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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
  • Listing No: 4046
  • Status: Pending
  • Area: Contra Costa
  • Price: $1,799,000

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

Ownership Type: Corporation
Year Established:
Year Purchased:
Business Type: Commercial Building
License(s) Required: Business, Health and ABC
Hours of Operation: 11.00am-9.30pm / 6 days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4046
Date Available: 11/08/2021
Reason For Sale:

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:

Contact Us

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