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Listing View: Awesome Priced To Sell Restaurant- Any Concept Possible- High Traffic- Fixed Rent- Reduced! - Lafayette, California


Awesome Priced To Sell Restaurant- Any Concept Possible- High Traffic- Fixed Rent- Reduced!
Lafayette, California

Offered at:
$59,000

Office Listing #   IN ESCROW - 1663
Revenue: Contact For Info
Cash Flow: Contact For Info
Lease Rent: $4,781 all inclusive.
Square Feet: 1,386

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 Listing Description

LLocated in one of the most desirable communities in the East Bay, this restaurant is an expansion of an established operation, and the premises was recently and completely renovated from front to back of house. Features include a very high traffic location, beautifully equipped display kitchen, fixed rent for 5 years, no nearby competition and the possibility for literally any restaurant concept. These are just some of the high points of this ideal restaurant. There interior space has great ambiance, table and chair seating for dine-in, complete with several large plasma screens, a large all stainless register and take-out counter top, tasteful porcelain tile flooring, self serve beverage merchandiser and all stainless self serve soda station. The all quarry floor tiled kitchen includes a 13’ type 1 hood with code compliant Ansul system. Food prep equipment includes 2-double fryers, 6-burner range with 3’ griddle and two full ovens, a 3‘ char grill, 3’ steam table, 2-rice cookers and 2-rice warmers. Refrigeration includes a large custom fabricated walk-in cooler, 2-door under counter freezer and 6’ deep freeze. Also on hand is a 2-compartment prep sink with rinse, 3-compartment sink with rinse, hand sink, 3-floor sinks, multiple wire rack wall and floor standing shelving units, stainless ice bath sink and 4- stainless work tables. The office is equipped with printer, fax, and monitors, and an 8-camera surveillance system and hard drive unit with online wireless access capability. The entire premises is wheelchair accessible, has one ADA restroom, built in mop sink closet, and a storeroom with employee lockers. The current operators spent well over $300,000 in renovating this restaurant, and are selling as an asset opportunity due to too close a proximity to their other locations. As such, the premises assets and equipment, beer and wine license and the excellent location and lease terms are being sold the name and menu are not offered in the sale. This is an excellent location and lends itself to many concepts including pizza, taqueria, burger or diner, Thai or Asian, Middle Eastern or Mediterranean all would work here. Given the centralized location and easy access, there is huge upside for any operation to maximize sales by prioritizing not only on-site dining, but take-out and delivery business as well. The sellers are realistic and reasonable on the listing price, making this a prime opportunity for any buyer.

General Information
Contact Information
Organization:   Corporation
Year Established:   2009
Current Owner:   2009
# of Employees:   Contact For Info
Seating:   24 inside, 8 outside
Square Foot/Size:   1,386
Parking:   Parking lot, Street
License(s) Required:   Business, ABC Type 41 (beeer & wine)
Days Open/Hours:   7 / 11a-9p
Reason For Sale:   Other interests
     
Financial Information
Revenue:   Contact For Info
Cash Flow:   Contact For Info
Payroll:   Contact For Info
Lease Information
Lease Rent:   $4,781 all inclusive.
Lease Expiration:   12/2014
Yearly Adjustment:   Fixed rent
Lease Option:   2 Five Year Options
Security Deposit:   4,697
     
Listed by:   Steve Zimmerman
 Restaurant Realty Company
Email: Email Seller
Phone:  415-945-9701
Fax:  415-945-9702
Website:  www.restaurantrealty.com
Listings:  See All Listings by Broker
Profile:  View Broker Profile
      Confidential Statement: Download


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Disclaimer
The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Business For Sale Exchange has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness.
 
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