Cafe/Restaurant

Cafe/Restaurant

Available

$180,000.00

Listing Number :

 3826

Status :

Available

Price :

$180000

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Description

This is a 6,000 sq.ft. Cafe in a tower block building in prime location of  San Mateo County. The Cafe is open 7 am-3 pm 5 x days a week. They cater to most of the offices in that building. The owner has several location and due to the distance from his resident he is willing to sale this location. They prepare healthy food and sandwiches in the location, but hot food is prepared in other location and brought to the Cafe as the place has no hood. The new owner can extend his days and hours of operation. Seller claims his gross annual revenue is about $300,K and his Net Income is $100,K. He also claims his catering brings in about $8,000/month.  # 3826

Business Information Financial Information
Ownership Type:  Corporation
Year Established:
Year Purchased: 2017
Business Type: Cafe
License(s) Required: Business, Health
Hours of Operation: 7 am- 3 pm/ 5 x days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3826
Date Available: 12/18/2019
Reason For Sale: Too far to commute.
Annual Total Revenue: 300000
Annual Net Income: 100000
Inventory:
Monthly Payroll:
Lease Information
Base Rent: 2000/m
Lease Expires: 2027
Lease Option:
NNN:
 
Financing Information
Down Payment: 180000
Owner Will Carry:
Other Finance Terms:

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