$2,500,000
Restaurant
- Status: Available
- Price: $65,000
Matt Sadati
- License No:
- DRE #00704888
- Email:
- matt@lbaweb.com
- Office:
- 925-932-2450 x101
- Mobile:
- 925-932-2450
Description
This is a 1100 sq.ft. Restaurant located in a busy Plaza with several anchor stores and eateries around it. The Restaurant has been under the same management for the past 12 years. They serve Mediterranean food and different kinds of Kebabs with fresh ingredients and local herbs and spices. It is a casual family type of Restaurant. The seller is claiming his gross annual sale is about 264,000. This is a absentee run business with $4,000/m payroll and $3,767/m Rent for 1100 sq.ft. space. A new owner can increase the revenue with some small changes and reduce his expenses if he is more active in running this restaurant. Motivated seller and will carry $20,K with good credit. #3819
Business Information
Ownership Type:
Sole Proprietorship
Year Established:
Year Purchased:
2006
Business Type:
Pizza, Kebab Place
License(s) Required:
Business, Health
Hours of Operation:
11 am-9 Pm/7 x days a week
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
3819
Date Available:
11/26/2019
Reason For Sale:
Owner is busy running a larger restaurant not enough time.
Financial Information
- Annual Total:
- $264,000
- Revenue:
- Annual Net Income:
- Inventory:
- Monthly Payroll:
- $4,000
Lease Information
- Base Rent:
- 3767/m
- Lease Expires:
- 2021
- Lease Option:
- NNN:
Financing Information
- Down Payment:
- $45,000
- Owner Will Carry:
- Seller carries $20000
- Other Finance:
- Terms:
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