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Downtown Hamburger Shop In San Jose For Sale

San Jose, California - North
Asking Price:
$135,000 Inventory / Stock included
Sales Revenue:
$321,031
Cash Flow:
$87,329

This South Bay hamburger and fries shop has a prime location in the front of a food court. The court is completely filled up with about a dozen different vendors and has common seating for 200. The seller who opened the business in 2015, has started a new business, needs to sell this one to fund her new operation. The seller is motivated and will carry a note for a qualified buyer and there is a construction loan that can be assumed as part of the purchase price. Utility charges are included in the NNN. The business can remain hamburgers or changed to Indian, Greek or any 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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