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#5829
Contra Costa County

Cash cow restaurant with outdoor seating for sale in Concord

$80,000
Available
Cash cow restaurant with outdoor seating for sale in Concord



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Cash Cow restaurant with outdoor seating for sale in Concord. Approximately 2800 with 108 legal seating inside. They got about 6-10 tables set up in the parking lot with canopies for shade a necessity during the summer. High ceiling with a bar area to serve cocktails and drinks. Last year they average between $720,000- $750,000 in sales. During Covid they are doing about $58,000-$60,000 a month in sales. Full kitchen with 15 feet type 1 hood, walk in cooler, walk in freezer, 3-door under the counter prep table, 6 burner stove, 3 Wok, deep fryer, ice machine and more. Lease amount is $10,250 with 7 years remaining on lease. Please call for a private showing. My cell is 510-500-7975. Price will be $250,000 if buying with type 47 hard liquor license

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

Lease

Region:
Contra Costa County
Lease Term:
There is 7 years left on lease
Total Monthly Rent:
$10,250

Financials

Last Year's Annual Gross:
$720,000

Operations

Liquor License:
47
# of Full-Time Employees:
6
# of Part-Time Employees:
4
Hours Open:
11-2:30pm
4:30-9pm
Year Established:
2018
Hood System Type 1:
Yes

Facilities

Indoor Seating:
108
# of Parking Spots:
parking lot
Inside Sq. Ft.:
2,800

Highlights

  • Can convert
  • got lots growth potential
  • Name is not included in sale price

Financing

Will SBA Finance:
Yes
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 34,436 57,601 241,062
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 13,881 23,422 91,130
2010 Persons Per Household 2.38 2.27 2.49
Median House Value $509,500 $533,086 $506,292
Income Per Household $77,485 $81,046 $79,261
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,033 1,555 8,287
2012 Number Of Employees 26,654 44,638 246,224
2012 Total Annual Payroll $496,542,000 $1,246,993,000 $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. EXP Commercial of California, Inc  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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