$2,500,000
Restaurant and Grocery Store
- Status: Sold
- Price: $120,000
Matt Sadati
- License No:
- DRE #00704888
- Email:
- matt@lbaweb.com
- Office:
- 925-932-2450 x101
- Mobile:
- 925-932-2450
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:
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