Last Revised: 9/10/19. Posting #: 251728
Key Words: iranian, ethnic, middle eastern, fremont, alameda
Financial Info: Price: $135,000. Down: Call. Adjusted Net: Call. Gross Sales: ~$35,000/month. Rent: $5,700/month (Including NNN), 7 Years total including 5 Year Option. Financing: All Cash.
Profile: Located on the corner of a busy plaza in Fremont. Only Iranian restaurant in Fremont. The restaurant has ample parking, Full bar with Liquor License. and bonus outdoor eating space. Surrounded by residential housing, and many businesses including Starbucks, Lucky's, Subway, Jack in the Box, and Fremont Bank to name a few. Only about a mile away from the I-680, and the beautiful Lake Elizabeth. Less than a mile away from Mission San Jose, Fremont Park Golf Course, and Always Dream Play Park. Perfect location to build a reputation with the local community, and out of town visitors. Concept conversion possible with exception to existing restaurants in the center.
Equipment: 6-Burner Range, Hood 16ft Type-1, Kabob Grill, Buffet Table, Double True Oven, 2-Door Refrigerator, Door Freezer, Walk-In Cooler, Meat Grinder, Soda Taps, Co2 Cylinders, Multiple Comp Sinks, Prep Tables, Flat Screen TV, Home Theater System, Security System, Cash Register, Much More. A full list of equipment is available with the Listing Broker
Organization: Corporation | Square Footage: 2,000 sq. ft. | Licenses Required: City Business License, Health Permit, SBOE, ABC Type-47 Liquor License (Included & Transferable) | Hours: Daily 10:30am - 10:30pm | Reason for Sale: Other Business Interests.
Rent: $5,700/month (Including NNN), 7 Years total including 5 Year Option.
Gross Sales: ~$35,000/month
For more details, please complete, sign and return the NDA (Confidentiality Agreement).
We obtain the information in this marketing package from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty and representation about it. It is submitted to the possibility of errors, omissions, change of price, rental or other conditions, prior to sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the business & Property. You and your tax or legal advisers should conduct your own investigation of property and transaction.
Professional Resources & Contacts To Help You Close Your Deal!
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
Profile: If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
Key Words: mike brewer, liquor license, liquor licenses, abc, license broker, liquor license brokers
View All Related Resources & Advisors For This Posting
Profile: J. Back & Associates Restaurant Real Estate was founded in 1988 as the first bay area real estate company to specialize exclusively in restaurant real estate. I am the past President of Charley Browns restaurants and have been involved in the restaurant business for over 35 years.
Key Words: jeff back, j. back & associates - restaurant sales, restaurant, restaurant broker, fast food, hamburger, bar, quick service restaurant, pizza, gastro pub, pub, thai, mexican, hayward, alameda, san ramon, constra costa, san jose, santa clara, oakland, dublin, lafayette
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
Profile: William Bruce, National Business Broker/Intermediary and Valuation Expert from Alabama, explains three important issues that arise when buying or selling a small business of any kind. These issues for business buyers and business owner/sellers include confidentiality, valuation, and financing.
Key Words: buying a business, buy a business, selling a business, sell a business, confidentiality, valuing a business, business valuation, financing, sba loans, loans, business purchase financing, 401k, william bruce
Profile: Obtaining business purchase financing can take business buyers many months, however, there are a number of ways Business Buyers can prepare in order to obtain faster SBA loan approvals from financial institutions. Peter Siegel, MBA shares a list of documents to have prepared for faster approvals.
Key Words: sba, sba loan, sba loans, financing, business purchase financing, peter siegel, financial
Profile: During the sale of your business, you are going to encounter many types of business buyers. BizBenNetwork Manager Jordan Green identifies 6 classifications of business buyers for business owners to look out for and explains their interests and motivations for buying a business.
Key Words: buyer, buyers, business buyer, business buyers, buy a business, entrepreneur, acquisition, acquire a business, jordan green
View Related Blog Posts For This Posting
Profile: In a case study involving hundreds of business buyers, owner/sellers, and business brokers, BizBenNetwork Founder Peter Siegel, MBA and BizBenNetwork Facilitator Manager Jordan Green's research determined the most effective strategies for successfully advertising a business for sale posting online.
Key Words: business for sale, business wanted, for sale, wanted to buy, buy a business, buying a business, sell a business, selling a business, business for sale, advertising, advertise, posting, postings, business broker, brokers, business brokers, broker, agent, agents, jordan green
Related Discussions For This Posting
Comments & Replies: 13 Topics: buying a business, deal structures, legal issues, selling a business
Profile: I was discussing this topic with a potential restaurant buyer about the differences between a letter of intent and a business purchase agreement and discovered that it is common for buyers to ask about which documents they should submit when making an offer on a small business/restaurant.
Key Words: letter of intent, loi, purchase agreement, purchase agreements, letters of intent, restaurant, restaurants, jeff back
Comments & Replies: 10 Topics: business brokers, buying a business, due diligence, escrow bulk sales, for sale by owner, selling a business
Profile: A business buyer asked: “I just made an offer to buy a business and would like to know what items I should get from the seller to initiate and complete due diligence of the business. Also, how much time should I allocate for successfully completing the due diligence process - 1 week? 4 weeks?”
Key Words: due diligence, confidentiality, due diligence process, tim cunha
View All Discussions
Comments & Replies: 11 Topics: advertising, buying a business, for sale by owner, non disclosures, selling a business
Profile: Recently a business owner asked me on the phone, "Why do you keep the sale of a business confidential? How do you keep the sale confidential - any good tips?" Multiple BBN Members weigh in on this topic and give some very good reasons why confidentiality is so important to both sellers and buyers.
Key Words: nda, confidentiality agreement, non disclosure agreement, confidentiality, confidential