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European Restaurant (Asset Sale)

  • Status: Pending
  • Price: $99,000

Lida Sadati

License No:
DRE #01825510
Email:
lida@lbaweb.com
Office:
(925) 932-2450
Mobile:
(925) 932-2450
  • Listing No: 4453
  • Status: Pending
  • Area: Contra Costa County
  • Price: $99,000

Description

Asset Sale

This is an approximately 1000 sq ft location, rent is $4200 a month.3.5 years left on the lease and 1×5 year option. 8 ft hood, with three new fridges, one new freezer and a new stove. It has a Beer and wine license. Two ADA bathrooms. This establishment has been around for 30 years, the new owner took over a year and a half ago. This location can be converted to an Italian, pizza, Korean, Sushi, Deli, or better than all a burger place, or Mediterranean Food. Ice cream, no Latin food. This is in a shopping center in the heart of Contra Costa County and is anchored by a coin-operated laundry. Lot of foot traffic and parking since it has lots of essential businesses surrounding it. The seller looking to sell to have more family life balance.

Business Information

Ownership Type: N/A
Year Established:
Year Purchased: 2021
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: 4453
Date Available: 08/19/2024
Reason For Sale: Moving Away

Financial Information

Annual Total:
312,000
Revenue:
Annual Net Income:
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
4,200
Lease Expires:
Lease Option:
3.5 with 1x5 option
NNN:
Included

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
Terms:

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