Prime Downtown Restaurant/Venue Opportunity Near Chico State University
RRC# 4681
Location: Chico
Description:
TURN KEY & READY! This is an excellent opportunity for a buyer to take over the premises, acquire the equipment, ABC beer & wine license, and assume a very favorable lease, rent terms and options. The restaurant has a large dining room with bench seating, 50+ chairs and 20+ tables. There are two banquet rooms and a bar with a stage area currently used for music, comedy, and a variety of performances. The maximum seating capacity is 135. There is 4,936 square feet of restaurant space, with lots of rooms for storage, offices, etc. Full kitchen includes 15-foot type 1 hood with Ansul fire suppression system, ice machine, 2 freezers, stainless steel worktables, 12" stove top burner x2, double deck convection oven 38", sandwich prep fridge 60", sandwich prep fridge 72", 60" griddle & chef base fridge 72" x2, Beverage Air 48" back bar fridge, 54" solid door reach in fridge, Jackson dishwasher, sinks, stainless tables,, triple tap kegerator, glassware, Community sound system, POS, tables & chairs and more. Restaurant offers delicious dining, takeout, and delivery to Chico, CA. Great for tourists and locals alike. A recent review reads, "The food is always great. Great prime downtown Chico location next to Chico State University”. Perfect timing to take over this profitable restaurant. Included in this deal are the under market lease, equipment, beer and wine license, name, menu, concept, and goodwill are all included as part of the sale. This is a straightforward, fun, and profitable business located in a very high-traffic area with a relatively small investment. This location provides flexibility for various operations and is ideal for chef-owners looking to specialize in their own concept. This is a unique restaurant in a prime downtown location with desirable rent and lease terms. Please complete the 'Non-Disclosure Agreement' on our website, and we'll send you the lease, complete financial information & a list of equipment included with the purchase. We'll also send you the Broker's contact information so you can discuss this opportunity in more detail and arrange a behind-the-scenes tour of the property.
Financial Information:
Monthly Revenue: $29,500
Monthly Cash Flow: Contact For Info
Annual Revenue: $354,000
Annual Cash Flow: Contact For Info
General Info:
Ownership: Corporation
Established: 2021
Employees: Contact For Info
Reason For Sale: Other Interests
Monthly Rent: $3,485 +nnn
Expiration: 09/24 plus 5 year
Facilities:
Square Feet: 4,936
Seating: 135
Parking: Downtown
Licenses: Health, business, ABC 41 beer and wine license
Days/Hours of Operation: Contact for Info
