Search

Mediterranean Restaurant

  • Status: Available
  • Price: $69,900

Babak “BOB” Shamtoub

License No:
BRE #02050054
Email:
babak@lbaweb.com
Office:
424-542-1402
Mobile:
818-287-4547
  • Listing No: 6246
  • Status: Available
  • Area: Hollywood
  • Price: $69,900

Description

Mediterranean restaurant, located in a busy swap Meet Mall with a large parking lot adjacent to a supermarket and a 99 cents store with 60sq.ft. is for sale. Open for dinner and lunch, seven days a week from 9am- to 9pm, serving variety of Middle Eastern Meals. The rent is $1,500 monthly including all utilities, 2 years lease remaining with option to renew upon approval. The asking price includes all the equipment. 1 part time employee, with $1,200 payroll a month. Seller claims his gross annual income is about $180,000 and he also claims his net income is about $90,000. They do delivery services, and working with post mates and Gru-Hub. For more information please call the agent: Babak @818-287-4547

6246

Business Information

Ownership Type: Sole Proprietorship
Year Established:
Year Purchased:
Business Type: Restaurant
License(s) Required: Business, Health
Hours of Operation: 9am-8pm/7xdays a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 6246
Date Available: 01/04/2019
Reason For Sale: Health Issue.

Financial Information

Annual Total:
$180,000
Revenue:
Annual Net Income:
$90,000
Inventory:
Monthly Payroll:
1200/m

Lease Information

Base Rent:
$1,500
Lease Expires:
Lease Option:
2020
NNN:

Financing Information

Down Payment:
$69,900
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