Mexican Restaurant

Mexican Restaurant

Available

$90,000.00

Listing Number :

 3768

Status :

Expired

Price :

$90000

Share

Added to Favorite

Favorite

Print

Area

1475

Description

1,475 sq.ft. Popular Mexican Restaurant located in Bay Area. Seller claims his Gross Annual Sale is About $420,000 and he also claims his Net Income is $60,000 a year. Base Rent is $4,550/m including NNN. Lease expires 2023 with 1 x 5 years option.

#3768

Business Information Financial Information
Ownership Type:  Corporation
Year Established: 2009
Year Purchased:
Business Type: Restaurant ( Mexican)
License(s) Required: Business, Heath, ABC
Hours of Operation: 9.00 am-9.00 pm/6 Days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3768
Date Available: 9/5/2019
Reason For Sale:
Annual Total Revenue: 420,000
Annual Net Income: 60,000
Inventory: 19,000
Monthly Payroll:
Lease Information
Base Rent: 4,550/m
Lease Expires: 2023
Lease Option: 1 x 5 years option
NNN: Included
 
Financing Information
Down Payment: 90,000
Owner Will Carry:
Other Finance Terms:

Similar Properties