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Restaurant (Mexican)

  • Status: Sold
  • Price: $110,000

Susan Mehravar

License No:
DRE #01448422
Email:
susan@lbaweb.com
Office:
(925) 932-4395
Mobile:
(925)932-2450
  • Listing No: 3893
  • Status: Sold
  • Area: Contra Costa
  • Price: $110,000

Description

This is a 3,000sq.ft. Mexican RestaurantĀ  with 84 seats inside and 20 seats outdoor, with a full bar Type 47. Rent is $7,666.00 a month which includes (NNN, Water and Garbage). Lease expires 2026. Hours of operations: 6 x days a week (11 am- 7.30 PM). There are 6 x employees with $10,000/m labor cost.

Seller claims his Goss Sale;

2019 = $900,000.00

2020 = $540,000.00

2021 = 600,000.00 so far.

Business Information

Ownership Type: Partnership
Year Established:
Year Purchased:
Business Type: Mexican Restaurant
License(s) Required: Business, Health and ABC
Hours of Operation: 11 am- 7.30 pm / 6 x days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 3898
Date Available: 08/09/2021
Reason For Sale:

Financial Information

Annual Total:
600,000
Revenue:
600,000
Annual Net Income:
Inventory:
Monthly Payroll:
10,000/m

Lease Information

Base Rent:
7,666/m
Lease Expires:
2026
Lease Option:
NNN:
Included

Financing Information

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

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