Here's a great opportunity to own Real Estate with a fully equipped pizza/Italian operation.
Location: The Real Estate is located on a main street in a quaint Sierra foothills town near Sacramento. If you're looking to get out of the city and invest in lifestyle with great potential, this is it. The town is nestled among the pines and it's only a 30 minute drive to Roseville, Ca.
The median age is 41.2. On average, there are 250 sunny days per year in the area. The July average high is around 90 degrees. The January average low is 35. There are abundant recreational activities in the area including fishing, hunting, skiing, rafting, boating, hiking, camping...you name it!
Thirty minutes away is the city of Roseville and the entire Greater Sacramento area. Lake Tahoe is only 1.5 hours east as well. There are tons of outdoor activities and fresh air at approx. 3,000 foot elevation. So you'll get some snow, but it doesn't hang around too long.
Features: This is a 2,860 sqf. freestanding building built in 1986. The Real Estate is located on .18 of an acre. There are two distinct dining areas. The second separate dining area is used for parties or could be a second leasable unit for another business. The second unit has tentative approval as the owner has looked into it. There are 3 large storage/garage units below the restaurant in the rear of the building. One is converted to an office. They can also be rented out or used for your own purposes. Included are the Real Estate, furniture, fixtures, equipment. An equipment list will be included in the sale.
The kitchen is well equipped for a pizza/Italian restaurant or restaurant of your choice. You can own the real estate and operate the restaurant and pay rent to yourself...not a bad way to go!
According to the seller - who was the landlord of the pizza franchise that was at this location - restaurant sales reported to the owner/landlord in 2006 were over $400,000, in 2010 the average sales per month are estimated at $21,819 for a 9 month period.
Financial information on the restaurant is not available as the seller owns the real estate, not the pizza franchise that was at the location.
Currently the restaurant sales figures are tenant stated. Broker only represents what the landlord has communicated to us. That being said, the restaurant is still being operated by existing tenant on a month to month basis.
The owner will finance with a large down payment depending on the buyer's qualifications.
Why are they selling: The owner has health issues and is ready to retire!
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