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Sell your restaurant business in California - San Joaquin County
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SBA Pre-Approved - Franchise Diner with $175,000 Annual Profits Located in Major City just off I-5.
San Joaquin County, California

Asking Price

$550,000

Office Listing #

2984
Revenue $123,833 / month Lease Rent 10,381 including NNN
Cash Flow $14,584 / month Square Feet 3800
Direct Link www.restaurants-for-sale.com/28241

SBA pre-approved for 75% of the purchase price to well qualified buyers with strong financials and good credit. Extremely popular and successful franchise breakfast, lunch & dinner Diner located on major Hwy, surrounded by many other franchise restaurants in a major shopping mall. Annual sales of $1.486,000 producing 12% profit ($175,000). Seating for 120 indoors plus an attractive outdoor patio seating a further 40. Fully fitted kitchen which is only three years old since the total new build-out in 2015, costing in excess of $950,000. The Lease still has 12 years remaining and there is also a ABC type 41 beer and wine license included with the sale. The franchise is local to California and has only a 4% royalty which is low for this style of restaurant. Please complete the ‘Non Disclosure Agreement’ on our site and we will send you the name and address with the full financial information, lease & the list of equipment included with the purchase. We’ll also send you the Broker's contact information so you can discuss this opportunity in more detail.

General Information

Organization Corporation
Year Established 2000
Current Owners 2015
Employees 30
Operating Hours 6am - 11pm Daily
Reason For Sale Other Interests
   

Facilities

Seating 120 + 40 Patio
Square Feet 3800
Parking 100+ Parking Lot
Licenses Health, Business & ABC Type 41 License.
   

Financials

Revenue $123,833 / month
Cash Flow $14,584 / month
Payroll Contact For Info
Inventory Contact For Info
FF & E Contact For Info
 
 

Lease

Lease 10,381 including NNN  
Expiration 2025  
Yearly Adjustment 2.3%  
Option Two 5 year Options  
Deposit 10,000  
     

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

Keith Simpson
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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