Sq Ft
4,936
Type
Bring Your Own Concept, Deli
Monthly Revenue
$29,500
Monthly Cash Flow
Contact For Info
Annual Revenue
$354,000
Annual Cash Flow
Contact For Info
Rent
$3,485 +nnn

Turnkey Restaurant Opportunity: Prime Location in Downtown Chico

Ready for Immediate Operation! This exceptional opportunity allows you to take over a fully equipped restaurant with favorable lease terms, an ABC beer and wine license, and all necessary equipment. The premises are set up for seamless transition and immediate operation.

Key Features:

  • Spacious Layout: The restaurant spans 4,936 square feet and includes a large dining room with bench seating, 50+ chairs, and 20+ tables. It also features two banquet rooms and a bar with a stage area currently used for music, comedy, and other performances. The maximum seating capacity is 135.
  • Fully Equipped Kitchen: The kitchen includes a 15-foot Type 1 hood with Ansul fire suppression system, ice machine, two freezers, stainless steel worktables, double deck convection oven, two 12″ stove top burners, two 72″ chef base fridges, 60″ griddle, Beverage Air 48″ back bar fridge, 54″ solid door reach-in fridge, Jackson dishwasher, sinks, stainless tables, triple tap kegerator, glassware, and more.
  • Community and Review: Located in the heart of downtown Chico, CA, next to Chico State University, the restaurant enjoys a prime location attracting both locals and tourists. Recent reviews highlight the excellent food and the great location.
  • Included in the Sale: The purchase includes the under-market lease, all equipment, the beer and wine license, the restaurant’s name, menu, concept, and established goodwill.

Opportunity Highlights:

  • High-Traffic Area: Positioned in a prime downtown location with excellent visibility and foot traffic.
  • Versatile Space: Ideal for various operations, making it perfect for chef-owners to bring their own concept to life.
  • Profit Potential: The location offers a solid foundation for a profitable business with minimal initial investment required.

To explore this unique opportunity, please complete the ‘Non-Disclosure Agreement’ on our website. Once completed, we will provide the lease details, full financial information, and a list of equipment included with the sale. We will also send you the Broker’s contact information to discuss this opportunity in greater detail and arrange a behind-the-scenes tour of the property.

 
 
 
 

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General Info

Organization
Corporation
Established
2021
Current Owner
2021
Employees
Contact For Info
Reason For Sale
Other Interests

Facilities

Seating
135
Square Feet
4,936
Parking
Downtown
Licenses
Health,business, abc 41 beer and wine license
Open Hours
Contact For Info

Lease

Rent
$3,485 +nnn
Expiration
09/24
Yearly Increase
Contact For Info
Option
5 year option
Deposit
$2,600

Financials

Monthly Revenue
$29,500
Monthly Cash Flow
Contact For Info
Annual Revenue
$354,000
Annual Cash Flow
Contact For Info
Payroll
Contact For Info

Financing

Down Payment
Contact For Info
Note Balance
Contact For Info
Terms of Note
Contact For Info
All Cash
Contact For Info
DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location

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