HUGE PRICE REDUCTION!Now priced to sell at only $95,000 for a newly built and decorated restaurant in Pleasanton, Alameda County, a bay area suburb with a population of around 74,000. Pleasanton was also ranked the wealthiest mid-sized city in the United States by the Census Bureau and reported to be #4 in "America's 50 best cities to live in" in 2014. This restaurant opportunity is part of a 2 restaurant group being sold together or separately by the same owner. The other being RRC listing #2288 located in Livermore, just 10 minutes away priced to sell at $295,000. This 2450 sq ft restaurant with it's low monthly rent of $5,343 Including NNN, 83 seats, ABC type 41 beer and wine license, tiled floor, a fully loaded kitchen with a 16 ft hood, broiler, deep fryer, 6 burner stove and oven and ample s/s work tops & large walk-in and a huge parking lot located right on main thoroughfare in downtown Pleasanton. This is the perfect restaurant size and the location is the Best. Although only 10 months old, their sister restaurant was established in 2011 where annualized sales are currently $1MM. This brand new Pleasanton restaurant is on target to hit sales of $375,000 in it's first year and has the space to increase this amount to over $1MM. Further development is encouraged with the completion of a rear patio which under the vision of an experienced owner will be highly successful. See the photo's below to review the restaurant. Complete the 'Confidential Information' request at the top of this page and we will send you the name, address, financials & lease of this business. We will also send you the broker contact information so you can discuss this opportunity in more detail and arrange to meet the owner.
General Info
- OrganizationContact For Info
- Established2001
- Current Owner2015
- Employees5 full-time 2 part-time
- Reason For SaleOther Interests
Facilities
- Seating83
- Square Feet2450
- Parking50+
- LicensesHealth, Business and ABC Type 41 beer and wine
- Open HoursSun-Thurs 11.00am-9pm Fri & Sat to 10.00pm
Lease
- Rent$5,343 Inclusive of NNN
- Expiration2020
- Yearly IncreaseContact For Info
- Option5 yr option
- Deposit$10,535
Financials
- Monthly Revenue$30,000
- Monthly Cash FlowContact For Info
- Annual RevenueContact For Info
- Annual Cash FlowContact For Info
- PayrollContact For Info
Financing
- Down PaymentContact For Info
- Note BalanceContact For Info
- Terms of NoteContact For Info
- All CashContact For Info
DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.