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Listing View: Popular Downtown Restaurant in Chico - Chico, California


Popular Downtown Restaurant In Chico
Chico, California

Offered at:
$550,000

Office Listing #   530879
Revenue: $1,350,000 / year
Cash Flow: Contact For Info
Lease Rent: $11,478 / month
Square Feet: 3223 + 698 Patio

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 Listing Description

Here is a rare opportunity for an experienced restaurateur to take over the reins of this exceptional restaurant in the heart of Downtown Chico. Chico is a city with population of 107,000 in the urban area. With 17,000 students attending California State University Chico (CSUC) and 22,000 attending Butte College, Chico definitely qualifies as a “college town”. Downtown is predominantly made up of locally owned businesses. After a long construction process, even without advertising, this location launched with a very strong opening. The restaurant serves high quality food in interesting combinations and healthy portions, at very reasonable prices. The casual but sophisticated atmosphere results in a real dining experience for guests of all ages. The founding owners have determined that the 2 hour commute to Chico takes away too much time from their families and other restaurants.

General Information
Contact Information
Organization:   Corporation
Year Established:   Contact For Info
Current Owner:   Contact For Info
# of Employees:   Contact For Info
Seating:   86 inside 50 on patio
Square Foot/Size:   3223 + 698 Patio
License(s) Required:   Type 41
Reason For Sale:   Focus on other restaurants and commute
     
Financial Information
Revenue:   $1,350,000 / year
Cash Flow:   Contact For Info
Payroll:   Contact For Info
Lease Information
Lease Rent:   $11,478 / month
Security Deposit:   20,000
     
Financing Information
Down Payment:   300,000
Listed by:   Tricia Bernhardt
 Restaurant Exchange
Email: Email Seller
Phone:  916-482-7979
Fax:  916-482-7799
Website:  www.RestX.com
Listings:  See All Listings by Broker
Profile:  View Broker Profile
      Confidential Statement: Download


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Disclaimer
The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Business For Sale Exchange has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness.
 
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