8570 Auburn Folsom Rd
Granite Bay, CA 95746
Retail Property For Sale

We are pleased to offer this opportunity for an experienced restaurant owner or manager to acquire a beautiful Mexican Restaurant and Full Liquor Bar with a 1.2 Acre Property located in a very desirable Greater Sacramento Metropolitan area (Roseville/Rocklin/Granite Bay submarket) of Northern California. This is an opportunity to purchase a popular and established Mexican Restaurant in a high-profile location that is being brought to market for the first time since it was founded in 1997. The restaurant can continue with the current brand name or you can bring your own concept and converted to something fresh and new. The restaurant benefits from its location in a very affluent area near a busy retail hub which is surrounded by upper income residential. Average Household Income within a 3 mile radius is well above CA State average at $155k annually and the property faces a major Road with plenty of daily traffic at almost 29k ADT. The restaurant building is approx 6,230sf on a 1.2 Acre parcel which includes a parking area, landscaping, and an open space that could be developed with a 2nd building. The total restaurant occupancy is approx 280 between the main dining room, private party/banquet rooms, the bar and the large patio. The facility is set up for sit down restaurant service and features full kitchen with hood/ansul, walk-In refrigerator, prep-kitchen with its own hood/ansul, and everything you need for high volume production. The sale includes an ABC Type 47 Full Liquor License which is valued as a stand-alone asset at $125k! The business and property are offered for sale with an asking price of $2,499,000 (property & building $2,200,000 + restaurant business, assets and fixtures $299,000). A well-qualified buyer with good credit and related experience may be able to get an SBA loan, which requires 20% - 25% of the project cost as down payment. The owners are pleased with the long-term success and excellent reputation of the business, but after many years the time has come for retirement. Please contact the broker Tricia Bernhardt or her assistant Carla to request a Confidentiality Agreement form and additional details about this Restaurant with Property opportunity. We look forward to talking with you!