Review

Grill & Bar Restaurant
Restaurant, Food Related
In or near Alameda

Status: Available
Price: $100000
Sq Ft: 4,600 Sq Ft.

LBA Listing # 3816
 

  




  




  




  




 
Grill & Bar Restaurant
Restaurant, Food Related


Alameda LBA Listing # 3816
This is an approximately 4,600 Sq Ft Restaurant and Bar with strong Sales and Net Income for an owner operator.  Seller claims his Gross  Annual is over $608,000 and Net Profit of over $110,000.00. The location has inside capacity of 135, Outside of 25 guests and ample parking. Lease was recently renewed for 4 x years with 1 x 5 years option.  This is a  Grill Restaurant with Beer Brewery with strong sales and excellent Net Income. Seller claims the following :
Gross Sales for the year is $812,000.00
Labor Cost = 28%
Bar Cost =23%
Food Cost = 30%
Rent is $14,183/m.
CAM Charges=$2,884.00
Net Income; $106,000.00
 1x 10 BBL MONBLOC FULLY AUTOMATED BREWHOUSE,
This location is now SBA approved with 20% down.
Buyer needs to be experienced in Restaurant or Bar.@@
Status: Available
Price: $100000
Sq Ft: 4,600 Sq Ft.  


Business Information Financial Information
Ownership Type:  Corporation
Year Established:
Year Purchased:
Business Type: Restaurant
License(s) Required: Business, Health, ABC
Hours of Operation: 11.00am-10.00pm/7xdays a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3816
Date Available: 11/04/2019
Reason For Sale: Retiring
Annual Total Revenue: 812,000
Annual Net Income: $106,000
Inventory:
Monthly Payroll: $11,000/m
Lease Information
Base Rent: 14,000/m
Lease Expires: 2024
Lease Option: 1x5 years option
NNN: 2,700/m include CAM
 
Financing Information
Down Payment: $100,000
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.