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  Home > Search Results > For Sale: Italian Restaurant

For Sale Italian Restaurant In Elk Grove Area, Sacramento County, CA

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Contact: Tricia Bernhardt at 916-482-7979 - Log In To Message/Email This Contact
Last Revised: 9/13/19. Posting #: 255717
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Key Words: italian, sacramento, convert
Financial Info: New Price now $125K! Down: Call. Adjusted Net: Call. Annual Revenues: $428,391. There is a great Lease in place to June 2021 + options. Total Rent: $4,100/month!
Profile: New Price now $125K!

This popular Italian Restaurant offers an outstanding value to someone seeking a restaurant and bar in a desirable South County location near Elk Grove. The area is known for its excellent quality of life and scenic beauty, but the community is also experiencing a lot of economic growth and residential development because of its reasonable commute times either North to Elk Grove (10 minutes), Sacramento (30 minutes) or South to Stockton (25 min) or the East Bay (1 hour). The restaurant benefits from its prominent location in the central business district with easy freeway access and off-ramp visible pylon signage.

The restaurant features open dining spaces, a bar, and a large outdoor dining space that can be used nearly year-round. The interior has been recently updated with an inviting modern design that includes features like exposed ceilings and polished cement floors paired with rustic wood accents, and subtle Italian architectural elements. Guests appreciate the fresh look and the casual yet elegant dining experience. The restaurant has a small Bar that highlights Italian wines and the sale includes an ABC Type 41 Beer & Wine license.

The restaurant has a fully equipped kitchen set up to handle high volume production during peak periods for fast full table service. There is a 13ft Hood/Ansul, double Walk-In Fridge/Freezer, large capacity in-ground grease trap and all the equipment you need. The space is approximately 2,840 sq. ft. with seating for 85 + another 40+ on the patio. Lease in place to July 2021 + options. Total Rent is only $4,100/month!

Full Financial Package available with a signed NDA.

The owners have laid a great foundation and have pride in the legacy of the restaurant that they have developed, but the time has come to prepare for retirement soon. The next owner could continue to build on the momentum of the current concept, or the space could also be considered for a turn-key cost-effective conversion to a new concept too. This will be a great opportunity for a hands-on owner with restaurant experience who is looking for a space to showcase their culinary abilities and who would enjoy being involved in a growing community.

Interested? Please fill out our Confidentiality Agreement/NDA form to get started. Once we receive your Confidentiality Agreement, we will send you information with the 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.

Professional Resources & Contacts To Help You Close Your Deal!

Contact: Mike Brewer at 800-437-1100   Log In To Message/Email This Contributor
Profile: If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
Key Words: mike brewer, liquor license, liquor licenses, abc, license broker, liquor license brokers
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Contact: Peter Siegel, MBA at 925-701-8064 X313, 925-785-3118 (Cell)   Log In To Message/Email This Contributor
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
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Contact: Willard Michlin at 805-428-2063   Log In To Message/Email This Contributor
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
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Contact: Helen Yoo at 626-890-1151   Log In To Message/Email This Contributor
Profile: New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. We believe in long term relationships with our clients. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese.
Key Words: escrow, bulk sale, helen yoo, new century escrow
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Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy

Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
Profile: Customers and potential business buyers can learn a lot about a business simply by its appearance. BBN Manager Jordan Green discusses the importance of curb appeal and how properly maintaining a business can not only add to its value, but also improve its ability to sell when the time comes.
Key Words: selling a business, curb appeal, jordan green
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Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
Profile: Determining a reasonable deposit and appropriate timeline for the various steps involved in a small business transaction can ultimately have a large impact on the sale of a business. BizBenNetwork Manager Jordan Green explains the important role that deposits play in a business’s sale.
Key Words: deposits, escrow, deposit, non-refundable deposit, purchase agreement, attorney, cpa, broker, brokers, buyers, buying a business, due diligence, deal structures, jordan green
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Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
Profile: Determining whether to include the value of a business's inventory in the selling price or add the inventory's value in addition to a business's selling price is an issue that occasionally comes up when negotiating the purchase agreement during a small business transaction.
Key Words: selling a business, buying a business, sell a business, buy a business, purchase agreements, purchase agreement, inventory, inventories, value, valuation, valuing a business, selling price, restaurants, restaurant business, online businesses, ecommerce, goodwill, sales multiples, equipment, jordan green
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Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
Profile: Due diligence is an investigative inquiry into a business that is performed by a potential small business buyer in order to ensure that the business being purchased is everything that has been represented by the business owner/seller. Here are the best practices for performing due diligence.
Key Words: due diligence, buying a business, buyer, buyers, buy a business, attorney, cpa, non-disclosure agreement, tax returns, income statements, due diligence period, balance sheets, cash flow statements, lease, leases, purchase agreement, purchase agreements, assets, liabilities, legal contracts, distribution agreements, risk, risks, lawsuits, due diligence checklist, jordan green
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Contributor: Jordan Green: BBN Facilitator at - Log In To Message/Email This Contributor
Comments & Replies: 2   Topics: buying a business, due diligence
Profile: When buying a restaurant, business buyers must consider a number of critical aspects of the business to determine if the restaurant is a good fit, set up for future success, or requires a concept change instead. BizBenNetwork Senior Facilitator Manager Jordan Green starts this discussion.
Key Words: restaurant, restaurants, jordan green, buyers, buying a business, convert, can convert, asset, asset sale, due diligence
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Contributor: Peter Siegel, BBN Facilitator at - Log In To Message/Email This Contributor
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Profile: I was asked this question by a buyer: “I’ve been looking for a small business to buy for over a year. Many business brokers are telling me that if you don’t find a business (or at least make an offer on a business) within a year, you’re probably not really serious about buying a business.
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Contributor: Peter Siegel, BBN Facilitator at - Log In To Message/Email This Contributor
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