Review

Restaurant
Restaurant, Food Related
In or near Contra Costa

Status: Available
Price: $75000
Sq Ft: 1440 Sq Ft.

LBA Listing # 3508
Restaurant
Restaurant, Food Related


Contra Costa LBA Listing # 3508
                                                  ASSET SALE RESTAURANT
For sale is a fully equipped Restaurant site located in an Outdoor Strip type Center with a daily traffic count of approximately 30,000 cars. The site is currently up and running Restaurant  with Maximum Occupancy of 49. The name and menu are not included in asking price.  Lease is a 5 year, starting December 2013 with a current base Rent of $1.80 a sq.ft. and with common area maintenance (CAM) $3,739/m.  A new lease to new owner will see a 3% increase in base Rent effective 1/1/2019. The lease does have exclusive on Hamburgers and Pizza as Restriction for the  owner.  Fixture and equipment list are available. As this is an  ASSET SALE there is not sales figures  available. Reason for sale is the sellers are looking forward to starting a  family.
Status: Available
Price: $75000
Sq Ft: 1440 Sq Ft.  


Business Information Financial Information
Ownership Type:  Corporation
Year Established: 2016
Year Purchased: 2016
Business Type: Restaurant
License(s) Required: Business, Health, ABC
Hours of Operation: 11.30am-4.30pm/Mon- Sat.
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3508
Date Available: 7/9/2018
Reason For Sale: Family Issues.
Annual Total Revenue:
Annual Net Income:
Inventory:
Monthly Payroll:
Lease Information
Base Rent: 3,739.12
Lease Expires: 2018
Lease Option: 1x5 years option
NNN: Included
 
Financing Information
Down Payment: 75,000
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.