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#5402
San Francisco East Bay

Turnkey Mexican restaurant near Farmer's market and highway 680

$250,000
Expired
Turnkey Mexican restaurant near Farmer's market and highway 680
This Listing is Expired

This a solid Mexican restaurant with many remodeling upgrades. There is ample parking in the back lot for customer to park. The restaurant itself seemed very clean, painted in festive colors, with TVs. There is a 10 feet type 1 hood, outside grease trap, 2 restroom. Beer and wine included. Gross income per month is $40,000. Additional Tesla Catering income of $4000/wk will be included when purchased with another restaurant in Newark Newpark mall. Approximately 2000 feet with beer and wine license. Lease is $3920.00

This is a The Real Estate Discount Concept listing.
Realtor Tommy Tran DRE License #01439113

Lease

Region:
San Francisco East Bay
Lease Term:
There is 3.5 year remaining + 5 year option on lease
Total Monthly Rent:
$3920.00

Financials

Last Year's Annual Gross:
$480,000
Last Year's Owner's Cash Flow:
$120,000

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Part-Time Employees:
13
Hours Open:
Open from 10-9pm everyday
Year Established:
2017
Hood System Type 1:
Yes

Facilities

Inside Sq. Ft.:
2000

Highlights

  • low rent
  • $4000/week in catering and pick up delivery
  • Thriving business Owner has main account in Tesla which is blocks away

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 63,705 229,380
Households 3-mi. 5-mi
2010 Number Of Households 20,759 73,809
2010 Persons Per Household 2.91 3.02
Median House Value $480,700 $580,662
Income Per Household $85,945 $98,429
Businesses 3-mi. 5-mi
2009 Number Of Businesses 2,575 5,886
2012 Number Of Employees 114,700 205,648
2012 Total Annual Payroll $4,079,741,000 $4,294,967,295

click for more demographic info

Disclaimer

The information contained in this offering profile was provided by the Seller and is believed to be accurate. RestaurantForSales.com and The Real Estate Discount Concept its agents, brokers, managers, employees have not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness whatsoever.  You are responsible for performing a thorough due diligence of the business before consummating a transaction. This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer.  Please note: (1) Sq. ft. is estimated (2) Annual Payroll is last year's and does not include any owner wages. 


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