High Volume Buffet Restaurant In Sacramento For Sale

Business description

Here is a rare opportunity to get in the well known buffet restaurant in prime location in the Sacramento metro area. This business has become for sale after a short periods of ownership so that the owner needs to focus on the newly found larger scale opportunity not to be missed out.

The original build out costs were millions dollars, and equipment and tenant improvements have been consistently updated and well maintained.

Over 5,000 square feet of spacious premises can accommodate large groups of customers at the same time. During the past 3 months, business has generated over $430,000+ in sales and is profitable ($1.6 Mln Sales & $110K Net Annualized).
This is a steal and won’t last at an incredible price of $295,000 to get on in the cash cow machine even with the greater growth potential.

There is no better location strategically sited like this where is well mixed with lots of modern office complexes, amusement park, bicycle Trail Park, major medical centers, fine shopping centers, theaters, schools, colleges as well as surrounded by upscale residential neighborhood and easy access from freeways.

Buyer must be qualified by submitting resume, financial statement and NDA prior to disclose further details and for viewing. Even seller financing may be available to qualified buyer with substantial down payments.

Please contact Sam Choi below for more information.

Property information

Location:

There is no better location strategically sited like this where is well mixed with lots of modern office complexes, amusement park, bicycle Trail Park, major medical centers, fine shopping centers, theaters, schools, colleges as well as surrounded by upscale residential neighborhood and easy access from freeway.

Size in square feet:

5,126 sq ft

Business Operation

Reasons for selling:

To pursue new larger scale opportunity

Trading hours:

Lunch: Mon through Sun - 11 am to 3:30 pm
Dinner: Sun through Thur - 5 pm to 9 pm, Fri & Sat - 5pm to 9:30 pm

Employees:

15 full time, 4 part time

Years established:

2006

Other information

Support & training:

4 weeks at 30 hour per week

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller will carry $95,000 for 60 months at 7.5 % interest

Furniture / Fixtures value:

$400,000 (included in the asking price)

Inventory / Stock value:

$15,000