1100 sq ft fast food restaurant with low rent

Newark, CA
Alameda County

shipping center


Asking Price: Annual Revenue:
$65,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: 1100 sq ft fast food restaurant with low rent Broker: nima
License #: DRE # 01358748

Quick Facts

Asking Price: $65,000
Annual Revenue: Not Disclosed
Net Profit: $264,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2008
Employees: Not Disclosed
BBN Listing #: 470562197
Broker Reference #: Not Disclosed

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Business Overview:

This is an 1,100 square feet. Restaurant located in a busy Plaza with several anchor stores and eateries around it. The Restaurant has been under the same management for the past 12 years. They serve Mediterranean food and different kinds of Kebabs with fresh ingredients and local herbs and spices. It is a casual family type of Restaurant. The seller is claiming his gross annual sale is about 264,000 and he also claims his Net income is about $70,000 a year. This is a semi-absentee run business with $4,000/month payroll and $3,767/month Rent for 1,100 square feet space. A new owner can increase the revenue with some small changes and reduce his expenses if he is more active in running this restaurant.

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Property Features and Assets:

Restaurant located in a busy Plaza with several anchor stores and eateries around it.

Reason for Selling:

Have another business.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

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