* Included in Asking Price
Free Standing Diner On Busy East Bay Intersection $1.2 Million+ Sales $177,000 Profit
Asking Price: $450,000
Location: Alameda County, Alameda County, California
Yearly Revenue: $1,241,028
Yearly Cash Flow: $177,492
Monthly Rent: 8,500 + $988 NNN
This free-standing diner is located on very busy intersection in an East Bay Shopping Center. Fully equipped with a walk in cooler and freezer and a cooking line with a 24 foot hood. It seats 150. The rent is fixed for the remainder of the lease and goes up 3% on the option. Sales are increasing and were up $100,000 in 2016 and have averaged $112,000 a month this year. Delivery business accounts for about $15- 20,000 per month. The owners do some catering, but haven’t done any marketing. Growing area with new housing developments. Good opportunity for a experienced operator. NO BROKER COOP.
Organization: Corporation | Year Established: 2010 | Current Owner: 2010 | Employees: Owners: FT: 2, PT: 0 Employees: FT: 5, PT: 16 | Square Footage: 3,953 | Parking: Ample | Licenses Required: Health permit, Food Handler's, ABC type 41, BOE | Days Open/Hours: Daily 7:00 to 9:00 | Reason For Sale: Other Interests |
Yearly Revenues: $1,241,028 | Yearly Cash Flow: $177,492 |
Monthly Rent: 8,500 + $988 NNN | Lease Expiration: 8/31/20 | Lease Option: (1) 5yr |
Seller Reference #2769
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