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Restaurant

  • Status: Available
  • Price: $150,000

Lida Sadati

License No:
BRE #01825510
Email:
lida@lbaweb.com
Office:
(925) 9325-2450
Mobile:
(925) 325-2434
  • Listing No: 3836
  • Status: Available
  • Area: 1000
  • Price: $150,000

Description

In the heart of East Bay Area, surrounded by large office buildings and shopping areas, at an excellent intersection of traffic lays, quaint Bistro 1,000 sq ft at $3,200 Rent a month that includes the NNN. The NNN includes garbage, water and outside maintenance. 8 foot hood, six burner stove, 2 double fryers, one Deli line fridge and one warm line, 3 stainless steel sinks, a single door freezer.

The lease is a 1×5 year option with 5 more months on the present lease.
Before Covid-19 Seller claimed the annual Gross income was $490,000 and Net income of $60,000.00 with four employees.

During Covid-19 with contra costa changing the restaurant guideline the gross income has been $200,000. Payroll is right now $500.00 per week. with 3 employees.

This restaurant can continue the same American menu or change it to any other casual dining style.
There is a small bar setup with beer and wine license. #3836

Business Information

Ownership Type: Sole Proprietorship
Year Established: 1995
Year Purchased:
Business Type: Business, Heath, ABC
License(s) Required:
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:

Financial Information

Annual Total:
$490,000
Revenue:
Annual Net Income:
$60,000
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
$3,200
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

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