* Included in Asking Price
Downtown Hamburger Shop In Busy Food Court With $103,000+ Profit
Asking Price: $110,000
Location: Busy Food Court, Santa Clara County, California
Yearly Revenue: $325,020
Yearly Cash Flow: $103,260
Monthly Rent: 1599 + 2871.68 NNN
This South Bay hamburger and fries shop has a prime location in the front of a food court. There are eight other vendors in the food court and the remaining two spaces are under construction. The seller who started the business in 2015, is starting a new business, needs to sell this one to fund the new operation. There is a construction loan of approximately $24K that can be assumed as part of the purchase price. The seller may carry a note for a qualified buyer. Utility charges are included in the NNN. The business can remain hamburgers or changed to Indian, Greek or a concept not already in the food court. NO BROKER COOP.
Organization: LLC | Year Established: 2015 | Current Owner: 2015 | Employees: Employees: FT: 0, PT: 4 Owners: FT: 0, PT: 1 | Seating: 200 + | Square Footage: 377 | Parking: Street + City Lot | Licenses Required: Health Dept, Food Handler''s, BOE | Days Open/Hours: Mon -Thurs 11:30 - 9:00 Fri & Sat 11:30 - 10:00 Sun 11:30 - 7:00 | Reason For Sale: Other Interests |
Yearly Revenues: $325,020 | Yearly Cash Flow: $103,260 |
Monthly Rent: 1599 + 2871.68 NNN | Lease Expiration: 3/31/2018 | Lease Option: (1) 5yr | Security Deposit: 2000 |
Seller Reference #2727
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