Restaurant / Bakery

Restaurant / Bakery

Available

$140,000.00

Listing Number :

 3751

Status :

Expired

Price :

$140000

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Area

2185

Description

This is a 2185 sq.ft restaurant which seats 50 inside and 26 outsides in a great location with heavy traffic. The rent for this restaurant is $5756 a month. lease expires in 2022 with 3-5 years option.

Seller claims: the Gross Annual Income is $540,000/ year with net income of $72,000/year. The store is open 6 days a week from 7am-3pm with 5 PT employees. The Business has been open for 8 years.
3751
Business Information Financial Information
Ownership Type:  Partnership
Year Established: 2011
Year Purchased:
Business Type: Restaurant/Bakery
License(s) Required: Business,Health
Hours of Operation: 6days a week 7AM-3PM
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3751
Date Available: 08/06/2019
Reason For Sale:
Annual Total Revenue: 540000
Annual Net Income: 72000
Inventory:
Monthly Payroll: 8000
Lease Information
Base Rent: 5756/m
Lease Expires: 2022
Lease Option: 3-5 years
NNN:
 
Financing Information
Down Payment: 140000
Owner Will Carry:
Other Finance Terms:

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