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Business For Sale
BREAKFAST/LUNCH WITH $139,900 PROFIT
Attn:
Steve Zimmerman
Contra Costa County, CA, USA
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Listing Number: "1241"
Print this
Listing
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Asking Price: |
$215,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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other interests |
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Yearly Revenues:
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$790,992 |
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Yearly Net Profit:
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$139,900 |
Business for Sale Overview:
This restaurant has a warm and comfortable feeling, a well established regular clientele and is in one of the most desirable residential areas in Contra Costa County. The restaurant seats 50 inside and an additional 50 outside in a garden setting. There is a full kitchen with some of the equipment including: 2 full door refrigerator, 3 door undercounter refrigerator + sandwich station, 7' type 1 hood with fire suppression system, 2' flat grill + 6 burners over 2 ovens, 2'6" flat grill, conveyor toaster, 2 microwaves, 2 full door refrigerator, coffee grinder, 2 group espresso machine, walkin refrigerator and 3 full door freezer, etc. The business is being sold AS IS and the buyer will need to satisfy the health department corrective work and the landlord required improvements. The landlord will not participate in the required improvements. The buyer will make these improvements after the close of escrow. The purchase price of the restaurant was reduced accordingly.
Property Features and Assets:
General Information:
Organization: Corporation
Year Established: Contact For Info
Current Owner: Contact For Info
# of Employees: Contact For Info
Seating: 50 inside + 50 outside
Square Foot/Size: 1,139 + large outdoor seating area
Parking: Parking lot
Lic. Required: Business
Days Open/Hours: Breakfast and Lunch Daily
Reason For Sale: Other interests
Financial Information:
Revenue: $65,916 / month
Cash Flow: $11,658 / month
Current Inventory: Contact For Info
Payroll: Contact For Info
Lease Information:
Lease Rent: $5,400 vs 6% of sales
Lease Expiration: 10 years
Yearly Adjustment: 3%
Lease Option: Not Available
Security Deposit: Not Available
Contact Information:
Name: Steve Zimmerman
Restaurant Realty Company
Address: 21 Tamal Vista Blvd, Suite 201
Corte Madera, CA 94925
Phone: 415-945-9701
Fax: 415-945-9702
Email: inquiry@restaurantrealty.com
Website: www.restaurantrealty.com
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- The owner is not willing to work for 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.
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