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Seafood Restaurant in Burbank- Open 5 Days A Week Ad#F539

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Burbank, California

$240,000

Property Details

Beds0 Baths0 Garage0

Property Description

MONTHLY GROSS: $37,000

MONTHLY RENT: $4,100

LEASE TERMS: 1+5

SIZE: 1,100 SF.

SEATING CAPACITY: 30+

OPEN HOURS: 11AM-9PM MON-FRI ONLY.

CLOSED ON SAT & SUN.

EMPLOYEES: 2 FT, 1 PT.

WAGE: $8,300 /MO.

 

NOTE: ONLY OPEN 5 DAYS A WEEK. OLD OWNER IS RETIRING.

BIG POTENTIAL TO OPEN ON THE WEEKENDS TO BOOST SALES.

SAME OWNER FOR 35 YEARS. GREAT YELP REVIEW.

CURRENTLY SERVING SEA FOOD/FRIED & GRILLED.

SOLID BUSINESS WITH LONG HISTORY.

SBA LOAN WITH 30% DOWN PAYMENT.

 

NET INCOME: $78,000/YR.

ASKING PRICE: $240,000+INV.

 

Property Type Business

Property Status: In Escrow

Property Features

Location

Burbank, California

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