Business for Sale Overview:
Established Danville Restaurant WITH $840,000 Sales in Strong Location - PRICE REDUCTION
RRC# 1448
Offered at: $159,000
Location: Danville, California
Revenue: $70,000 / month
Listing Description:
This restaurant has an open airy feeling with a display kitchen and a combination of tables and chairs with granite table tops and some counter seats. Some of the equipment includes as follows: a POS system, hand sink, 11' type 1 hood with fire suppression system, 2 compartment soup warmer, ice machine, 2 door undercounter refrigerator, walkin refrigerator, washer/dryer, 3 wood bruning grills, 10 burners over 2 ovens, 2 compartment steamtable, 3 door undercounter refrigerator + sandwich station, 2 door freezer and 2 - 4' display refrigerators, etc. There are also 2 ADA restrooms, a dishwashing area and prep kitchen. The name and menu are not included as part of the sale. The rent includes NNN expenses which include insurance, real estate taxes and CAM costs and the rent also includes garbage, water and sewage. When you factor all the above items together the rent is actually somewhere between $5,064- $5,279 NNN or between $2.35 - $2.45 square foot.
General Information
Organization: Corporation
Seating: 66+
Square Foot/Size: 2,155
Parking: Parking lot
License(s) Required: Business, ABC Type 41 (Beer & Wine)
Days Open/Hours: Contact For Info
Lease Information
Lease Rent: $7,657 see narative above
Lease Expiration: 1/31/13
Yearly Adjustment: Fixed increases
Lease Option: Negotiable
Security Deposit: Not Available
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
General Information:
Organization: LLC;
Year Established: Contact For Info;
Current Owner: Contact For Info;
# of Employees: Contact For Info;
Seating: 66 plus;
Square Foot/Size: 2,155;
Parking: Parking lot;
License Required: Business, ABC Type 41 (Beer & Wine);
Days Open/Hours: Contact For Info;
Reason For Sale: Other interests.
Financial Information:
Revenue: $70,000 per month;
Cash Flow: Contact For Info;
Current Inventory: Contact For Info;
Payroll: Contact For Info.
Lease Information:
Lease Rent: $7,435 per month;
Lease Expiration: 1/31/13;
Yearly Adjustment: Fixed increases;
Lease Option: Negotiable;
Security Deposit: N/A.
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.