Business for Sale
MEDITERRANEAN RESTAURANT
Alameda
Overview
- Restaurant
- 300000
- Annual Revenue
- 50000
- Cash Flow (Net Income)
Address
- County Alameda
- State/county California
- Country United States
Description
Very well established popular Mediterranean restaurant in the BEST part of downtown. Very simple, beautiful dining room where you can eat in peace. Or you can choose to enjoy your meal outside in a very gorgeous space that has 24 chairs with flowers lights and umbrellas. Lots of parking. Good cash flow with long lease and good rent. It can be converted to another concept. Rent is $4,240/m including NNN. 800 sq ft. 2+5 years lease option. 18 seating inside + 24 seating outside. Open 7 days a week (11am-9pm) 2 employees full time. Labor $6000/month. Gross sales $300,000 yearly. Net $50,000 yearly.
Details
Updated on July 23, 2024 at 12:28 am- Price: $110,000
- Listing Type: Business for Sale
- Annual Revenue: 300000
- Cash Flow (Net Income): 50000
- Down Payment: 1
- Base Rent: 4240
- Lease Expires: 2 years
- Lease Option: 5 years lease option
- NNN: Included
Additional details
- License(s) Required: Business, Health, ABC
- Hours of Operation: 11 AM-9 PM
- Ownership Type: Corporation
Features
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