Review

Restaurant
Restaurant, Food Related
In or near Placer

Status: Available
Price: $170000
Sq Ft: 1,500 Sq Ft.

LBA Listing # 3597
 

 
Restaurant
Restaurant, Food Related


Placer LBA Listing # 3597
This is 1,500sq.ft. Restaurant located In busy part of town close to residential, schools and high schools. Business started in  2014 and it has been under  the same owner since 2014.  Seller claims his Gross Annual Sale is about $312,000.  He also claims his Annual net income is about $90,000. There are 18  to 20 Seating inside and Kitchen is equipped with Hood Type 1and Ansul System.
Status: Available
Price: $170000
Sq Ft: 1,500 Sq Ft.  


Business Information Financial Information
Ownership Type:  Corporation
Year Established: 2014
Year Purchased: 2014
Business Type: Restaurant, Fast Food
License(s) Required: Business, Health
Hours of Operation: 11am-8.30pm /Mon-Sat.
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3597
Date Available: 12//2018
Reason For Sale: Health Issue.
Annual Total Revenue: 312,000
Annual Net Income: 90,000
Inventory: 4,000-7,000 Currently
Monthly Payroll: 4,000/m
Lease Information
Base Rent: 2,000/m
Lease Expires: August, 2019
Lease Option: 1x5 years option
NNN: 800/m
 
Financing Information
Down Payment: 170,000
Owner Will Carry:
Other Finance Terms:
Disclaimer: This Information has been supplied to Broker by Seller. Broker expressly disclaims any and all liability for representation of warranties, expressed or implied, contained in such information, or for omissions from them. Broker believes such information to be correct, but has not verified or checked it. Any agreement or decision by Buyer to pursue a transaction regarding this Business should be based on further investigation by the Buyer. This information is shared by all Brokers/Agents at Liberty Business Advisors of San Francisco, Inc.