$280,000.00
Asking Price
Address: Hayward,
Status: Active
Posting ID: 279109
9/3/23
Description
This restaurant has an excellent corner location on a busy commercial street in Hayward and near Southland Mall. The restaurant is in a free-standing building with excellent visibility and ample free parking in a lot adjacent to the building. The facility is spacious with approx. 3400 sq. f t of space and room for 110 plus dinners. There are many homes in this area and lots of traffic as the economy improves.
The business is doing very well with a monthly gross of over $100,000 and a monthly net profit of approx. $20,000-$30,000. The business specializes in dim sum style cuisine and the current owners have worked very hard to build up this business so that there are a lot of regular customers that keep the business growing and being successful. The rent is $12,100 per month which includes NNN, and the annual rent increase is a reasonable approx. 2% per year. The lease is good until 2027 with a 5-year option to extend. There is a hard liquor license with the business and will be included in the purchase price. The seller will train the buyers after the close of escrow.
One of the owners is getting near retirement and would like to sell the business even though it is profitable and can grow even more. Thus, this is a great opportunity for someone or a group of buyers to assume ownership and just keep the business going and keep up the good customer service and good reputation of this business. This one is a special buy: don't miss it.
To get more information about this Free Standing Restaurant - ABC 47 Liquor License business for sale in Hayward please phone Sofia Fong (Agent - BRE License #:01290666) at 510-673-6879 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #279109 on BizBen.com. In addition to phoning Sofia Fong, make sure you email Sofia Fong above to get more info about this Free Standing Restaurant - ABC 47 Liquor License, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01290666. Evergreen Hills Realty.
Contact
Details
Asking Price: $280,000.00
Down: $30,000.00
Cash Flow: Call/Email
Revenue: Call/Email
Area: Hayward
City: Hayward
Attributes:
My Notes About This Listing
Cash flow
$851,672
Revenue
$3,430,536
Down
Call/Email
Posting: 284146 | Available | 4/26/24
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Down
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Cash flow
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Revenue
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Down
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Revenue
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Down
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Revenue
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Down
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Cash flow
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Revenue
$470,000
Down
$530,000
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Cash flow
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Revenue
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Down
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Cash flow
$46,623
Revenue
$381,554
Down
$35,000
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Cash flow
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Revenue
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Down
$338,000
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Cash flow
Call/Email
Revenue
Call/Email
Down
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Posting: 285746 | Available | 4/26/24
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Cash flow
$475,000
Revenue
$3,000,000
Down
Call/Email
Posting: 267141 | Available | 4/23/24
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Asking Price
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Bldg Size
6,632 Sq.Ft
Space Being Rented
Call / Email
Year Built
Call / Email
Posting: 285771 | Available | 4/22/24
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Lease Amount
$19,105
Cash flow
$360,663
Revenue
$450,798
Down
$105,000
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Cash flow
Call/Email
Revenue
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Down
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Asking Price
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Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 285637 | Available | 4/24/24
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Asking Price
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Cash flow
$350,574
Revenue
$3,578,262
Down
$200,000
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Asking Price
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Cash flow
$200,000
Revenue
$1,046,000
Down
$181,250
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Asking Price
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Cash flow
$200,524
Revenue
$1,314,394
Down
$285,000
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Asking Price
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Cash flow
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Revenue
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Down
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Asking Price
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Cash flow
$225,886
Revenue
$541,975
Down
$725,000
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Asking Price
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Cash flow
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Revenue
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Down
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Cash flow
$403,371
Revenue
$1,264,609
Down
$1,500,000
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Asking Price
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Cash flow
$1,000
Revenue
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Down
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Asking Price
Call/email
Cash flow
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Revenue
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Down
$250,000
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Asking Price
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Cash flow
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Revenue
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Down
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Asking Price
$511,450
Cash flow
N/A
Revenue
N/A
Down
$139,000
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Asking Price
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McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
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