Review

Franchise Restaurant
Restaurant, Food Related
In or near San Mateo

Status: Available
Price: $149000
Sq Ft: 600 Sq Ft.

LBA Listing # 3452
 

  




  




  




 
Franchise Restaurant
Restaurant, Food Related


San Mateo LBA Listing # 3452
This is a Franchise Sandwich place located in an active shopping Strip with high visibility and high traffic counts and easy access to Highway. Very well kept Mall which has been remodeled recently. This is an absentee owner business, run by 5 x Part Time employees. There are 12 seats and more seats are available in commend area of the Mall (Food Court). Hours of Operation 10.00am-9.00pm - 7 x days a week. Seller Claims his Gross Annual Sales $480,000. Seller also claims his net Annual income is about $53,000 from this location. Lease expires in 2027.  Rent is $9,000/m Includes  NNN, (PG&E, Garbage, Advertising, maintenance  and Security). The only Restaurant that has his own Bathroom in that Mall. For more information please call the agent.
Status: Available
Price: $149000
Sq Ft: 600 Sq Ft.  


Business Information Financial Information
Ownership Type:  Corporation
Year Established:
Year Purchased:
Business Type: Franchise Restaurant
License(s) Required: Business, Health
Hours of Operation: 10.00am-9.00pm/7xdays a week
Business Relocatable: No
Business Is A Franchise: Yes
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3452
Date Available: 1/20/2018
Reason For Sale:
Annual Total Revenue: 480,000
Annual Net Income: 53,000
Inventory:
Monthly Payroll: 6,000/m
Lease Information
Base Rent: 9,000/m
Lease Expires: 2027
Lease Option:
NNN: included, Water, Garbage,PG&E, Advertisig,Security
 
Financing Information
Down Payment: 149,000
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.