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Restaurant (Vietnamese)

  • Status: Available
  • Price: $219,000

Susan Mehravar

License No:
DRE #01448422
Email:
susan@lbaweb.com
Office:
(925) 932-4395
Mobile:
(925)932-2450
  • Listing No: 4187
  • Status: Available
  • Area: Contra Costa
  • Price: $219,000

Description

Restaurant on a 1,620Sf. space with current Rent of $9,800/m including NNN- water and Garbage. Lease expires 2023 with 1 x5 years option. There are 50 seats inside and 8 seats outside. They are open; Tuesday- Sunday (11.00am-8.00pm), close on Mondays. There are 6 x employees with $20,000/m payroll. Seller claims his Gross Annual Sale is $840,000 and he also claims his Net Income is about $144,000 a year.

Business Information

Ownership Type: Sole Proprietorship
Year Established:
Year Purchased:
Business Type: Vietnamese Restaurant
License(s) Required: Business, Health,
Hours of Operation: 11am-8pm / 6 x days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4187
Date Available: 09/21/2022
Reason For Sale:

Financial Information

Annual Total:
840,000
Revenue:
Annual Net Income:
144,000
Inventory:
Monthly Payroll:
20,000

Lease Information

Base Rent:
9,800/m
Lease Expires:
2023
Lease Option:
1 x5 years option
NNN:
Included

Financing Information

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

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