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Profitable Fast Casual Restaurant in East Bay

San Leandro, CA

Seller Financing Available

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Asking Price:$225,000
Gross Revenue:$680,000
Rent:$2,500
Established Year:2017
Cash Flow:$150,000
Inventory:$5,000
FF&E:$30,000
Listing ID: 2210319Listing provided by BizBuySell
BUSINESS DESCRIPTION

Motivated seller!

This fast casual restaurant has been a staple in the East Bay for 9 years, boasting steady growth and consistent profitability. Designed for absentee ownership, it's ideal for an investor seeking a business that requires less than 5 hours per week of involvement. Situated in an established strip mall with ample parking and a central location, the restaurant benefits from a low lease that enhances its profitability. With multiple avenues for revenue growth, this is a prime opportunity for a new owner to capitalize on its success. Seller open to asset sale. For more detailed information, please contact listing broker Ardeshir Vosooghi at ardeshir.vosooghi@fcbb.com or 650-397-6564.

DETAILED INFORMATION
Location
San Leandro, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,300
Lease Expiration
31/05/2027
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This is a leased location of 1,300 square feet with a Total monthly rent of $2,500. Lease ends 5/2027 with One 5-year options. Seller is active with 4 FT and 6 PT employees. Hours of operation are 11:30am – 7:30pm Sunday to Saturday. $5,000 in inventory and $30,000 in FF&E included in the asking Price. $100,000 made in leasehold improvements. CA Food Handling and Health Department license required.
Financing
$150k down-payment seller carry back for 2 years $100K 10%.
Support & Training
2 weeks
Reason for Selling
Changing Industry
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Ardeshir
Vosooghi
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Ardeshir Vosooghi
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