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$450,000 for – ‘BLD’ Franchise Diner – $120,000 in Annual Profits Located in Major East Bay City., RRC#3275

$450,000

Business For Sale Details

Updated on October 14, 2019 at 9:04 pm

  • Property ID: RRC#3275
  • Price: $450,000
  • Building: 3800 Sq. Ft.
  • Type: Restaurants, Restaurants, Food & Beverage
  • Status: Business For Sale
  • Payroll (annual): $409,000
  • Rent: 10,381 including NNN
  • Lease Expiration: 2025
  • Year Established: 2000
  • Current Ownership: 2015
  • Organization: Corporation
  • Reason For Sale: Other Interests
  • Employees: 30
  • Revenue (Yearly): $1,511,708
  • Cash Flow (Yearly): $120,000
  • Days/Hours of Operation: 6am - 11pm Daily
  • Seating: 120 + 40 Patio
  • Parking: 100+ Parking Lot
  • Licenses: Health, Business & ABC Type 41 License.
  • Lease Security Deposit: 10,000
  • Lease Options: Two 5 year Options

Description

$450,000 for this SBA loan pre-approved popular Breakfast, Lunch and Dinner Franchise Diner with a beer and wine license. Bank will lend up to 75% of the purchase price to well qualified buyers with strong financials and good credit. Extremely popular and successful franchise Diner located on edge of major city right off I-5 Hwy, surrounded by many other well known franchise restaurants in a major shopping mall. Annual sales of $1.500,000 producing a profit of $120,000. Seating for 120 indoors plus an attractive outdoor patio seating a further 40. Fully fitted kitchen which is only three years old since the total new build-out in 2015, costing in excess of $950,000. The Lease still has 12 years remaining and there is also a ABC type 41 beer and wine license included with the sale. The franchise is local to Northern California and has only a 4% royalty fee which is low for this style of restaurant. Please complete the ‘Non Disclosure Agreement’ on our site and we will send you the name and address with the full financial information, lease & the list of equipment included with the purchase. We’ll also send you the Broker's contact information so you can discuss this opportunity in more detail.

Business For Sale Location:

  • Location: San Joaquin, CA, United States
  • City / County: San Joaquin County
  • State / Province: California
  • Country: United States

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