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Business For Sale

BREAKFAST/LUNCH WITH $139,900 PROFIT

Attn: Steve Zimmerman
Contra Costa County, CA, USA
Listing Number: "1241"
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Asking Price: $215,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli  
Reason for Selling: other interests
Yearly Revenues: $790,992
Yearly Net Profit: $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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