Restaurant For Sale - Desirable City, California, CA - Contra Costa County

PROFILE: Established Breakfast & Lunch Operation In Desirable Area Doing $139,900 Profit

AD/LISTING INFORMATION
Status: Available
State: California
Location: Desirable City
County: Contra Costa
City: None Given
Primary Category: Restaurant Related
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  118631
Seller Or Contact:  Steve Zimmerman
Primary Phone:  415-945-9701
Alternate Phone:  None Given
Email Address:  See Form Below
Date Ad Started:  8/5/08
Date Ad Last Revised:   8/5/08

FINANCIAL INFORMATION
Asking Price: $215,000
Down Payment: Call/Email
Annual Revenue: $790,992
Annual Adjusted Net: $139,896
   
Price Range: $100,001-$250,000
DETAILED INFORMATION
Franchise: No
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: Yes

DESCRIPTION: Established Breakfast And Lunch Operation In Desirable Area Doing $139,900 Yearly Profit, Rrc#1241

Location: Desirable City
Contra Costa County, California
Offered At: $215,000


Listing Description
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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.

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

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Resources

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