Turn-key Alameda restaurant - Low rent

Alameda, CA (Alameda County)

Turn-key Alameda restaurant - Low rent
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Asking Price: $299,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2013

Turn-key Alameda restaurant - Low rent

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Business Description

Great location

Great opportunity to take over a semi absentee turn-key restaurant or turn this in to your own concept. Over $150K was spent in leashold improvements when the current owner purchased this business 6 years ago.

Seating:
-40 inside/50 outside

Lease:
-$3500/mo. (Owner has strong relationship with landlord so lease length can be negotiated. Currently 3 years left)

Financials:
-Grossing on avg. $500k
-Net income: 2016: $43k, 2017: 52K, 2018: 90K

Major equipment/licenses:
-8 foot hood
-6 burners
-Kegarator
-Walk-in cooler & freezer
-Beer & wine license

Detailed Information

Employees:
4
Reason for Selling:
Mother is having health issues.
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Michael Gratteri

Business Listed By:
Michael Gratteri

BuyARestaurantBiz

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