Restaurant (Indian)

Restaurant (Indian)

Available

$149,000.00

Listing Number :

 3993

Status :

Available

Price :

$149000

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Area

2100

Description

The restaurant is located in down town of the prestige city of bay area. It is Very busy street with heavy foot traffic. People dream to have business in this city. It is 2,100 sq.ft. There is full kitchen, office area, and storage and ADA restrooms. There is a type 47(Full liquor) ABC license. The seller owns this business for 14 years. It has a full kitchen and has a bar. Base Rent is $8,492,000/m include NNN Lease expires in 2 years with 1 x 5 years option. Seller claims his gross annual Sale is drop since Covit19 from $580,00/year to $300,000+.There are 45-50 seating inside and Lease expires in 2022. Rent is $8,492/m. Seller claims his gross annual sale is about $300,000. #3993

 For more information please call the agent Nima Sadati @ 925-787-2094
Business Information Financial Information
Ownership Type:  Corporation
Year Established:
Year Purchased:
Business Type: Indian Restaurant
License(s) Required: Business, Heath, ABC
Hours of Operation: 11.30 am-10.00 pm
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3993
Date Available: 10/12/2020
Reason For Sale:
Annual Total Revenue: 300000
Annual Net Income:
Inventory:
Monthly Payroll:
Lease Information
Base Rent: 8492/m
Lease Expires: 2022
Lease Option: 1 x 5 years option
NNN:
 
Financing Information
Down Payment: 149000
Owner Will Carry:
Other Finance Terms:

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