Search

Restaurant

  • Status: Available
  • Price: $250,000

Matthew Mejasich

License No:
DRE #02070217
Email:
matthew@lbaweb.com
Office:
925-932-2450
Mobile:
925-932-2450
  • Listing No: 4044
  • Status: Available
  • Area: Fremont
  • Price: $250,000

Description

Restaurant

 $165,000 Net Income

Prim Location in the heart of well populated City in Alameda County. The place is like Cheers Bar in SF, where the neighborhood visit their local Restaurant regularly . It is surrounded by several hundreds of apartments and home town.  Across from the Restaurant, new constructions is started and very soon there would be another 325 apartments which would help to increase the revenue.  Dinning room provides 65 seats and has outdoor seating of 25. Hours of operation; 11am- 8.30pm. Seller claims Gross Annual Sale is about $708,000. There is built-in walk-in freezer and refrigerator. A new in-ground grease trap that was installed last year. Lease ends in 2026. the owner has been in this business for a long time and has a lot of repeat customers. All the dishes on the menu has been prepared with freshest ingredient available in the local market.

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased:
Business Type:
License(s) Required: Business Health
Hours of Operation: 11.00am- 8.30pm
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4044
Date Available: 10/22/2021
Reason For Sale: Retiring

Financial Information

Annual Total:
708,000
Revenue:
708,000
Annual Net Income:
165,000
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
7,800/m
Lease Expires:
2026
Lease Option:
NNN:

Financing Information

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

Contact Us

    RELATED PROPERTIES

    $2,500,000

    Gas Station and Mart

    Alameda County
    $150,000

    Franchise Pizza Restaurant

    Contra Costa County
    $900,000

    Liquor Store

    Alameda County