Search

Restaurant (Italian)

  • Status: Available
  • Price: $125,000

Sodaba Anwari

License No:
DRE #02093280
Email:
Sodaba@lbaweb.com
Office:
510-564-4433
Mobile:
510-375-9757
  • Listing No: 4102
  • Status: Available
  • Area: Alameda County
  • Price: $125,000

Description

Italian Restaurant Making Net 

$144,000

Well established and well known Italian Restaurant since 2011 located in a well populated City on a 1,000sqft space. It was chosen the Best Italian Restaurant in Alameda County. Rent is $2,100 a month and opens 4.30 pm- 9.00pm Monday through Saturday. This is an owner operated Business with 11 x part time employees. His payroll is about $20,000 a month. Seller claims his Gross Annual Sale is about 540,000 and he also claims his Net Income is about $144,000. The place is always crowded and welcomes casual and family style of dinning. Indoor sitting Capacity is about 30.

Business Information

Ownership Type: Corporation
Year Established: 2011
Year Purchased: 2011
Business Type: Restaurant
License(s) Required: Business, Health, ABC
Hours of Operation: 4.30 pm- 9.00 pm / Monday through Sat.
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4102
Date Available: 03/07/2022
Reason For Sale: Relocating

Financial Information

Annual Total:
540,000
Revenue:
Annual Net Income:
144,000
Inventory:
5,000
Monthly Payroll:
20,000

Lease Information

Base Rent:
2,100
Lease Expires:
month to month
Lease Option:
NNN:

Financing Information

Down Payment:
125,000
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