New Price! Midtown Bistro & Full Bar

Sacramento, CA (Sacramento County)

New Price! Midtown Bistro & Full Bar
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Asking Price: $149,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $0

Inventory: $5,000*

Established: 2019

*not included in asking price.

New Price! Midtown Bistro & Full Bar

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Business Description

New Asking Price $149k!
We are pleased to offer this Restaurant and Full Bar in with a top notch location in the vibrant Midtown dining district.
This restaurant is a turn-key opportunity offered with all of the assets in place and ready to reopen with the current concept or offered as a conversion to something new. The sale includes an ABC Type 47 Full Liquor License.
This is an opportunity to step into a nearly brand-new restaurant at a small fraction of the startup costs and the extended time it would take to open something similar of this quality. The owners recently furnished and equipped the restaurant at a cost of well over 2x to 3x asking price.
The restaurant space offers a casual but modern urban setting with its bright dining room, floor-to-ceiling windows, and tile work throughout. Its on-trend colors, marble bar top, and beautiful new furnishings are all Instagram ready, but possibly the best feature of this restaurant is the kitchen. This is a versatile, high-volume kitchen capable of handling the combination of indoor and patio dining, take-out, delivery, and catering. The overall design of this restaurant is well-suited to the new trends in dining.
The space is approx 2,600sf + two large fenced patios. Occupancy is approx. 120 inside and approx. 48 on the patios. Lease through Dec 2021 + two 5-year options. Buyer will negotiate a New Lease with new rent schedule as part of a sale.

While this opportunity represents a relatively low cost of entry, the buyer must be both experienced and well-qualified financially in order to qualify as a replacement for this sought-after Midtown location.
Please contact Restaurant Exchange for our NDA Buyer’s Registration Form or complete our NDA form online on our brokerage website to learn more about this Listing including the address or to request a tour.
We look forward to talking with you about this exciting opportunity!

Detailed Information

Location:
Sacramento, CA
Inventory:
Not included in asking price
Facilities:
The space is approx 2,600sf + two large fenced patios. Occupancy is approx. 120 inside and approx. 48 on the patios. Lease through Dec 2021 + two 5-year options. Buyer will negotiate a New Lease with new rent schedule as part of a sale.
Competition:
Excellent highly visible location in the Midtown dining and entertainment district
Growth & Expansion:
Could reopen with current well thought out concept or be considered for a cost effective conversion space for something new.
Support & Training:
Transitional Time/Training is negotiable if needed
Reason for Selling:
Consolidating to focusing on other Non-Restaurant Business
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Tricia Bernhardt

Business Listed By:
Tricia Bernhardt

Restaurant eXchange

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Ad#:1782465

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