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Restaurant

  • Status: Available
  • Price: $300,000

Matthew Mejasich

License No:
DRE #02070217
Email:
matthew@lbaweb.com
Office:
925-361-5429
Mobile:
925-932-2450
  • Listing No: 4044
  • Status: Available
  • Area: Fremont
  • Price: $300,000

Description

Prim Location in the heart of well populated City in Alameda County. This 2,300 sq.ft. Restaurant has enough seating capacity inside for 65 and also has outdoor seating. Currently has 6 employees. Hours of operation; 11am- 8.30pm. Seller claims gross annual sale is about $575,000. Rent is $7,800/m. There is built-in walk-in freezer and refrigerator. A new in-ground grease trap that was installed last year. Dishwasher is leased for $220/ month. Lease ends in 2021 with 1 x 5 years option. the owner has been in this business for a long time and has a lot of repeat customers. They offer their guests authentic Middle Eastern Fast Food in Bay Area. All the dishes on the menu has been prepared with freshest ingredient available in the local market, some of the seasoning are imported from oversea. The Restaurant offers casual & family friendly atmosphere.

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased:
Business Type:
License(s) Required: Business Health
Hours of Operation: 11.00am- 8.30pm/7x days a week
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:
575,000
Revenue:
575,000
Annual Net Income:
165,000
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
7,800/m
Lease Expires:
2021
Lease Option:
1 x 5 years option
NNN:

Financing Information

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

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