900 2nd St

    Sacramento, CA 95814
    • $275,000
    • STATUS: Active
    • ON SITE: 103 days
    • MLS #: 19060777
    UPDATED: 47 min ago
    $275,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,000
      SQFT
    • $69
      $/SQFT
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    A rare and unique opportunity to buy this well-established and highly profitable Luis Jr's Mexican Food restaurant with a high monthly income, reasonable lease, incredible central location in Old Sacramento, as well as a build-in generation of loyal and long-term customers. Current owner has been in the business for 40 years and will train the new buyer and share/teach all recipes. The restaurant has a liquor license, as well as beer/wine, which can be transferred to new owners. The outdoor patio comes to life and is a great place for customers to enjoy refreshing drinks & a scrumptious meal. Yearly gross and net income are readily available upon request to serious buyers. Seller might be interested in owner finance with a big down payment, but cash, or loan are preferred. Look no further! This is it! Better and more cost effective than some franchises.

    Monthly Payment Calculator



    © 2019 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2019-12-09T17:38:53.023. MetroList® MLS Terms of Use. IDX provided by BoomTown.
    www.folsomrealty.com/homes/98366474

    900 2nd St Sacramento, CA 95814

    • Price: $275,000
    • Status: Active
    • Updated: 47 min ago
    • MLS #: 19060777
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    4,000
    SQFT
    $69
    $/SQFT
    Neighborhood:
    Sacramento Downtown/Midtown
    County:
    Sacramento
    Area:
    Sacramento Downtown/Midtown
    Property Description
    A rare and unique opportunity to buy this well-established and highly profitable Luis Jr's Mexican Food restaurant with a high monthly income, reasonable lease, incredible central location in Old Sacramento, as well as a build-in generation of loyal and long-term customers. Current owner has been in the business for 40 years and will train the new buyer and share/teach all recipes. The restaurant has a liquor license, as well as beer/wine, which can be transferred to new owners. The outdoor patio comes to life and is a great place for customers to enjoy refreshing drinks & a scrumptious meal. Yearly gross and net income are readily available upon request to serious buyers. Seller might be interested in owner finance with a big down payment, but cash, or loan are preferred. Look no further! This is it! Better and more cost effective than some franchises.
    Exterior Features

    Access Airport NearbyPublic Trans Nearby Location Business District Miscellaneous Features None Parking Public

    Interior Features

    Seating 50-99

    Property Features

    Age Range 3 - 5 Years Old Building Use Retail Business Name Luis Jr's Mexican Food Business Opportunity Type Restaurant CCRs No Current Lease RenewableTriple Net Disability Features Ramp Employees 1-5 Hours Open 8+ Hours/Day Labor Information Other Lease Terms Tax Increase Sale Price Includes Fixtures & EquipmentNameSpecial Permits Special Listing Condition None Transaction Type For Sale Zoning C-2

    Listing provided courtesy of Dynamic Real Estate. Listing information © 2019 MetroList Services, Inc.


    © 2019 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2019-12-09T17:38:53.023. MetroList® MLS Terms of Use. IDX provided by BoomTown.
     
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