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Restaurant

  • Status: Available
  • Price: $145,000

Sodaba Anwari

License No:
DRE #02093280
Email:
Sodaba@lbaweb.com
Office:
925-932-2450
Mobile:
510-375-9757
  • Listing No: 4162
  • Status: Available
  • Area: Contra Costa
  • Price: $145,000

Description

This is a Restaurant on a 1,200sqft. space located in a busy Shopping Center with lots of foot traffic. They serve Mideastern dishes which has been prepared with fresh ingredients. The Restaurant is casual and family style. There are indoor and outdoor sittings with 20 seats capacity. There are 2 x Part time employees with $4,000 payroll. Base Rent is $2,280 a month with 2% yearly adjustment and NNN of $468/528 a month which includes Water, Garbage, Tax and Insurance. Lease expires 2025 with 1 x 5 years option. Seller claims his Gross Annua Sale is $288,000 and his Net Income is about $60,000 a year. Hours of operation is  11am-9pm / 7 x days a week.

Business Information

Ownership Type: Corporation
Year Established: 2020
Year Purchased: 2020
Business Type: Restaurant
License(s) Required: Business, Health,
Hours of Operation: 11am- 9pm / 7 x days a week
Business Relocatable:
Business Is A Franchise:
Home Based: N/A
Broker To Broker CoOp:
Office Listing Number:
Date Available:
Reason For Sale:

Financial Information

Annual Total:
288,000
Revenue:
Annual Net Income:
60,000
Inventory:
20,000
Monthly Payroll:
4,000

Lease Information

Base Rent:
2,280/m
Lease Expires:
2025
Lease Option:
1 x 5 years option
NNN:
468 / 528

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
Terms:

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