Bar Entertainment Spot And Restaurant Within Sacramento Hotel For Sale

Business description

We present this Bar, Restaurant and Entertainment Spot situated in a great hotel and located in East Sacramento minutes from mid-town. This opportunity is absolutely Turn Key and sold as an asset sale. The Partners are going their separate ways after just a few months. It's a shame as the place has so much to offer. Music, Entertainment, a large Dining room and a large Kitchen for $45,000.

A brand new Bar, fully equipped which could be turned into THE most popular bar in town. A large full fitted Kitchen allows for any menu to be implemented with a separate entrance within the hotel a well as outside. A total of 12000 sq ft at just $6,000 per month rent. Try and find Cheaper!!!

Ample Kitchen, Storage area with refrigeration, 4 x walk in fridges etc. This kind of opportunity only comes up once in a long while and it is in such a great condition. There is a well appointed full bar with many beer handles and choice Liquors with seating for 20 plus a further 100 seats within the Bar area and 90 seats in the restaurant .

Most of the equipment is owned by the Landlord and the Tenant has full use of all equipment that is included in the lease agreement.

The Landlord also owns the Full Liquor License with the tenant having full rights to use it.

Open 7 days a week, but only in the evenings makes for a huge growth potential. Seating for 225 in over 9,000 sq ft of Bar and Restaurant with a 3,000 sq ft Kitchen, perfect for adding a catering business! Featuring multiple TV's and a Superior sound system this fully Turn Key opportunity require NO investment.

The lease has 9 years remaining and is extremely competitive at only $0.50 per sq ft.

If you have to ask for financials, then this is not your restaurant as it will require an experienced operator with a proven track record of success in this type of restaurant/bar business.

This is a "REAL" opportunity not to be missed.

Property information

Real Estate:

Lease

Lease terms:

Evenings only 5.00pm - 1.00am

Leasehold rent:

$6,000 per annum

Size in square feet:

12,000

Business Operation

Trading hours:

Evenings only 5.00pm - 1.00am

Employees:

10 part

Years established:

1980