4,000 sq ft Bar and Restaurant in Folsom with Hard Liquor, Patio, Corner Location on Main Thoroughfare
RRC# 4774
Location: Sacramento Metro Area
Description:
Busy walk-up traffic location, offering succulent BBQ’s, Burgers and Salads, pouring craft beers and specialty cocktails. This high-profile corner location bar/restaurant has to be seen to be fully appreciated. An ABC Type 47 Hard Liquor license is included so customers may enjoy the patio, sipping a cocktail & people watching at this busy location. With 4.5 Yelp stars and great reviews, enjoy ownership and prosperity with the busy summer months ahead of this premier location in Folsom. Monthly rent of $11,500 including water/sewer and at under 8% of revenues makes this a truly viable proposition. Current monthly revenues of $125,000 ($1.5 million annualized) evenings only until the weekends, which leaves plenty of opportunity to grow this business into a highly profitable 7 days a week operation. So much untapped potential.
Fully equipped kitchen for its current Burger, BBQ concept. 12 Bar seats plus 100 diners and 50 more on the patio. Parking all around the area.
To receive more information and discuss this opportunity with the broker please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.
Financial Information:
Monthly Revenue: $125,000
Monthly Cash Flow: Contact for Info
Annual Revenue: $1,500,000
Annual Cash Flow: Contact for Info
General Info:
Ownership: Corporation
Established: 2006
Employees: 30
Reason For Sale: Other Interests
Monthly Rent: $11,297 Including NNN
Expiration: 05/31/2027 plus Two x 5 year Lease Options
Facilities:
Square Feet: 4,100 + 500 Patio
Seating: 100 + 50 patio
Parking: Parking Structure and Street
Licenses: ABC Type 47, Health and Business Licenses
Days/Hours of Operation: Mon - Wed 4:00 PM - 9:00 PM Thu - Sun 11:00 AM - 9:00 PM
