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Restaurant (Mediterranean)

  • Status: Sold
  • Price: $130,000

Azeta Towfighi

License No:
DRE #01429740
Email:
azeta@lbaweb.com
Office:
925-932-2450
Mobile:
925-932-2450
  • Listing No: 4199
  • Status: Sold
  • Area: Sacramento
  • Price: $130,000

Description

Restaurant Making $288,000 in Sale!

This is another Mediterranean Restaurant located a busy part of town in Sacramento with lots of foot traffic. It was purchased a year ago. Asking price for this family style Restaurant is only $130,000. They are open Monday – Sat. (11am-9pm). Lease expires 2025 with 1 x 3 years option. Base Rent is $3,000 a month. There are 3 x employees with $5,000/m payroll. Seller claim his gross annual Sale is about $288,000 and there is $10,000 in inventory.

Business Information

Ownership Type: Sole Proprietorship
Year Established:
Year Purchased: 2022
Business Type: Restaurant
License(s) Required: Business, Health
Hours of Operation: 11am-9pm / 6 x days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4199
Date Available: 11/09/2022
Reason For Sale:

Financial Information

Annual Total:
288,000
Revenue:
Annual Net Income:
Inventory:
10,000
Monthly Payroll:
5,000

Lease Information

Base Rent:
3,000/m
Lease Expires:
2025
Lease Option:
1 x 3 years option
NNN:

Financing Information

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

Contact Us

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