Restaurant

Restaurant

Available

$150,000.00

Listing Number :

 3611

Status :

Expired

Price :

$150000

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Area

2200

Description

After many years of success at this location, the current operator is looking towards retirement and presents this rare opportunity for the savvy restaurateur. This offering is for a turnkey full-service restaurant with a Type-47 ABC license included and fully equipped kitchen. Located in a desirable location with plenty of traffic and around many office buildings the light and open interior boasts high ceilings throughout its 2,200 square feet, which seats 50+. The current owner Closes Sundays and Mondays closed at 4pm.This is an excellent location, and parking lot provides both off-street delivery access to storage and unlimited parking stalls. Building and utility system updates have been permitted and the premises are ADA compliant.The purchase price includes the business, all FFE, improvements and ABC license. Lease term is for 7 years + 10year option. This space is a great opportunity for someone with the experience and vision to take it to the next level. Hours of operation are Closed Sundays, Monday 11-4 Tuesday- Saturday 11-7pm. Seller Claims $480,000 gross sales.

3611

 

Business Information Financial Information
Ownership Type:  Corporation
Year Established:
Year Purchased:
Business Type: Restaurant
License(s) Required: Business, Health, ABC
Hours of Operation: 11am-4pm/ 6xdays a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3611
Date Available: 1/7/2019
Reason For Sale: Other Interest.
Annual Total Revenue: 480000
Annual Net Income:
Inventory:
Monthly Payroll:
Lease Information
Base Rent: 5193/m Lease expires 2026
Lease Expires:
Lease Option: 1 x 5 years Option
NNN:
 
Financing Information
Down Payment: 150000
Owner Will Carry:
Other Finance Terms:

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