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Restaurant – (Chinese)

  • Status: Available
  • Price: $99,000

Susan Mehravar

License No:
DRE #01448422
Email:
susan@lbaweb.com
Office:
(925) 932-4395
Mobile:
(925)932-2450
  • Listing No: 4167
  • Status: Available
  • Area: Alameda
  • Price: $99,000

Description

Small Chinese Restaurant

$50,000 Net Income

This is a small Chines Restaurant on a free standing single building with private parking on a busy road. The Restaurant is surrounded by many residential and commercial buildings. It has a full Kitchen including Hood, Walking Cooler, Fryer, Freezer, Meat Slicer and Ice Machine. There are about 20 seats inside the dinning room. It is perfect for American, Vietnamese, Thai and any different concept. Owner just remodeled the kitchen with a new Freezer and shelves and some more new equipment. They are open 7 x days a week from (11am-9pm). Rent is $3,800/m including NNN. Lease expires 2023 with 2 x 5 years options.  Seller claims his Annual Net income is 50,000.

Business Information

Ownership Type: Sole Proprietorship
Year Established:
Year Purchased:
Business Type: Restaurant - Chinese
License(s) Required: Business, Health,
Hours of Operation: 11am-9pm / 7xdays a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4167
Date Available: 08/01/2022
Reason For Sale:

Financial Information

Annual Total:
Revenue:
Annual Net Income:
50,000
Inventory:
Monthly Payroll:
12,000/m

Lease Information

Base Rent:
3,800/m
Lease Expires:
2 x 5 years option
Lease Option:
2023
NNN:
Included

Financing Information

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

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