Profitable Fast Casual Restaurant in East Bay- 9 Years of steady growth, absentee ownership, low lease, prime location!
East Bay

This fast casual restaurant has been a staple in the East Bay for 9 years, boasting steady growth and consistent profitability. Designed for absentee ownership, it's ideal for an investor seeking a business that requires less than 5 hours per week of involvement. Situated in an established strip mall with ample parking and a central location, the restaurant benefits from a low lease that enhances its profitability. With multiple avenues for revenue growth, this is a prime opportunity for a new owner to capitalize on its success. Seller open to asset sale.

Listing Number:

23027

Category:

Food - Fast Food,Food - Restaurant,Miscellaneous

Location:

East Bay
$188,888

Financial Information:

Gross Revenue:

$680,000

Listed Price:

$188,888

Down Payment:

$150,000

Total Income:

$94,500

Year Established:

N/A

Lease Information:

Square Feet:

1300

Total Rent:

$2,500

Lease Expiration:

05/2027

Lease Options:

One and 5-year

Asset Information:

Leasehold Improvements:

$100,000

Equipment / Fixtures:

$30,000

Inventory:

$5,000

Other Assets:

N/A

Additional Information:

Full-Time Employees:

4

Part-Time Employees:

6

Special Licence Required:

CA food handling and health department

Contract Staff:

0

Training Period:

2 weeks

Reason for Selling:

Changing industry

Hello World

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Ardeshir Vosooghi
Office: (650) 397-6562 | Cell: (650) 397-6564
License #: CA DRE 01493558

By clicking the button, you agree to First Choice Business Broker  Terms of Use and Privacy Notice

Profitable Fast Casual Restaurant in East Bay- 9 Years of steady growth, absentee ownership, low lease, prime location!
East Bay

Listing Number:

23027

Category:

Food - Fast Food,Food - Restaurant,Miscellaneous

Location:

East Bay

Listed Price:

$188,888
brokerPhoto
Ardeshir Vosooghi
Office: (650) 397-6562 | Cell: (650) 397-6564
License #: CA DRE 01493558

This fast casual restaurant has been a staple in the East Bay for 9 years, boasting steady growth and consistent profitability. Designed for absentee ownership, it's ideal for an investor seeking a business that requires less than 5 hours per week of involvement. Situated in an established strip mall with ample parking and a central location, the restaurant benefits from a low lease that enhances its profitability. With multiple avenues for revenue growth, this is a prime opportunity for a new owner to capitalize on its success. Seller open to asset sale.

Financial Information

Gross Revenue:

$680,000

Listed Price:

$188,888

Down Payment:

$150,000

Total Income:

$94,500

Year Established:

N/A

Lease Information

Square Feet:

1300

Total Rent:

$2,500

Lease Expiration:

05/2027

Lease Options:

One and 5-year

Asset Information

Leasehold Improvements:

$100,000

Equipment / Fixtures:

$30,000

Inventory:

$5,000

Other Assets:

N/A

Additional Information

Full-Time Employees:

4

Part-Time Employees:

6

Special License Required:

CA food handling and health department

Contract Staff:

0

Training Period:

2 weeks

Reason for Selling:

Changing industry

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.

Share by: