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Downtown Hamburger Shop In San Jose For Sale

San Jose, California - North
Asking Price:
$150,000 Inventory / Stock included
Sales Revenue:
$325,025
Cash Flow:
$103,265

Reduced price with seller note! $32,235.00 24mo per mo 1428.67. This South Bay hamburger and fries shop has a prime location in the front of a food court. There are eight other vendors in the food court and the remaining two spaces are under construction. The seller who started the business in 2015, is starting a new business, needs to sell this one to fund the new operation. There is a construction loan of approximately $24K that can be assumed as part of the purchase price. The seller may carry a note for a qualified buyer. Utility charges are included in the NNN. The business can remain hamburgers or changed to Indian, Greek or a concept not already in the food court.BTI#8477

Property information

Real Estate:

Lease

Leasehold Rent:

$1,699 per annum

Location:

Located within a food court in a high traffic area.

Premises Details:

The shop is 377 sq. ft. and the food court has 200+ common seats. Rent is $4570 including utilities.

Size in square feet:
377

Business Operation

Competition / Market:

Only hamburger shop in the food court.

Reasons for selling:

Generate working capital

Trading hours:

Mon - Thurs 11:30 - 9:00; Fri & Sat 11:30 - 10:00; Sun 11:30 - 7:00

Employees:
4pt
Years established:
2015

Other Information

Support & training:

1 week 20hrs

Inventory / Stock value:
$500 - included in the asking price

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