$2,500,000
Restaurant
- Status: Available
- Price: $250,000
Yogen Dhanik
- License No:
- DRE #01190497
- Email:
- yogen@lbaweb.com
- Office:
- 925-932-2450
- Mobile:
- 510-427-8597
Description
A great opportunity to own this well known, beautiful, absentee owner managed Indian Restaurant, named after an internationally famous restaurant in London, with modern amenities and located next to Costco with very high traffic. Capacity is 40 people. The owner claims his Gross monthly revenue is $45,000. Total monthly expenses are $28,000 to $29,000. Number of employees are 5. Floor space is 1,200sqft. and Rent is $4,400 plus NNN of $3,600. Lease expires 2026 with 1 x 7 years option. Net monthly profit is $11,000 to $12,000. This is a totally absentee owner managed restaurant that has a lot more potential for growth and profit. Owner operator can easily Net $18,000 to $20,000 per month. Employees are willing to stay on board. Profitable, established, successful business with easy transferability and management, for the new owner. The owner has other businesses and cannot give enough time to this business, creating a great opportunity for the buyer! Will not last long at this price!
Business Information
Ownership Type:
Partnership
Year Established:
Year Purchased:
Business Type:
Restaurant
License(s) Required:
Business, Health
Hours of Operation:
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4208
Date Available:
12/20/2022
Reason For Sale:
Other Interest
Financial Information
- Annual Total:
- 540,000
- Revenue:
- Annual Net Income:
- 144,000
- Inventory:
- Monthly Payroll:
Lease Information
- Base Rent:
- 4,400/m
- Lease Expires:
- 2026
- Lease Option:
- 1 x 7years option
- NNN:
- 3,600/m
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
RELATED PROPERTIES
$2,500,000
$150,000
$900,000