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Restaurant (Mexican)

  • Status: Sold
  • Price: $75,000

Susan Mehravar

License No:
DRE #01448422
Email:
susan@lbaweb.com
Office:
(925) 932-4395
Mobile:
(925)932-2450
  • Listing No: 3894
  • Status: Sold
  • Area: Contra Costa County
  • Price: $75,000

Description

1,750sq.ft. Mexican Restaurant located on a major busy street close to down town of well populated City in Contra Costa County. Rent is $3,500 a month. Lease expires 2026. The Restaurant has private parking and dinning room can accommodate 50 x guests inside. The place has ABC 41 License and can be run by 4 x employees. Seller claims his Gross Annual Sale is about $240,000. The new owner can have outdoor seating by adding tables & chairs in the parking lot. Recently the owner has spend some money to remodel some part of inside the restaurant and most of the equipment are new.

Business Information

Ownership Type: Sole Proprietorship
Year Established:
Year Purchased:
Business Type: Mexican Restaurant
License(s) Required: Business, Health and ABC
Hours of Operation: 6 x days a week (10.30am- 4.30 pm)
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 3894
Date Available: 08/19/2021
Reason For Sale:

Financial Information

Annual Total:
240,000
Revenue:
240,000
Annual Net Income:
Inventory:
Monthly Payroll:
14,000

Lease Information

Base Rent:
3,500/m
Lease Expires:
2026
Lease Option:
NNN:

Financing Information

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

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