* Included in Asking Price
Price Reduced! Only $195k ''turn Key'' Restaurant With Wrap Around Patio In Superb Location
Asking Price: $195,000
Location: 1770 1st St, Livermore, California
Yearly Revenue: $960,000
Yearly Cash Flow: Contact for Details
Monthly Rent: 7784 inclusive NNN
The asking price has been reduced to sell at $195,000 for this busy Livermore restaurant. Livermore is located on the eastern edge of the San Francisco Bay area with a population of around 90,000. The business has recently expanded by doubling it''s size from 1400 sq ft to 2800. This highly visible corner restaurant has an extremely low rent, 95 seats indoors plus a wrap around outdoor patio seating a further 40. Completely ''Turn Key'' with an ABC type 41 beer and wine license, tiled floor, a fully loaded open kitchen with a 12 ft hood, broiler, deep fryer, 6 burner stove and oven and ample s/s work tops & large walk-in with a parking lot located on 1st street in downtown Livermore. The location is on Livermore''s "Restaurant Row," with a neighboring movie theater, many other restaurants all in the same local area. This restaurant was established in 2011 and has built up an excellent reputation and following. This Livermore business is on target to achieve gross sales of around $1 million this year and 13 years still remaining on the lease it is price to sell at $195,000. The future potential of this business is secure. See the photo''s below to review the restaurant and you''ll see the great opportunity. To receive full details of this opportunity please complete the ‘Confidential Information’ request at the top of this page and we’ll send you the name, address, financials & lease information. We will also send you the broker’s agent contact information so you can discuss in more detail.
Organization: Corporation | Year Established: 1955 | Current Owner: 2011 | Employees: 15 | Seating: 95 + 40 Patio | Square Footage: 2800 | Parking: Street + Parking lot | Licenses Required: Health, Business and ABC Type 41 beer and wine | Days Open/Hours: Sun-Thurs 11.00am-9pm Fri & Sat to 10.00pm | Reason For Sale: Other Interests |
Yearly Revenues: $960,000 | Contact for Details
Monthly Rent: 7784 inclusive NNN | Lease Expiration: 2022 | Yearly Adjustment: 3% | Lease Option: 7 yr option | Security Deposit: 5725 |
Seller Reference #2560
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