Folsom Area Restaurant & Full Bar or Conversion

Folsom, CA (Sacramento County)

Folsom Area Restaurant & Full Bar or Conversion
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Asking Price: $119,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $0

Inventory: $10,000*

Rent: $5,782 per Month

Established: N/A

*not included in asking price.

Folsom Area Restaurant & Full Bar or Conversion

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Business Description

Great for Mexican, Indian, or Pizza

We are pleased to offer this Restaurant & Bar in the desirable Folsom CA!
This restaurant is located in a nice area near other restaurants and retail shops with foot traffic. It is offered either with the current concept without the name, or this location could also be considered for a cost-effective conversion to something new! We think Mexican or Indian or Pizza concepts would be a great fit here.
This endcap location with high ceilings and a nice contemporary design would fit with many concepts.
The space is approx 2708sf and features a large Full Kitchen with a 20ft Hood and Ansul system, Walk-In Refrigeration, and in-ground Grease Trap. The open dining area has seating for approx 60 + 20 on the large patio.
Total Rent is approx $5,782. Lease through Jan 2024 + one 5-year options with favorable rent.
The owners have enjoyed the restaurant and being part of the development happening in this busy trade area, but they have other business interests that are demanding their full attention, so they are consolidating. The restaurant could be ideal for a chef/owner, brewery looking for a tap room, or others.
Sale price at $119k includes the ABC Type 47 Full Liquor License. If the Full Licenses is not needed, the asking price is only $99k!
Interested? Please complete our Confidentiality Agreement/NDA form to request the name and address.
Please see our brokerage page for the NDA form to complete online or send a request through this ad.
Once we receive your Confidentiality Agreement/NDA form, we will send you information with the name and street address and other details.
This is a Confidential Listing so please Do Not Disturb the business. Tours are by appointment only.
We look forward to talking with you about this exciting opportunity!

Detailed Information

Location:
Folsom, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,708
Lease Expiration:
1/31/2024
Facilities:
Great Endcap Space approx 2708sf and features a large Full Kitchen with a 20ft Hood and Ansul system, Walk-In Refrigeration, and in-ground Grease Trap. The open dining area has seating for approx 60 + 20 on the large patio.
Competition:
Great location with other popular restaurants and retail shops. Could be a great spot for Mexican, Indian or Pizza concepts.
Growth & Expansion:
Offered with the ABC Type 47 Full Liquor License at asking price $119k. If Full License is not needed, then the asking price is $99k with it excluded.
Support & Training:
Restaurant is offered as a conversion so training & transition time with the Seller will be negotiable.
Reason for Selling:
Consolidating
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Tricia Bernhardt

Business Listed By:
Tricia Bernhardt

Restaurant eXchange

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Ad#:1838300

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