Restaurant - Mediterranean Cafe
Location California,United States
Asking Price Range < $250K
Gross Revenues $350000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2002
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Description This is a well known Mediterranean cafe located in a busy area in downtown Albany surrounded by all different kinds of businesses. This cafe serves lunch and dinner. The building is 1,100 sq. ft. with 24 seats including 2 tables and chairs outside. Rent is $1,200 and 2.5 years remain on the lease. The kitchen is fully equipped with 8 ft. hood and fan exhaust system. It has a grill, 6 burner stove, hot plate, charcoal BBQ (not installed), lots of dishes and silverware. All the equipment belongs to the seller except bakery mixer (borrowed). The dishwasher is leased at $185 per month on a month to month lease. There are 2 full time and 2 part time employees with approximately $10,000 per month payroll. The seller works full time. Operating hours are 11 am - 9 pm 6 days a week, closed on Saturday. If new buyer opens on Saturday and serves breakfast, it could raise the gross sales 40% or more according to the seller. The seller is extremely motivated to sell because of his health. At the same time, he would like to keep it very confidential. If you have any questions, please let me know. Asking $160K. Contact for more information on this Restaurant - Mediterranean Cafe for sale.
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