$2,500,000
Restaurant
- Status: Pending
- Price: $69,000
Susan Mehravar
- License No:
- DRE #01448422
- Email:
- susan@lbaweb.com
- Office:
- (925) 932-4395
- Mobile:
- (925)932-2450
Description
This is 1,200sqft. spaceĀ that serves Mediterranean Fast-food in heart of Berkeley, where students are his loyal customers day and night 5 x days a week. It is located in prime area, close to collages and anchor stores and other eatery places. Base Rent for this space is only $3,500/m including NNN. Lease expires 2024 with 2 x 5 years option. Hours of operation is (11.00am- 6.30pm) 5 x days a week. There is 1 x employee with $3,400/m payroll. There are 24 x seats inside. Very clean and Fast service. They do Take out and delivery too. Seller claims his Gross Annual Sale is about $240,000.
New buyer can increase his Revenue by extending his hours of operation and days to be open.
Business Information
Ownership Type:
Corporation
Year Established:
Year Purchased:
Business Type:
Fast Food
License(s) Required:
Business, Health
Hours of Operation:
11.30am-6.30pm / 5 x days a week
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4075
Date Available:
01/06/2022
Reason For Sale:
Financial Information
- Annual Total:
- 240,000
- Revenue:
- 240,000
- Annual Net Income:
- Inventory:
- Not Included
- Monthly Payroll:
- 3,400/m
Lease Information
- Base Rent:
- 3,500/m
- Lease Expires:
- 2024
- Lease Option:
- 2 x 5 years Option
- NNN:
- Included
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
RELATED PROPERTIES
$2,500,000
$150,000
$900,000