Restaurant

Restaurant

Available

$65,000.00

Listing Number :

 6258

Status :

Expired

Price :

$65000

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Area

1100

Description

1100 Sf, Mediterranean restaurant, located in a busy shoppingcenter with numerous parking spaces is for sale.The restaurant is located next to several anchor stores, such as,Walmart, Home Depot, and Costco.Open for lunch and dinner, seven days a week from 11 AM to 9 Pm,serving variety of Middle Eastern meals.The concept of the restaurant is seaJng, also with pickup anddelivery. The restaurant is connected with all the major fooddelivery companies online.The rent is $4300 monthly including NNN, with an 11 year leaseagreement.The restaurant runs by 3 employees.The asking price includes all the equipment and fixtures.The gross income is $300,000 and net income is $60,000 a year.

6258

 

Business Information Financial Information
Ownership Type:  Corporation
Year Established:
Year Purchased: 2015
Business Type: Restaurant
License(s) Required: Business, Health
Hours of Operation: 11am-9pm / 7 x days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  Yes
Office Listing Number: 6258
Date Available: 6/3/2019
Reason For Sale: Opening a bigger Restaurant.
Annual Total Revenue: 300000
Annual Net Income: 60000
Inventory: 5000
Monthly Payroll: 2700/m
Lease Information
Base Rent: 4300/m
Lease Expires: 2030
Lease Option:
NNN:
 
Financing Information
Down Payment: 65000
Owner Will Carry:
Other Finance Terms:

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