Restaurant (Mexican)

Restaurant (Mexican)

Available

$150,000.00

Listing Number :

 3773

Status :

Expired

Price :

$150000

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Area

1500

Description

Located in the busy down town Concord with a good customer base and walk-in traffic. It’s in a close proximity to office buildings and residential areas. Per owner’s claim, the annual gross sale is $600,000 with a net income of $8,000-$10,000 and potential for increase of income. Beer & Wine license. Indoor and outdoor sittings. It’s approximately 1,500 sq.ft.. The lease is good until 2022 and the buyer might be able to negotiate a new lease with the landlord. Rent and Cam is $7,783 per month.

#3773

Business Information Financial Information
Ownership Type:  Corporation
Year Established:
Year Purchased:
Business Type: Restaurant
License(s) Required: Business, Health
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3773
Date Available: 09/05/19
Reason For Sale: Dissolving partnership
Annual Total Revenue: 600,000
Annual Net Income: 120,000
Inventory:
Monthly Payroll:
Lease Information
Base Rent: 7,783/m
Lease Expires: 2022
Lease Option:
NNN:
 
Financing Information
Down Payment: 150,000
Owner Will Carry:
Other Finance Terms:

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