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Restaurant (Chinese)

  • Status: Pending
  • Price: $89,000

Susan Mehravar

License No:
DRE #01448422
Email:
susan@lbaweb.com
Office:
(925) 932-4395
Mobile:
(925)932-2450
  • Listing No: 4169
  • Status: Pending
  • Area: contra Costa County
  • Price: $89,000

Description

This is a 1,600sqft. Chinese Restaurant located in Bay Area with $2,900 a month Rent plus $250 a month for NNN. Lease is good to 2030. there are 38 seats inside and extra room outside. They are open 6 x days a week, (Close on Mondays). Hours of operation was (11am-8.30pm),but since Covid they only open for food to go services. They have ABC 41 as liquor license. Seller claims his Gross Annual Sale is $225,000 and he also claims his net is $45,000 a year.

Business Information

Ownership Type: Sole Proprietorship
Year Established:
Year Purchased:
Business Type: Restaurant
License(s) Required: Business, Health, ABC
Hours of Operation: 11am- 8.30pm / 6 x days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4169
Date Available: 08/02/2022
Reason For Sale:

Financial Information

Annual Total:
225,000
Revenue:
Annual Net Income:
45,000
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
2,900/M
Lease Expires:
2030
Lease Option:
NNN:
250/M

Financing Information

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

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