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Restaurant

  • Status: Available
  • Price: $69,000

Susan Mehravar

License No:
DRE #01448422
Email:
susan@lbaweb.com
Office:
(925) 932-4395
Mobile:
(925)932-2450
  • Listing No: 4075
  • Status: Available
  • Area: Alameda County
  • Price: $69,000

Description

This is 1,200sqft. space  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:

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