Interested In This Property?
Irvine, California
$225,000Property Details
Property Description
ANNUAL NET SALES: 549,659 (2018)
MONTHLY RENT: $5,812
LEASE TERMS: 6+5+5
STORE SIZE: 1,160 SF.
SEATING CAPACITY: 32+PATIO
OPEN HOURS: 10AM-8PM MON-FRI, 11AM-3PM SAT.
CLOSED ON SUNDAY. ONLY OPEN 6 DAYS.
EMPLOYEES: 2 FT, 5 PT.
WAGE: $10,313/MO.
REASON FOR SELLING: TOO BUSY. OWNER HAS 2 OTHER RESTAURANTS.
NOTE: ABSENTEE RUN STORE. ROOM TO REDUCE PAYROLL
AND INCREASE SALES WITH LITTLE MORE FOCUS ON QUALIFTY,
DELIVERY AND CATERING WITH OWNER-OPERATOR.
VERY LITTLE COMPETITION.
YOU CAN TAKE ONE DAY OFF WITH THIS BUSINESS.
$12,500 TRANSFER FEE AND POSSIBLE $10,000 UPGRADE FEE.
NET INCOME: $71,720 (2018)
ASKING PRICE: $225,000+INV.
Location
Irvine, California
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