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Business For Sale
WATERFRONT RESTAURANT DOING $134,000 PROFIT W/ RE
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Asking Price: |
$1,875,000
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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Year Established:
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1993 |
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Yearly Cash Flow:
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$134,000 |
Business for Sale Overview:
Waterfront Restaurant Doing $134,000 Profit with Real Estate.
East Bay, California.
Offered at: $1,875,000;
Revenue: $69,857 per month;
Cash Flow: $11,222 per month;
Lease Rent: Contact For Info;
Square Feet: 1,800 plus outdoor seating plus 1,800 residential condominium.
Listing Description:
This waterfront restaurant is in a growing California area. There is a full kitchen, newer construction, excellent demographics with a large scale new development in the immediate area. The building is roughly 3,600 square feet with an outdoor covered heated patio. The building includes the restaurant on the ground floor and an 1,800 square feet 2 bedroom, 2 bath water residential view condominium with excellent finishes on the second floor. Future commercial use of the second level is an option. The restaurant has been serving locals and visitors great homemade breakfast and lunch for over 15 years. There is seating for 54 inside and up to an additional 60 in the covered and open waterfront patio areas. In that the restaurant is open only 6 days a week for breakfast and lunch there is upside for an additional day of business plus dinner 7 days a week.
Property Features and Assets:
General Information:
Organization: Sole Proprietorship;
Year Established: 1993;
Current Owner: 1993;
# of Employees: Contact For Info;
Seating: 54 inside plus 60 outside;
Square Foot/Size: 1,800 plus outdoor seating plus 1,800 residential condominium;
Parking: Parking lot;
License(s) Required: Business;
Days Open/Hours: 6 / Tue-Sat 5am-2pm, Sun 5am-1:30pm;
Reason For Sale: Other interests.
Financial Information:
Revenue: $69,857 per month;
Cash Flow: $11,222 per month;
Current Inventory: Contact For Info;
Payroll: Contact For Info.
Lease Information:
Lease Rent: Contact For Info;
Lease Expiration: Not Available;
Yearly Adjustment: Not Available;
Lease Option: Not Available;
Security Deposit: Not Available.
Financing Information:
Down Payment: Contact For Info;
All Cash: Contact For Info;
Note Balance: Contact For Info;
Rate/Term of Note: Contact For Info.
Additional Details:
- The property is owned.
- The owner may be willing to train/assist the new owner.
- The owner may be 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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