Restaurant
- Status: Available
- Price: $199,000
Sodaba Anwari
- License No:
- DRE #02093280
- Email:
- Sodaba@lbaweb.com
- Office:
- 925-932-2450
- Mobile:
- 510-375-9757
Description
This is a 1,200sqft. Restaurant located in a strip Mall with lots of foot traffic and plenty of parking spaces around it. The Restaurant is casual and family type place with very reasonable prices. most of the dishes are prepared with fresh ingredient. Rent is $3,600 a month with $2,500 security deposit for the new owner. Lease expires 2026 with 1 x 5 years option. Hours of operation; (11.00am-9.00pm / 6 x days a week). There are 4 x Full Time and 2 x Part Time employees with $12,000 a month payroll. Seller claims his Gross Annual Sale is about $480,000. Very motivated Seller.
Business Information
Ownership Type:
Sole Proprietorship
Year Established:
2016
Year Purchased:
2016
Business Type:
Restaurant (Vietnamese)
License(s) Required:
Business, Health, ABC
Hours of Operation:
11.00am-9.00pm /6 x days a week
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4079
Date Available:
01/19/2022
Reason For Sale:
Retiring
Financial Information
- Annual Total:
- 480,000
- Revenue:
- 480,000
- Annual Net Income:
- Inventory:
- Monthly Payroll:
- 12,000/m
Lease Information
- Base Rent:
- 3,600/m
- Lease Expires:
- 2026
- Lease Option:
- 1 x 5 years option
- NNN:
Financing Information
- Down Payment:
- 240,000
- Owner Will Carry:
- Other Finance:
- Terms: