Commercial Building
- Status: Pending
- Price: $1,799,000
Susan Mehravar
- License No:
- DRE #01448422
- Email:
- susan@lbaweb.com
- Office:
- (925) 932-4395
- Mobile:
- (925)932-2450
Description
The current owner owns the business and the building and is willing to sell one or both together. This restaurant is housed in a beautiful, custom-built, fancy building that resembles a palace fit for a king. The décor includes marble tables, and a bar to serve hard liquor and 5000 sq.ft of space which is ideal for large parties and banquets. The kitchen uses the highest quality of equipment with a long kitchen hood and a large storage room. The restaurant is located on Lone Tree Way in Antioch near Brentwood in a commercial area with lots of newer homes and a thriving community where a restaurant business can flourish. The seller is also the restaurant owner. The buyer can either just purchase this real estate building or just lease the space to use for the restaurant business. Or if you prefer, you can buy only the building and be the landlord. Or the best way is to buy both the building and the business and operate the restaurant and be your own landlord and pay no rent.
Business Information
Financial Information
- Annual Total:
- 720,000
- Revenue:
- Annual Net Income:
- Inventory:
- Monthly Payroll:
- 20,000
Lease Information
- Base Rent:
- 8,000
- Lease Expires:
- 2026
- Lease Option:
- 1x 5 years option
- NNN:
- 2,500
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms: