Restaurant

Restaurant

Available

$79,000.00

  • Nikko 3
  • Nikk 1

Listing Number :

 3839

Status :

Available

Price :

$79000

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Area

3400

Description

American Breakfast & Lunch restaurant located in Main street of well populated city with high traffic. It is 3,400 sq.ft. single building with private parking.
The Restaurant is surrounded by many residential and commercial buildings. Large glass frontage, 75 chairs and stools on the counter and booths. Full kitchen including 2 separate hoods, walking cooler, fryer, freezers, meat slicer, ice machine, and more and more.
They do monthly catering and delivery service to 800 customers in this City. Seller claims that his Gross Annual Revenue was about $420,000. Low Rent with 4 years lease. Landlord is willing to give longer lease to new qualified buyer.
Restaurant has well equipped kitchen, it’s perfect for different kind of food such as Vietnamese, Chinese, Indian, Mexican or Pizza.
Dinning room has capacity up to 100 seating.
Restaurant has plenty of private parking on four sides of the building. New owner can put canapes and serve out side dinning to generate more income.
Restaurant run by the family 1FT, 2 PT.
It’s Open 5 days a week (Mon to Fri) From 9:am to 2pm. Before Covid -19 the restaurant was open 24 hours. The new owner can serve dinner or increase the time to 24 hours.
It’s run by same owner for 21 years and ready to be retired. #3839

Business Information Financial Information
Ownership Type:  Corporation
Year Established: 2000
Year Purchased: 2000
Business Type: Restaurant
License(s) Required: Business, Heath,
Hours of Operation: 9 am-2.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: 3839
Date Available: 2/15/2021
Reason For Sale:
Annual Total Revenue: 420000
Annual Net Income:
Inventory:
Monthly Payroll: 8000
Lease Information
Base Rent: 6800
Lease Expires: 2025
Lease Option:
NNN: Included
 
Financing Information
Down Payment: 79000
Owner Will Carry:
Other Finance Terms:

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