6 Days Open Cafe with Property $2,95 MIL

Asking Price$2,950,000

Gross Revenue
$1,200,000

Net Operating Income$352,000

FF&ENot Disclosed

Building Sq. Ft.Not Disclosed

Price per Sq. Ft.Not Disclosed

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6 Days Open Cafe with Property $2,95 MIL


Asking Price$2,950,000

Gross Revenue
$1,200,000

Net Operating Income$352,000

FF&ENot Disclosed

Building Sq. Ft.Not Disclosed

Price per Sq. Ft.Not Disclosed

Property Description
Real Estate:
$2,460,000
Business $490K

Established:
1986


Business Description

For Sale: Established Cafe & Building in Prime Anaheim Industrial Location - $3.29 Million

1). gross sales is $1,200,000 a years on average.
2). size is approx.2,790 SF.
3) Lot size is 17,864 sq
6). The average net income possible is $ 15,000 PER MONTH +
7). The Restaurant has been more owned 41 Years
8).6-day business, hours are from 7 am to 8 pm Monday thru
Saturday and closed on Sunday
9). 15 Full + Part WORK
10). ( 1 ) Owner no works
> While currently structured for absentee operation, active full-time ownership is advised by the seller to maximize income potential.
> Situated on a highly visible corner lot at a major intersection, the property features 2,790 sq ft building with 32+ parking spaces, a additional 600 sq ft covered patio.
> Established in 1986, this local favorite has a strong 38-year history, serving all-day breakfast, burgers, salads, sandwiches, and light entrees to local customers and the area's workforce.
> The seller intends to sell both the business and property together but will consider selling the business separately for a fixed price of $590,000,
• SALES
Gross annual turnover is represented by the seller to range between $950,000 and $1,100,000 (not broker-verified).
• INCOME
structure reaches $29,400, which is strongly recommended for buyer consideration.


• Pricing Breakdown:
> Total Consideration (Business & Real Estate): $3.3 million
> Business Only: $590,000 with a $10,000 monthly rent plus triple net for the buyer.
> Real property value is estimated between $2.4 and 2.7 million.
• Financing: SBA loan may be available with a minimum down payment of 30%. Estimated monthly loan payments at 30% down would be approx. $20,100 over 25 years at a 10.00% interest rate (subject to buyer qualification and market variations). Note: Mortgage payments contribute to future wealth upon the sale of the combined business and/or property.
Listing Info
ID:
2358336
Listing Views:
840

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Property Listed by: Mooney Lee Action Realty Task, Inc

Listing ID: 2358336 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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