Search

Restaurant and Grocery Store

  • Status: Available
  • Price: $120,000

Matt Sadati

License No:
DRE #00704888
Email:
matt@lbaweb.com
Office:
925-932-2450 x101
Mobile:
925-932-2450
  • Listing No: 3837
  • Status: Available
  • Area: Hayward
  • Price: $120,000

Description

This is a 2,610 sq.ft. well established Restaurant/Market, located in junction of major street near schools and residentials down town of Alameda County. It is a single store building with Parking space around the building.

The present owner has divided the space into three sections;

1-  Dry Grocery Market,

2- They sale Fresh Meat Butcher shop in the store,

3- The third section has been designed into small Restaurant with 26 sitting that they serves  Mediterranean food.

They do catering and using delivery services with Doordash and Grubhub. Seller claims his Gross Annual Revenue is about $395,000 including $10,000 a month for catering and delivery. Rent is $4,535/m. Lease expires 2023 with 1 x 2 years option. Landlord is willing to give longer lease to new investor. The store has been kept very clean and well organized.

Business Information

Ownership Type: Sole Proprietorship
Year Established:
Year Purchased:
Business Type: Restaurant/Grocery
License(s) Required: Business, Health
Hours of Operation: 8.30am-8.30pm / 7 x days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: N/A
Broker To Broker CoOp: No
Office Listing Number: 3837
Date Available: 02/06/2021
Reason For Sale: Relocating

Financial Information

Annual Total:
$395,000
Revenue:
Annual Net Income:
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
4,535/m
Lease Expires:
2023
Lease Option:
1 x2 years Option
NNN:

Financing Information

Down Payment:
$130,000
Owner Will Carry:
Other Finance:
Terms:

Contact Us

    RELATED PROPERTIES

    $2,500,000

    Gas Station and Mart

    Alameda County
    $150,000

    Franchise Pizza Restaurant

    Contra Costa County
    $900,000

    Liquor Store

    Alameda County