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Restaurant

  • Status: Available
  • Price: $285,000

Susan Mehravar

License No:
DRE #01448422
Email:
susan@lbaweb.com
Office:
(925) 932-4395
Mobile:
(925)932-2450
  • Listing No: 3877
  • Status: Available
  • Area: Contra Costa County
  • Price: $285,000

Description

This is a 2,800 sq.ft. Restaurant that can seats70 guests inside and 20 outside in the patio. Base Rent is $8,600 a month including NNN. Seller claims his Gross Annual Sale is $950,000 and his Net is $15,000 a month. Hours of operation; 11.30am – 9.00pm / 6 days a week. There are (4 Full Time & 2 Part Time employees) with $18,600/m payroll.

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased:
Business Type: Restaurant
License(s) Required: Business, Health and ABC
Hours of Operation: 11.30am-9.00pm / 6 days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 3877
Date Available: 06/24/2021
Reason For Sale: Other Interest

Financial Information

Annual Total:
950,000
Revenue:
950,000
Annual Net Income:
180,000
Inventory:
Monthly Payroll:
18,600

Lease Information

Base Rent:
8,600/m
Lease Expires:
2026
Lease Option:
1 x 5 years Option
NNN:
Included

Financing Information

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

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