* Included in Asking Price
5 Day Week, Breakfast & Lunch Operation 10 Month Operation $80,000+ Profit Lots Of Upside
Asking Price: $169,000
Location: Alameda County, Alameda County, California
Yearly Revenue: $471,564
Yearly Cash Flow: $81,348
Monthly Rent: 3,500 + utilities
This well established breakfast and lunch operation has lots of upside and it is open only 5 days week and operates 33 hours per week (closed Monday & Tuesday) and IS CLOSED TWO MONTHS A YEAR (January and July) to accommodate the sellers traveling schedule. Sales and profits could increase substantially with 2 extra days of business plus two extra months of business and the further upside of adding dinner if desired. If the current operation was open 7 days a week, 12 months a year the projected Sellers Discretionary Cash Flow is $115,428. There is a comfortable dining room, display kitchen, prep kitchen and outdoor seating area. Some of the equipment include as follows: type 1 hood with fire suppression system, 6 burners + 2''6" x 3'' flat grill over oven, 2 basket fryer, 2 door under counter refrigerator + sandwich station, hand sink, 3 compartment sink, 3 full door refrigerator, slicer, full door freezer, 2 compartment sink, ice machine, soup warmer, 2 meat grinders,2 counter mixers, full door glass refrigerator, Robot Coupe, Juicer and 6 employee lockers, etc. There is also a laundry room with a washer and dryer, ADA restroom. The seller is also the landlord and will offer a long term lease to a qualified buyer. There is also upside for credit card sales which they get a big demand for as all their sales are cash.
Organization: Partnership | Year Established: 1990 | Current Owner: 2001 | Seating: 49 inside + 32 outside in patio | Parking: Street | Licenses Required: Business | Days Open/Hours: 5 / W,Th, F: 8a-3p SA, S: 8a-2p | Reason For Sale: Other Interests |
Yearly Revenues: $471,564 | Yearly Cash Flow: $81,348 |
Monthly Rent: 3,500 + utilities | Lease Expiration: Negotiable | Yearly Adjustment: Negotiable | Lease Option: Negotiable |
Seller Reference #2783
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