Stockton Family Restaurant Est. 40 Years Freestanding.price Reduction
Stockton, California
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Asking Price |
$299,000
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Revenue |
$1,144,000 / year
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Cash Flow |
$152,000 / year
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Lease Rent |
$7,125 / month
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Square Feet |
4,000 |
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Listing Description |
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This restaurant has been in business in this location for approximately 40 years under the same trade name. It is a franchise restaurant with an established customer base in a freestanding building with it's own parking lot and good signage. The current rent is $7,125 per month. Training is available for a non-restauranteur..The current owner is simi-absentee. Financial statements and tax returns are available to a qualified buyer. This business might be eligible for SBA financing. The restaurant seats approximately 120 people and has a full kitchen and beer and wine license and is open for breakfast, lunch and dinner.
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General Information
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Organization: |
Sole Proprietorship
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Year Established: |
1970 |
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Current Owners: |
2002 |
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# of Employees: |
Contact For Info |
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Seating: |
120 |
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Square Feet: |
4,000 |
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Parking: |
yes |
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License(s): |
beer and wine |
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Day & Hours Open: |
7 days |
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Reason For Sale: |
other interests |
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Financial Information |
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Revenue: |
$1,144,000 / year |
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Cash Flow: |
$152,000 / year |
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Payroll: |
Contact For Info |
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Inventory: |
Contact For Info |
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FF & E: |
Contact For Info |
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Lease Information |
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Lease: |
$7,125 / month |
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Expiration: |
Not Available |
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Yearly Adjustment: |
Not Available
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Option: |
Not Available |
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Security Deposit: |
Not Available
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Financing Information: |
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Down Payment: |
Contact For Info |
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All Cash: |
Contact For Info |
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Note Balance: |
Contact For Info |
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Rate/Term of Note: |
Contact For Info |
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To access this webpage directly, use:
http://www.restaurants-for-sale.com/newsite/rro/listingview.asp?id=15580
Disclaimer
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listing has been provided by
the seller or broker stated
in the contact section of
the listing profile. As
such, Restaurants For Sale
Online, LLC 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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