If Italian is your passion look no further! Here's your opportunity to own a full service Italian restaurant with liquor license for a fraction of the cost to build one today. A new Full Service Restaurant of this size may cost upward to $350,000 to build out.
Located downtown in a charming East Bay community, this 1,700 square-foot restaurant seats 43 and is crowded during lunch from plenty of nearby daytime businesses. Dinner is no exception when locals want a cozy atmosphere.
Monthly rent is only $2,100 with no nnn charge. Lease expires in 2013 w/5 year option. There is a 3% annual increase.
The kitchen is open with ample space for preparation and is laid out to maximize efficiency of movement. There is plenty of space for storage and refrigeration.
The owner who is very motivated has priced this to sell at $110,000.
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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 09.30.13 + 5yr option
Total Monthly Rent:
$2,100
Operations
# of Full-Time Employees:
1
# of Part-Time Employees:
5
Hours Open:
Lunch: 11:30 - 3:00
Dinner: 5:00 - 10:00
Highlights
- PRICED TO SELL
- LOW RENT W/ NO NNN
- LOCATED IN CONTRA COSTA COUNTY
- YOU GET THIS RESTAURANT FOR A FRACTION OF THE COST TO BUILD
- UPSCALE COMMUNITY
- OWNER IS MOTIVATED
Financing
Will Seller Lend To Buyer:
No
Demographics
Population |
3-mi. |
5-mi |
2014 Total Population |
47,912 |
82,348 |
Households |
3-mi. |
5-mi |
2010 Number Of Households |
18,607 |
32,488 |
2010 Persons Per Household |
2.45 |
2.42 |
Median House Value |
$379,100 |
$434,815 |
Income Per Household |
$75,672 |
$76,447 |
Businesses |
3-mi. |
5-mi |
2009 Number Of Businesses |
1,013 |
2,046 |
2012 Number Of Employees |
28,470 |
55,124 |
2012 Total Annual Payroll |
$874,955,000 |
$1,371,497,000 |
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.