Restaurant ( Mediterranean)

Restaurant ( Mediterranean)

Available

$119,000.00

Listing Number :

 3765

Status :

Expired

Price :

$119000

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Area

2,424

Description

2,424 sq.ft. Restaurant located in shopping Strip of a busy town. Seller Claims;

Gross Annual Sale; $660,000
Net Income; $120,000
Rent is about; $7,900/m
NNN is; $2,100/m
Lease expires; 2022
Lease option; 1 x 6 years option
Payroll; $3,900/m
#3765
Business Information Financial Information
Ownership Type:  Corporation
Year Established:
Year Purchased:
Business Type: Restaurant ( Mediterranean)
License(s) Required: Business, Heath
Hours of Operation: 10 am- 9 pm
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3765
Date Available: 8/28/2019
Reason For Sale:
Annual Total Revenue: 660,000
Annual Net Income: 120,000
Inventory:
Monthly Payroll: 3,900/m
Lease Information
Base Rent: 7,900/m
Lease Expires: 2022
Lease Option: 1 x 6 years option
NNN: 2,100/m
 
Financing Information
Down Payment: 119,000
Owner Will Carry:
Other Finance Terms:

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