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Restaurant

  • Status: Pending
  • Price: $99,000

Babak “BOB” Shamtoub

License No:
DRE #02050054
Email:
babak@lbaweb.com
Office:
424-542-1402
Mobile:
424-542-1402
  • Listing No: 6306
  • Status: Pending
  • Area: 7000
  • Price: $99,000

Description

7,00 sq.ft. Healthy Food Restaurant / Salad & Juice Bar for sale, located in prime location close to the beach. Seller claims his average Annual Sale is about $696,000 and his Net Income is about $96,000. Rent used to be $13,000/m and due to current situation there is a huge possibility of lower monthly rent up to $5,000/m. Hours of operation; (7 x days a week from 11 am- 7 pm). There are 4 x Full Time & 5 Part Time). All equipment such as (Freezer, Panini Machine, Refrigerator, Juice Maker) and much more. #6306

Business Information

Ownership Type: Corporation
Year Established: 2014
Year Purchased: 2014
Business Type: Restaurant
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: 6306
Date Available: 09/01/2020
Reason For Sale:

Financial Information

Annual Total:
$696,000
Revenue:
Annual Net Income:
$96,000
Inventory:
Monthly Payroll:
18400/m

Lease Information

Base Rent:
8637/m
Lease Expires:
Lease Option:
NNN:
4322/m

Financing Information

Down Payment:
$99,000
Owner Will Carry:
Other Finance:
Terms:

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