Restaurant, located in a nice area of Sacramento metro area in El Dorado County. This location is full of privately owned restaurants. 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 an 80 seat Dining room and Bar, 40 seat Banquet room and 50 seat Outdoor Patio. Your neighbors are all independent restaurants and this location is jealously guarded and a renowned ''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 owner needs to consolidate after 10 good years. The owner will carry a note to assist in the sale for up to 50% of the asking price to well qualified buyers. Only $82,500 down for this high quality, prime location restaurant. Don''t wait too long as this area is very sort after. Call Broker for details.
Organization: Corporation | Year Established: 2003 | Current Owner: 2003 | Employees: 9 | Seating: 160 + Patio | Square Footage: 3500 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 |
Yearly Revenues: $612,000 | Yearly Cash Flow: $66,000 |
Monthly Rent: $9,900 | Lease Expiration: 12/31/2017 | Lease Option: Contact for Information | Security Deposit: 5,400 |