Search

Restaurant (Mediterranean)

  • Status: Available
  • Price: $155,000

Susan Mehravar

License No:
BRE #01448422
Email:
susan@lbaweb.com
Office:
(925) 932-4395
Mobile:
(925) 330-8141
  • Listing No: 3962
  • Status: Available
  • Area: 1320
  • Price: $155,000

Description

This is a 1,320 sq.ft. Restaurant located in down town of busy and well populated City in Bay Area. There are 28 seats inside and 8 seats outside. Rent is $4,500 a month including NNN. Sellerclaims his Gross Annual Revenue is about $540,000 and he also claims his Net Income is about $84,000 a year. The Restaurant is open from 11.30 am- 9.30 pm 7 x days a week. Lease expires in 2024 with 1 x 5 years option. #3962

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased:
Business Type: Restaurant
License(s) Required: Business, Health
Hours of Operation: 11.30 am- 9.30 pm /7xdays a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 3962
Date Available: 07/14/2020
Reason For Sale:

Financial Information

Annual Total:
$540,000
Revenue:
Annual Net Income:
$84,000
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
4500/m
Lease Expires:
2024
Lease Option:
1 x 5 years option
NNN:
Included

Financing Information

Down Payment:
$155,000
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