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#5137
San Francisco East Bay

Great Moraga Restaurant Facility For Sale - Low Rent!

$75,000
Sold
Great Moraga Restaurant Facility For Sale - Low Rent!
This Listing is Sold

Go See This business. Look to the Left. Select "Sign NDA."

Looking for a Great spot for a family friendly Tap House & Grill or Gastro Pub, then you have to look at this low rent cafe style restaurant with an open kitchen and a full hood system...includes a large outdoor patio, perfect for casual dining.

This is a Newer Restaurant with Counter service concept…you can continue to use current concept or put your own in Very nice walkable area in peaceful Rheem Valley Moraga, Ca. 

It is located adjacent to the cities of Lafayette and Orinda... Other nearby cities include Walnut Creek, and Danville.

Good School districts and St. Mary's College nearby.

other restaurants in the center just doors away include pizza, chinese, yogurt, burgers, subway...

Current Menu consists of Fresh and Delicious Salads, Sandwiches & Wraps.

Decor is Casual with a fresh clean feel...it has an open kitchen, comfortable dining and nice size patio!

Interior and Kitchen Are Super Clean and this is a turnkey restaurant.

FF&E: All in Good clean condition, Full Ansul Hood, Reach-ins, Prep tables and work stations, warmers, and more!

LEASE: LOW Rent of $2,732 includes NNN/CAM for 1,200 sq ft.! Lease expires April 30, 2021 + 5 year option.

Tenant improvements in building a restaurant space out can can easily run into in excess of $100K...take advantage of a restaurant ready space and convert to your concept or additional location with Low rent!

This location with a fresh concept can reveal its potential and where else can one buy a turn-key with low rent restaurant at this price on the Bay Area?

Reasonable offers will be considered.

Reason for selling: Seller has other business interests.

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This is a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Scott Beaton DRE License #01853968

Lease

Region:
San Francisco East Bay
Lease Term:
Expires April 30, 2021 + 5 year option
Total Monthly Rent:
$2,732
Security Deposit:
$2,334

Financials

Last Year's Annual Gross:
$230,939
Last Year's Owner's Cash Flow:
$30,197
Last Year's Food Cost %:
29
Last Year's Payroll Cost %:
25
Last Year's Rent %:
13.5

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Part-Time Employees:
4
# of Working Owners:
1
Hours Open:
M-S 11-7:30
Year Established:
2015
Hood System Type 1:
Yes

Facilities

Indoor Seating:
30
Outdoor Seating:
20
Inside Sq. Ft.:
1200
Outside Sq. Ft.:
200

Highlights

  • Full Ansul Hood
  • Set up as counter service
  • Nice Patio area
  • Good rent!
  • Could Fit Many concepts....

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 14,998 32,066 84,270
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 5,631 15,004 34,491
2010 Persons Per Household 2.57 2.03 2.32
Median House Value $886,400 $569,902 $660,133
Income Per Household $120,960 $81,465 $96,541
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 294 570 1,892
2012 Number Of Employees 6,480 12,444 36,438
2012 Total Annual Payroll $125,847,000 $250,249,000 $787,338,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("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 addition to seeking professional advice from an attorney as well as a CPA.  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 (if included in the sale), 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. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the 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 and User should often review the listing on the website to keep up to date.

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