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Sell your restaurant business in California - Alameda County
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Desirable Franchise, Owner Operator, $620K Gross Sales, $98K Cash Flow, Low Rent
Alameda County, California

Asking Price

$125,000

Office Listing #

2823
Revenue $51,500 / month Lease Rent 5,875 all inclusive
Cash Flow $8,200 / month Square Feet 1,800
Direct Link www.restaurants-for-sale.com/27304

    

As of 5/1/18, the rent will be $5300 with NNN which is $700 less. This profitable franchise is a proven concept that earns a consistent profit from steady sales revenues. Guests are greeted by an upbeat and family friendly dining area, with a long service counter for menu ordering and pick up, and a clear view into the working line kitchen and food prep area. There is cashier’s POS terminal, a self serve beverage display case, soft serve ice cream and a soda with ice dispenser unit. The line kitchen has a large 11’ type 1 hood, two double fryers, 6- burner range with oven, heated hot food holding cabinet, two 2-door smokers, soup warmers, and a conveyor toaster. There is also a 3-door tap fridge with 4 taps, a 2-door sandwich prep fridge, single door under counter fridge, and multiple stainless food prep tables. The rear food prep and storage area includes a walk-in cooler and a walk-in freezer, large 3- compartment sink, single prep sink, fryer oil filtration unit, multiple wire rack shelving units for dry goods and equipment storage, stainless CO2 tank unit, employee lockers and mop sink. There is also a storage area for take-out containers, paper products, soda mixes and catering equipment. A comfortable, spacious area is dedicated as an office, for computers, fax machine, printer and a floor safe. The owner works about approximately 60 hours week in a managerial capacity. The seller's $98,500 annual cash flow is with the owner hands on 60 hours per week. All inclusive base rent plus NNN charges is $5,875, which includes water and garbage for the business. There are approximately 12 years currently remaining on the franchise agreement, which Buyer would assume for a $10,000 assignment fee. The business name, menu, and recipes, along with ABC beer & wine license, delivery vehicle and all equipment and assets, are included in a sale.

  

General Information

Organization LLC
Year Established 2009
Current Owners 2014
Employees Contact For Info
Operating Hours Daily 11a-9p
Reason For Sale Other Interests
   

Facilities

Seating 49
Square Feet 1,800
Parking Private parking lot
Licenses Business, Health, ABC Type 41 License
   

Financials

Revenue $51,500 / month
Cash Flow $8,200 / month
Payroll Contact For Info
Inventory Contact For Info
FF & E Contact For Info
 
 

Lease

Lease 5,875 all inclusive  
Expiration Oct. 2019  
Yearly Adjustment Not Available  
Option 5 years  
Deposit 4,700  
     

Financing

Down Payment Contact For Info  
All Cash Contact For Info  
Note Balance Contact For Info  
Term of Note Contact For Info  
 
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Listing Contact

Bruce Osterlye
Steve Zimmerman
Restaurant Realty Company
phone: 415-945-9701
fax: 415-945-9702

www.restaurantrealty.com

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Disclaimer
The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Restaurants For Sale Online, LLC has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness. Read the disclaimer before responding to any ad.

 
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