$2,500,000
Restaurant
- Status: Pending
- Price: $760,000
Steve McAdaragh
- License No:
- DRE #01424842
- Email:
- steve@lbaweb.com
- Office:
- 925-932-2450
- Mobile:
- 925-932-2450
Description
Prime location! Popular and modern restaurant. Capacity 97. Approx. 6739sf. Seller claims annual Net Profit is $284,000. Monthly gross sales $140,000 per month! Projected 2021 gross sales $1.7 million. Open 6 days a week. 13 years remain on lease. The sale includes all equipment, furniture, fixtures, type 47 liquor license w/retail. Restaurant has a large well-equipped kitchen, covered patio, beautiful rectangular bar, 2 private dining areas for special events. One room can accommodate 35 guests and it is perfect for small party and the other room is much smaller for company meeting. Equipment is only a couple years old. Stunning space with beautiful décor. There were approximately $2 million in renovations. A golden opportunity for owner operator. A must see! Call Now!
An investor with a vision can Create more Revenue by being open for lunch, as the place is in busy part of this well populated city with different anchor stores, Banks and other Restaurants along the Avenue near by.
Business Information
Ownership Type:
Corporation
Year Established:
Year Purchased:
Business Type:
Restaurant
License(s) Required:
Business, Health, ABC
Hours of Operation:
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4017
Date Available:
09/01/2021
Reason For Sale:
Financial Information
- Annual Total:
- 1,680,000
- Revenue:
- 1,680,000
- Annual Net Income:
- 284,000
- Inventory:
- Monthly Payroll:
Lease Information
- Base Rent:
- 24,000/m
- Lease Expires:
- 2034
- Lease Option:
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
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