Review

Restaurant (Chinese)
Restaurant, Food Related
In or near Contra Costa

Status: Available
Price: $99000
Sq Ft: 3,100 Sq Ft.

LBA Listing # 3998
 

  




  




 
Restaurant (Chinese)
Restaurant, Food Related


Contra Costa LBA Listing # 3998
This is a 3,100 sq.ft. Chinese Restaurant located in busy part of town close to several anchor stores and eaters. Rent is only $3,525/m including NNN. The place has ABC 41 and welcomes 113 guests in the dinning room. they are open 6 x days a week form 11 am- 9.30 pm. Lease expires 2025 with  1 x 5 years option. There are 4 x Full Time and 2 x Part Time employees with $10,000/m Labor cost. Seller claims his Gross Annual Sales is $360,000 and his net income is about $60,000 a year.
Status: Available
Price: $99000
Sq Ft: 3,100 Sq Ft.  


Business Information Financial Information
Ownership Type:  Corporation
Year Established:
Year Purchased:
Business Type: Restaurant (Chinese)
License(s) Required: Business, Heath, ABC
Hours of Operation: 11.00 am-9.30 pm/6 Days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3998
Date Available: 10/30/2020
Reason For Sale:
Annual Total Revenue: $360,000
Annual Net Income: $60,000
Inventory:
Monthly Payroll: $10,000/m
Lease Information
Base Rent: $3,525/m
Lease Expires: 2025
Lease Option: 1 x 5 years option
NNN: included
 
Financing Information
Down Payment: $99,000
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.