$2,500,000
Restaurant
- Status: Available
- Price: $145,000
Matt Sadati
- License No:
- DRE #00704888
- Email:
- matt@lbaweb.com
- Office:
- 925-932-2450 x101
- Mobile:
- 925-932-2450
Description
This is a 1,100 sqft. Restaurant located in a busy strip Mall with many other restaurants and businesses in Alameda County. There is seating up to 25 inside with full kitchen which is run by a chef and a cook in full time bases. There are 2 x delivery drivers and 4 x employees with $14,000 payroll. Lease expires 2025 with 1 x 5 years option. Base Rent is $3,200 a month with $1,000 for NNN a year. Seller claims his Gross Annual Sale is about $400,000 and he also claims his net income is about $150,000. The menu is Indo/Chinese. The new owner can change it to different type of food as he wishes. They do lots of catering and delivery, which covers most part of his yearly income.
Business Information
Ownership Type:
Corporation
Year Established:
Year Purchased:
Business Type:
Indo/Chinese
License(s) Required:
Business
Hours of Operation:
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4095
Date Available:
02/24/2022
Reason For Sale:
Need bigger place
Financial Information
- Annual Total:
- 400,000
- Revenue:
- Annual Net Income:
- 250,000
- Inventory:
- Monthly Payroll:
- 14,000
Lease Information
- Base Rent:
- 3,200
- Lease Expires:
- 2025
- Lease Option:
- 1 x 5 years option
- NNN:
- 1,000 a year
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
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