Mediterranean Restaurant

Mediterranean Restaurant

Available

$69,900.00

Listing Number :

 6246

Status :

Available

Price :

$69900

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Description

Mediterranean restaurant, located in a busy swap Meet Mall with a large parking lot adjacent to a supermarket and a 99 cents store with 60sq.ft. is for sale. Open for dinner and lunch, seven days a week from 9am- to 9pm, serving variety of Middle Eastern Meals. The rent is $1,500 monthly including all utilities, 2 years lease remaining with option to renew upon approval. The asking price includes all the equipment. 1 part time employee, with $1,200 payroll a month. Seller claims his gross annual income is about $180,000 and he also claims his net income is about $90,000. They do delivery services, and working with post mates and Gru-Hub. For more information please call the agent: Babak @818-287-4547

6246

Business Information Financial Information
Ownership Type:  Sole Partnership
Year Established:
Year Purchased:
Business Type: Restaurant
License(s) Required: Business, Health
Hours of Operation: 9am-8pm/7xdays a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 6246
Date Available: 1/4/2019
Reason For Sale: Health Issue.
Annual Total Revenue: 180000
Annual Net Income: 90000
Inventory:
Monthly Payroll: 1200/m
Lease Information
Base Rent: 1500
Lease Expires:
Lease Option: 2020
NNN:
 
Financing Information
Down Payment: 69900
Owner Will Carry:
Other Finance Terms:

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