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#881
San Francisco East Bay Restaurants For Sale

Mexican Family Style Restaurant in Vallejo City!

$49,000
Mexican Family Style Restaurant in Vallejo City!
This Listing is Expired

This is a great opportunity for a restaurant person looking for family style traditional Mexican restaurant. This restaurant is operated by husband and wife. They've earned fantastic reputation in the community since 2004. The restaurant is located on the corner of a busy street in Vallejo. The restaurant has 700 plus square feet with exceptionally low rent of only $775 per month that increases only $50 every two years. The lease will expire on 10/30/2011. The sellers want to move into another business as the working. Please click any yellow links in this web page to sign Confidentiality Agreement for obtain business name and address.

This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
San Francisco East Bay Restaurants For Sale
Lease Term:
Expires Oct 30, 2011
Total Monthly Rent:
$775
Security Deposit:
$1,000

Financials

Last Year's Food Cost %:
30%

Operations

# of Family Employees:
2
Hours Open:
Mon to Sat 10am to 9pm
Sun 10am to 6pm
Year Established:
2004

Facilities

Indoor Seating:
16
Inside Sq. Ft.:
700+

Highlights

  • Established in 2004.
  • Turn Key Traditional Mexican Restaurant.
  • Well Known in Community.
  • Prefect for Husband and Wife or Family Operation.
  • Low Rent Payment $725 Per-Month for 700sq/ft+.
  • 2 Years Leasing Term Plus 5 Years Renewal Option.
  • Seller very motivated to sell the business.
  • Click any yellow links to sign Confidentiality Agreement.
  • To obtain the business name and address.

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 3-mi. 5-mi
2014 Total Population 38,950 140,241
Households 3-mi. 5-mi
2010 Number Of Households 13,851 46,074
2010 Persons Per Household 2.50 2.81
Median House Value $181,700 $225,821
Income Per Household $41,819 $60,492
Businesses 3-mi. 5-mi
2009 Number Of Businesses 695 1,615
2012 Number Of Employees 22,940 55,854
2012 Total Annual Payroll $530,494,000 $1,362,120,000

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. DRE License # 01339409.

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