$159,000.00
Asking Price
Address: Sacramento, 95814.
Status: Active
Posting ID: 286194
4/19/24
Description
Have a concept in mind and looking for a cost effective 2nd generation space in the vibrant Midtown dining district?
Here's your chance to scoop up a great bar & restaurant space with Full Liquor License in the heart of Midtown to launch it!
The location offers superior visibility with great sightlines from passing traffic as well as excellent walkability and foot traffic. The surrounding area includes popular neighboring bars, restaurants, and retail which bring in both daytime and nighttime customers.
This bar & restaurant is open and operating but is offered as a cost effective conversion with all the assets in place. The sale includes the Furniture, Fixtures and Equipment, and the Leasehold Interest for the location. The Trade Name is excluded, but the general concept and recipes can be continued with new branding if the next owner wanted to take advantage of the growing goodwill.
The sale also includes the Type 47 Full Liquor License which has few restrictions and allows service on the Patio until Midnight.
The space is approx. 3,510 sf which includes a very functional kitchen, and updated dining area with seating for approx. 100 indoors, and a licensed and enclosed patio with seating about 20 outdoors.
Total rent is approx. $13,625 per month including water & sewer. The favorable Lease goes through Dec 2028 + one 5yr option. The Landlord is amiable and open to negotiation for additional options.
The bar & restaurant is currently open and operating but the owner is consolidating to pursue other business interests. This opportunity requires a Buyer with prior Bar and/or Restaurant experience and is not suitable for a first time owner.
This is a confidential listing so you must complete a Confidentiality Agreement/NDA for us in order to learn the name and address and to request further details.
We look forward to talking with you about this exciting opportunity!
To get more information about this Restaurant - With Full Bar And Patio, Midtown business for sale in Sacramento please phone Tricia Bernhardt (Broker - BRE License #:01168790) at 916-482-7979 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #286194 on BizBen.com. In addition to phoning Tricia Bernhardt, make sure you email Tricia Bernhardt above to get more info about this Restaurant - With Full Bar And Patio, Midtown, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01168790. Restaurant Exchange.
Contact
Details
Asking Price: $159,000.00
Down: Call/Email
Cash Flow: Call/Email
Revenue: Call/Email
Area: Sacramento
City: Sacramento
Attributes:
My Notes About This Listing
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