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Market & Restaurant

  • 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 in down town of well populated City in Alameda County. It is located in junction of major street near schools and residentials. It is a single store building with Parking space around the building. The present owner has divided the space into three and beside Dry Grocery Market, Fresh Meat Butchery section in the store, he has made a small Restaurant with 26 sitting and he 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. #3837

Business Information

Ownership Type: Sole Proprietorship
Year Established:
Year Purchased:
Business Type: Restaurant/Grocery
License(s) Required: Business, Health
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: N/A
Broker To Broker CoOp: No
Office Listing Number: 3837
Date Available: 02/10/2021
Reason For Sale: Relocating

Financial Information

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

Lease Information

Base Rent:
4535/m
Lease Expires:
2023
Lease Option:
1 x2 years Option
NNN:

Financing Information

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

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