$2,500,000
Restaurant
- Status: Available
- Price: $350,000
Manjot Gill
- License No:
- DRE #01771534
- Email:
- manjot@lbaweb.com
- Office:
- 925-361-5429
- Mobile:
- (408) 242-9137
Description
Owner Operator can easily Make Net Income $150,000
Well established and popular Mediterranean Grill in one of the most desirable location in East Bay. This is a unique style bistro specializing in delicious Mediterranean food. Restaurant was a new construction and opened in early 2019. Menu consists of Halal meat with verity of dishes. The business has 4.5 stars on yelp. Seller claims; 2021 sales were $502,000. Rent was $6,400/m including NNN. 7 year lease left on the current lease. Food Cost is 27%. Net Profit was $97,000 in 2021 as seller claims. An owner operator can easily make over $150,000 Net. Sales from March-Dec., 2019 were $300,000 and in 2020 were $260,00. Hours of operation are 11am- 6pm.
This information has been provided by the seller of the business.
Business Information
Ownership Type:
Corporation
Year Established:
2019
Year Purchased:
2019
Business Type:
Restaurant
License(s) Required:
Business, Health,
Hours of Operation:
11am-8pm / 6 x days a week
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4142
Date Available:
06/01/2022
Reason For Sale:
Other Interest
Financial Information
- Annual Total:
- 502,000
- Revenue:
- 502,000
- Annual Net Income:
- 97,000
- Inventory:
- Monthly Payroll:
Lease Information
- Base Rent:
- 6,400/m
- Lease Expires:
- 2029
- Lease Option:
- NNN:
- included
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
RELATED PROPERTIES
$2,500,000
$150,000
$900,000