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Restaurant

  • Status: Available
  • Price: $195,000

Azeta Towfighi

License No:
DRE #01429740
Email:
azeta@lbaweb.com
Office:
925-932-2450
Mobile:
925-932-2450
  • Listing No: 4198
  • Status: Available
  • Area: Fairfield
  • Price: $195,000

Description

Restaurant Making $350,000

 

This is a 3 x years old restaurant located in a busy intersection, close to freeway and air force base with many businesses around it. Location is great with greater Lease and reasonable Rent for only $6,195 a month for 3,150 Sf space. They are open 7 x days a week (11am-8.30pm). Lease expires 2024 with 3 x 5 years option.  Seller claims his Gross Annual Sale is about $350,000.

Business Information

Ownership Type: Sole Proprietorship
Year Established:
Year Purchased: 2019
Business Type: Restaurant (Mediterranean)
License(s) Required: Business, Health
Hours of Operation: 11am-8.30pm /7 x days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4198
Date Available: 11/09/2022
Reason For Sale: Retiring

Financial Information

Annual Total:
350,000
Revenue:
Annual Net Income:
Inventory:
35,000
Monthly Payroll:
8,000

Lease Information

Base Rent:
6,195
Lease Expires:
2024
Lease Option:
3 x 5 years option
NNN:

Financing Information

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

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