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#5402
San Francisco East Bay

Turnkey Mexican restaurant near Farmer's market and highway 680

$250,000
Turnkey Mexican restaurant near Farmer's market and highway 680
This Listing is Expired

This a solid Mexican restaurant with many remodeling upgrades. There is ample parking in the back lot for customer to park. The restaurant itself seemed very clean, painted in festive colors, with TVs. There is a 10 feet type 1 hood, outside grease trap, 2 restroom. Beer and wine included. Gross income per month is $40,000. Additional Tesla Catering income of $4000/wk will be included when purchased with another restaurant in Newark Newpark mall. Approximately 2000 feet with beer and wine license. Lease is $3920.00

This is a EXP Commercial of California, Inc listing.
Business brokering-Industrial-Retail-Leases Tommy Tran DRE License #01439113

Lease

Region:
San Francisco East Bay
Lease Term:
There is 3.5 year remaining + 5 year option on lease
Total Monthly Rent:
$3920.00

Financials

Last Year's Annual Gross:
$480,000
Last Year's Owner's Cash Flow:
$120,000

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Part-Time Employees:
13
Hours Open:
Open from 10-9pm everyday
Year Established:
2017
Hood System Type 1:
Yes

Facilities

Inside Sq. Ft.:
2,000

Highlights

  • low rent
  • $4000/week in catering and pick up delivery
  • Thriving business Owner has main account in Tesla which is blocks away

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 63,705 229,380
Households 3-mi. 5-mi
2010 Number Of Households 20,759 73,809
2010 Persons Per Household 2.91 3.02
Median House Value $480,700 $580,662
Income Per Household $85,945 $98,429
Businesses 3-mi. 5-mi
2009 Number Of Businesses 2,575 5,886
2012 Number Of Employees 114,700 205,648
2012 Total Annual Payroll $4,079,741,000 $4,294,967,295

click for more demographic info

Disclaimer

This information has been secured from sources we believe to be reliable but we make no representations, warranties, express or implied, as to the accuracy of the information. Listing broker has been given enough information to provide only a preliminary interest in the property. The materials are not to be considered fact. The information contained herein is not a substitute for thorough due diligence investigation. References to square footage, zoning, use, or age are approximate. Any renderings should be considered conceptual in nature and such renderings do not represent the current condition or what can or may be done to the property. Neither broker or landlord represent that this space is suitable for your use. Tenant or Buyer must verify the information at their own expense and bears all the risk for any inaccuracies.


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