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Mojo Burger Willow Glen CA For Sale

San Jose, California - North
Asking Price:
$137,000 Furniture / Fixtures included
Sales Revenue:
$420,651
Cash Flow:
Under $50K

Mojo Burger Willow Glen CA BTI # 8474
If you visit the location you cannot go into the back of the restaurant without the seller or your
agent being present you will only be able to see the front dining area.
Be aware this is a true asset sale the name, recipes and inventory are not included and the seller will take his employees with him to his second location. The site is well situated in an end cap in a very successful Willow Glen neighborhood shopping center. The site is at the SW corner of Bird and Minnesota Ave several blocks East of Lincoln Avenue in Willow Glen and is a fully equipped restaurant presently selling burgers and fries and has a type 41 ABC license. This is a great opportunity for someone looking to place their franchised fast food restaurant concept. The center has a Taqueria, a Chinese restaurant, a doughnut shop and a small pizza restaurant.
Sales $420,651 Cash Flow $9,852 For 12 months ending Dec 2016 from 1120
Purchase Price $137,000 Down Payment $137,000
Rent $5,665 NNN $1,552 Lease Exp 5/31/2019 Bldg Size (SqFt) 2,000 Option Yrs 0
Employees FT: 0, PT: 0 Owners FT: 0, PT: 0
Reason for Sale: Concentrate on second location
Hours: Monday - Sunday 11:00 AM - 8:30 PM

Property information

Real Estate:

Lease

Lease Terms:

Rent $5,665 NNN $1,552
Lease Exp 5/31/2019
Bldg Size (SqFt) 2,000 Option Yrs 0

Lease Rent:
$43 per sq ft per annum
Location:

1411 Bird Avenue San Jose, CA 95125

Premises Details:

Rent $5,665 NNN $1,552
Lease Exp 5/31/2019
Bldg Size (SqFt) 2,000 Option Yrs 0

Size in square feet:
2,000

Business Operation

Reasons for selling:

concentrate on second location

Trading hours:

Monday - Sunday 11:30 AM - 8:30 PM

Employees:
3
Years established:
2006

Other Information

Support & training:

one week for 40 hours per week

Furniture / Fixtures value:
$50,000 - included in the asking price

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