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Restaurant

  • Status: Sold
  • Price: $90,000

Nima Sadati

License No:
DRE #01358748
Email:
nima@lbaweb.com
Office:
925-932-2450
Mobile:
925-932-2450
  • Listing No: 4241
  • Status: Sold
  • Area: San Joaquin
  • Price: $90,000

Description

This is a 1300 sq ft small country breakfast and launch place. Location is in Corner, Surrounded by businesses and residential. They serve American breakfast and lunch. Open from 7:00am to 2:00pm.Very low rent of $2200 including NNN. It has a 5 years and 5 years option. Inside Seating is 60 and 20 outside. There are 4 full time employees. Seller claims the annual gross income is $384,000 and Net of $60,000. New owner can open it for dinner to increase the income.

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased:
Business Type: Restaurant
License(s) Required: Business, Health
Hours of Operation: 7.00am- 2.00pm
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4241
Date Available: 03/01/2023
Reason For Sale: Other Interest

Financial Information

Annual Total:
384,000
Revenue:
Annual Net Income:
60,000
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
2,200
Lease Expires:
2028
Lease Option:
1x5 years option
NNN:
Included

Financing Information

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

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