Recently remolded Restaurant located in a quickly growing, flourishing South Bay city. Restaurant is located in the downtown area surrounded by lots of residential homes, schools and parks. Chef's kitchen, efficiently designed. Comes well equipped including 10 burner stove, flat grill, salamander and more. LARGE prep area. A more extensive equipment list upon request. Short hours only open 18 hours per week, this place has HUGE upside potential for a foodie entrepreneur to explode sales. Loyal guests and has a good online presence. Present owners would like to retire and pass on this cozy family oriented restaurant. Complete the 'Non Disclosure Agreement' on our website and we'll send you the name and address of this business opportunity along with full financial information, lease & list of equipment included with the sale. We'll also send you the Broker's contact information so you can discuss this opportunity in more detail.

General Info

  • OrganizationCorporation
  • Established2016
  • Current Owner2016
  • Employees10 part time
  • Reason For SaleRetirement

Facilities

  • Seating80
  • Square Feet3200
  • ParkingStreet parking
  • LicensesBusiness / Health / ABC
  • Open HoursWednesday-Thursday 4:00pm - 8:00pm / Friday - Saturday 4:00pm - 9:00pm

Lease

  • Rent$3,472 inclusive
  • ExpirationApril 2021
  • Yearly Increase3%
  • Option(1) - 5 year
  • Deposit2800

Financials

  • Monthly RevenueContact For Info
  • Monthly Cash FlowContact For Info
  • Annual Revenue$250,000
  • 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.

Location