Restaurant (Italian)
- Status: Pending
- Price: $125,000
Sodaba Anwari
- License No:
- DRE #02093280
- Email:
- Sodaba@lbaweb.com
- Office:
- 925-932-2450
- Mobile:
- 510-375-9757
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: