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Italian Restaurant

  • Status: Available
  • Price: $160,000

Matt Sadati

License No:
DRE #00704888
Email:
matt@lbaweb.com
Office:
925-932-2450 x101
Mobile:
925-932-2450
  • Listing No: 4516
  • Status: Available
  • Area: Contra Costa County
  • Price: $160,000

Description

Are You Ready to Be Your Own Boss?

$160,000 For a well-established Italian restaurant.

The owner is retiring after 22 successful years, offering a fantastic opportunity to take over this business in a prime location. This established restaurant features a full kitchen, a walk-in cooler, and a freezer, and is situated in a busy shopping center with high commuter traffic. Currently, the restaurant operates just 21 hours a week, from 4:30 PM to 8:00 PM, Tuesday through Sunday. A new owner can significantly expand operations by offering lunch, dinner, and even weekend music events to increase revenue. The restaurant generates over $360,000 in gross sales annually. The monthly lease is $5,000, and the landlord is ready to negotiate a new lease with the right operator. Additionally, the motivated owner is willing to finance part of the purchase price for the right buyer. If you’ve dreamed of owning your own restaurant with minimal cash investment, this is your chance to turn that dream into reality! For more information, contact: Matt Sadati DRE# 00704888,  Taman Ansari at 415-510-6023

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased:
Business Type: Restaurant
License(s) Required:
Hours of Operation: 4:30 PM to 8:00 PM, Sun Closed
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4516
Date Available: 01/10/2025
Reason For Sale:

Financial Information

Annual Total:
$360,000
Revenue:
Annual Net Income:
$60,000
Inventory:
Monthly Payroll:
$9,000

Lease Information

Base Rent:
$5,000
Lease Expires:
Lease Option:
NNN:

Financing Information

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

Contact Us

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