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Fremont, Alameda County, California
Asking Price
$295,000
Revenue
$1,475,039
Down
30%
Cash Flow
Call/Email
Name: Byung (John) Ahn
Phone: Show phone number
Name
Byung (John) Ahn
Phone
Show phone number
Posting ID:
285083
Attributes:
Absentee Run
License (Liquor, etc.)
SBA Loan Pre-Qualified
Training And Support
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The Korean BBQ, BAR and Sushi with Real Estate is located in one of upscale neighborhoods in Contra Costa County, California. This property boasts attractive interior structure and is positioned on a high-traffic boulevard and ensuring maximum visibility to many passersby. Moreover It is surrounded by Hotels, Commercial buildings and Residential Area. The buyer can keep current business concept or can convert to any kind of restaurant. Must see!!! ▶ Asking Price: $3,960,000 (Business + Real Estate) - Business: $360,000 - Real Estate: $3,600,000 / Cap Rate 5%+ - SBA Loan: Available for the qualified buyers/ Pre- Approved ▶ Business Facts: - Type: Restaurant - Korean BBQ, Bar & Sushi - Size: 4,233 SF - Rent: $15,000 + NNN (If purchase the business only) - Revenue: $100K+/month (Seller's claims/ not verified by listing broker) - Start year of Operation: 11/2019 (by current owner) - Seats: Inside 136 + Patio 20 / 11 Table Grills for 66 Seats and Table Hood - License & Permits: ABC Type 41 Beer & Wine, Health Permit, Business License - Kitchen: Full Kitchen Equipment, 20+ Feet Type 1 Hood, Walk-in Cooler and Freezer, ETC. - Hours: Mon-Thu (4PM-12AM), Fri- Sun (12PM-3PM/ 4PM-12AM) - Employees: 10 +/- - Parking: 21 Spaces + Street - Training: Seller will train the buyer. - Reason For Sale: For rest ▶ Real Estate Facts: - Property Type: Restaurant - Building Size: 4,233 SF - Lot Size: 18,295 SF (0.42 Acres) - Building Hight: 1 Story / Free Standing - Year Built: 1962 - Cap Rate: 5%+ - Use Code: Restaurant DISCLAIMER: All above information contained in this offering memorandum resulted from representations by Seller. The listing broker, Supra Business Realty, cannot and will not verify the accuracy or completeness of any information. Purchasers must verify any such information themselves and should engage legal and financial advisors to assist with the process.
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