This listing will be of great interest to Buyers seeking a fully equipped restaurant, in a very desirable neighborhood, for either a start up concept, or existing operators looking to expand locations. The $6,000 all-inclusive rent includes $5,200 base and $900 NNN expense, which includes water and sewer use for the business. The 3% annual rent increases apply to both the current lease term, running thru 12/31/20, and the 5-year option period. This is a super clean, well executed, versatile layout, well suited and easily adapted to a multitude of menus and concepts. It is particularly well suited to menus focusing on take-out, delivery and high volume catering. An open exhibition line kitchen features two separate type 1 hoods, a convection oven, gas salamander, 2' grill, 2' flat griddle and 4-burner sautí© unit, 3-door sand wish prep unit and a 4 drawer under counter fridge. The large prep kitchen has an additional 14 foot type one hood, a 10' x 8' walk-in cooler, single door reach-in freezer, 6-burner range with oven, a second gas salamander, double convection ovens, 2-steam kettles, tilt skillet, 60 qt. mixer, commercial slicer, and food processors. Stainless work tables, an impressive list of small wares and prep equipment, and the mandatory 3-compartment sink, prep and hand sinks, mop closet, employee lockers and change room complete the equipment summary. There is also a private office with surveillance system, a separate pantry / store room and assorted wire rack shelving units and sheet pan roll racks. The restaurant location is easily accessible, in a mixed residential, retail and commercial area, with medical and professional offices. The business name is not included in the sale.

General Info

  • OrganizationContact For Info
  • Established2007
  • Current Owner2007
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating16 inside
  • Square Feet1,200
  • ParkingStreet
  • LicensesBusiness, Health Dept.
  • Open Hours11a-9p

Lease

  • RentContact For Info
  • Expiration12/31/20
  • Yearly Increase3%
  • Option5 years
  • Deposit$4,200

Financials

  • Monthly Revenue$68,000
  • Monthly Cash FlowContact For Info
  • Annual Revenue$816,000
  • Annual Cash FlowContact For Info
  • PayrollContact For Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact 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.

Location