$69,000.00
Asking Price
Status: Active
Posting ID: 286254
4/25/24
Description
This is a burger shop in a popular and large neighborhood shopping center with several national chain anchor tenants, including Safeway, Starbucks, Exchange Bank, Dollar Tree & more. This burger shop occupies a great corner unit with wrap-around windows and is adjacent a bustling outside patio shared by multiple tenants. A qualified buyer can execute a new & different concept or a similar menu/brand. The restaurant is well-equipped and set-up to accommodate most concepts—there are some exclusions due to other restaurants in the center.
ADDITIONAL DETAILS:
- The shop is 1,400 square feet (approx.) with seating for 42 and seating for 20 on the outdoor patio
-Current rent is $6,377.83 plus $1,071 NNN (approx.) with current term ending Jan 2025 and + one 7-year option to renew. Qualified buyer to work with landlord on lease terms.
- Equipment includes: 13’-0 (approx) Type-1 hood exhaust hood, 2 deep fryers, a flat grill, char-broiler, a single door reach-in freezer, Two double door reach-in refrigerators, refrigerated prep station, and more.
- Founded in 2018, the shop operates 7 days a week 11:30am-8:00pm
-Ownership works full-time with 2 full-time employees and 10 part-time employees
-Inventory valued at $5,000 (approx) is not included in the purchase price.
-Seller’s current brand, menu, and recipes are not included in the sale.
-Premises is licensed with a Type-41 ABC Beer and Wine license.
PRICE INCLUDES: Furniture, fixtures and equipment, covenant not to compete training period, leasehold interest, goodwill and leasehold improvements. Tradename, brand, recipes and menu are not included. Some personal items/items owned by the landlord may also be excluded from the sale.
Disclaimer: The information provided here is compiled from information obtained by the Seller(s). The broker makes no representation as to its accuracy or reliability. Buyer(s) should rely upon their own verification and that of their financial and/or legal advisers with regards to this information.
To get more information about this Burger Shop - In Busy Neighborhood Center business for sale in Sonoma County please phone Ryn Longmaid (Intermediary, Broker - BRE License #:01450190) at 707-503-9335 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #286254 on BizBen.com. In addition to phoning Ryn Longmaid, make sure you email Ryn Longmaid above to get more info about this Burger Shop - In Busy Neighborhood Center, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01253061. Santa Rosa Business And Commercial.
Contact
Details
Asking Price: $69,000.00
Down: Call/Email
Cash Flow: Call/Email
Revenue: Call/Email
Area: Sonoma County
City: None Given
Attributes:
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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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If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
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