Long Established East Bay Italian Restaurant

www.GlobalBX.com

Listing ID: 700342228

Listing Title: Long Established East Bay Italian Restaurant

Quick Link: http://www.globalbx.com/listing.asp?bId=342228

Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: United States

State / Province: California

Area Northern California - All Northern California

City: Contra Costa County

Asking Price Range: < $250K

Gross Revenues: $844,741

Cash Flow: $93,682

Cash Flow Type: EBITDA

Year Established: 2013

Number of Employees: 6 - 9

Business Description:
Long Established East Bay Italian Restaurant in Busy Strip Center with $93,000 Profit RRC#: 3538 Asking Price: Offered At $149,900 Location: Contra Costa County Annual Revenue: $844,741 Annual Cash Flow: $93,682 Monthly Rent: $8,119 All Inclusive Listing Description: This Italian restaurant is located in a busy strip center in an East Bay suburb. The strip center is on a major thoroughfare, and the surrounding area is residential. The restaurant currently serves American Italian food, including New York-style pizza. The space has an old school look and feel. There is a significant opportunity to increase sales through food delivery. The current lease runs through 2024, and has a five year option. The yearly rent increases are fixed. The restaurant is is equipped with a walk in refrigerator, 3 door reach-in freezer, 2 door under-counter prep refrigerator, steam table, 12 burner stove with two ovens, fryer which is all under a 18′ type 1 hood. There is also a pizza oven, large mixer, meat grinder. The dish area has a dishwasher and a 3 compartment sink. There are two restrooms. General Information: Organization: Inc Established: Contact For Info Current Owner: Contact For Info Employees: Contact For Info Reason For Sale: Other Interests Financial Information: Monthly Revenue: $70,395 Monthly Cash Flow: $7,806 Annual Revenue: $844,741 Annual Cash Flow: $93,682 Payroll: Contact For Info Monthly Revenue: $70,395 Monthly Cash Flow: $7,806



« Close this window »