Search

Restaurant

  • Status: Available
  • Price: $130,000

Lida Sadati

License No:
DRE #01825510
Email:
lida@lbaweb.com
Office:
(925) 9325-2450
Mobile:
(925) 932-2450
  • Listing No: 3836
  • Status: Available
  • Area: 1000
  • Price: $130,000

Description

On Average the seller claims average sales are approximately $460,000, Net income of $72,000

This is a 1000 sq ft location that was established 20 years ago under the same ownership. The current rent is $3213.00 this includes the CAM charges. CAM charge includes garbage, water, tax, insurance and exterior maintenance. This is a very busy shopping center with a great deal of essential merchants surrounding it, there a block away is a large apartment and office complex in the heart of Concord.

There are 4 Pt Employees @ $18-15 per hour.

There is a Beer and Wine license 41

The Seat inside is 48 and right now there are three to four tables outside.

 2 ADA bathroom, 8 foot type(1)  hood, 6 burner, double fryer, steam table, 5 fridge, 1 freezer, Grease trap.

Sales for 2021 have steadily been rising as more Covid -19 restrictions have eased up.

June 32660

May 32614

April  28270

March 24662

Feb 19800

Jan 13500

This location is operating as European cuisine at the moment, but can be converted to a Burger place, sushi or breakfast and lunch location, or a small to go Chinese food place the possibilities are endless.

Business Information

Ownership Type: Sole Proprietorship
Year Established: 1995
Year Purchased:
Business Type: Restaurant
License(s) Required: Business, Heath, ABC
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 3836
Date Available: 02/04/2021
Reason For Sale: Retiring

Financial Information

Annual Total:
$460,000
Revenue:
$460,000
Annual Net Income:
72,000
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
3,223.
Lease Expires:
2021
Lease Option:
1 x 5 years option
NNN:
Included

Financing Information

Down Payment:
$130,000
Owner Will Carry:
Other Finance:
Terms:

Contact Us

    RELATED PROPERTIES

    $2,500,000

    Gas Station and Mart

    Alameda County
    $150,000

    Franchise Pizza Restaurant

    Contra Costa County
    $900,000

    Liquor Store

    Alameda County