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Listed by:

Restaurant Realty Company

Broker license number: 01310250

Lucca Restaurant In Sacramento For Sale

Sacramento, California - North, US
Asking Price:
$995,000
Sales Revenue:
$3,801,957
Cash Flow:
$489,494

“Lucca” Restaurant, The Iconic Sacramento Eatery On 16th And J St.

RRC#: 3911
Asking Price: Offered At $995,000
Location: 1615 J Street, Sacramento
Annual Revenue: $3,801,957
Annual Cash Flow: $489,494
Monthly Rent: $16,593 + $5,341.66(NNN)

Listing Description:
Lucca is one of Sacramento’s most iconic restaurants with a highly sort after reputation which located on the busiest prime corner of midtown on 16th street and J. Walking distance from the Sacramento convention center, the Kings arena, Music Circus, The Governor’s Mansion, the State Capital, and several large hotels, including the Hyatt and Grand Sheraton. Over the years, Lucca has been one of the most prolific and sought-after places to dine before or after any of many events happening in the city.

This Zagat rated restaurant is a staple part of the Sacramento dining scene and for 18 years has been highly profitable. The classy inviting bar and dining room which lead through the large glass doors into the beautiful 1500 sq ft covered and heated patio that can be used all year, regardless of weather conditions. Past the open kitchen, the large private dining room provides opportunity for groups to up to 100 people with sit down events and up to 150 for standing cocktail parties. The total space is 5,500 sq ft.

The large open fully equipped kitchen is designed to maintain and output a large volume of service. A 17- and 10-foot, type 1 hood with fire suppression system, salamander, 2 convection ovens, 16 burners stove, and a separate 6 burner stove, double basket deep fryers, a flat grill and many under counter refrigerator drawers + sandwich stations, food warmer, 2 double door and 1 single door freezer, 2 ice cream freezer, bread drawer warmers, ice machine, mop sink and so much more. Employee break area with 32 space lockers, lots of storage space for the restaurant and catering. The back storage space has its own roll up garage door for a catering van to pull in.

The bar has 2 well station, glass washer, 2 3-door and 1 2-door reach in refrigerator. Aloha POS system has 3 terminals.

Historically, this business has 18 years of high-quality food and service reputation with every year being highly profitable, right from the beginning. The landlord is ready to negotiate a long new lease with excellent terms to an experienced, qualified new restaurant owner. To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long-term SBA loan solution, please complete the ‘Non-Disclosure Agreement’ on our website and we will send you the historic financial information, current 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.

General Information:
Established: 2002
Current Owner: 2002
Employees: 70
Reason For Sale: Retirement

Financial Information:
Monthly Revenue: $316,829
Monthly Cash Flow: $24,853
Annual Revenue: $3,801,957
Annual Cash Flow: $489,494
Monthly Payroll: $101,959

Parking: Street, Parking lot next door, Valet

Property Information

Real Estate:

Lease

Leasehold Rent:

$16,593 + $5,341.66(NNN) per annum

Size in square feet:
5,500

Business Operation

Reasons for selling:

Retirement

Trading hours:

Currently Closed w/Covid Lunch/Dinner Previously

Employees:
70
Years established:
2002

Contact Restaurant Realty Company

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