$2,500,000
Restaurant (Mexican)
- Status: Available
- Price: $125,000
Susan Mehravar
- License No:
- DRE #01448422
- Email:
- susan@lbaweb.com
- Office:
- (925) 932-4395
- Mobile:
- (925)932-2450
Description
This is a 1,300 sqft. Mexican restaurant located in a well populated city in a strip Mall. Rent is $4,100 a month including NNN and Water. Lease expire 2023 with 1 x 5 years option. There are 16 seats inside + outside. Hours of operation; (10.00am-10.00pm/ 7 x days a week. There are 4 x employees with $10,000 payroll. Seller claims his Gross Annual Sale is $400,000 and his Net Income is $36,000. New buyer with a proper planning and reviewing the menu with few changes, can make more income.
Business Information
Ownership Type:
Corporation
Year Established:
Year Purchased:
Business Type:
Mexican Restaurant
License(s) Required:
Business, Health, ABC,
Hours of Operation:
10am-10pm / 7 days a week
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4126
Date Available:
04/22/2022
Reason For Sale:
Financial Information
- Annual Total:
- 400,000
- Revenue:
- Annual Net Income:
- 36,000
- Inventory:
- Monthly Payroll:
- 10,000
Lease Information
- Base Rent:
- 4,100/m
- Lease Expires:
- 2023
- Lease Option:
- 1x5 years option
- NNN:
- Included
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
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