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Deli – Cafe

  • Status: Available
  • Price: $349,000

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  • Listing No: 4020
  • Status: Available
  • Area: San Mateo County
  • Price: $349,000

Description

This well established Cafe & Deli place is on a 1,500 sq.ft space with Base Rent of $1,224 a month. Lease expires 2026 with 1 x 5 years Option. The Business has been established in year 2000 under the same ownership. There are 3 x employees with $8,000 payroll who help the owner to run the business. It is located close to major Roads,  Academy, Schools and Library. Seller claims his Gross Annual Sale is about $420,000 and he is open only from 8 00 am-5.00 pm Monday – Sat. Seller is ready to retire.

Business Information

Ownership Type: Sole Proprietorship
Year Established: 2000
Year Purchased: 2000
Business Type: Cafe & Deli
License(s) Required: Business, Health
Hours of Operation: 8.00 am-5.00 pm Monday- Sat.
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4020
Date Available: 09/13/2021
Reason For Sale: Retiring

Financial Information

Annual Total:
$420,000
Revenue:
$420,000
Annual Net Income:
$200,000
Inventory:
Monthly Payroll:
$8,000

Lease Information

Base Rent:
$1,224
Lease Expires:
2026
Lease Option:
1x5 years Option
NNN:

Financing Information

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

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