2148 Huntington Dr

    San Marino, CA 91108
    • $299,999
    • STATUS: Active
    • ON SITE: 209 days
    • ID#: WS19213681
    UPDATED: 225 min ago
    $299,999
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    The restaurant size is 1500SF, 9 tables and 29 chairsThere are 3 very talented chefs. They cook very tasty meals fast! I mean really fast, like 6 minutes per dish!There are 20 parkings on the streetThere are total 3 fridges. One is a walkin freezer worth $3000 and another one is a walkin fridge worth $3000The commercial dishwasher was purchased last year worth $3200The equipments plus fixtures worth about $20,000The slower month sales is around $65,000The busier month sales is around $75,000Net profit last year is $52,722, The owner+GGs salary is $72,000 and she only does overal managmenet. Depreciation is $7,679Cashflow in 2018 is around $132,000The average sales price for a restaurant is usually around 2.5~5 times the cashflow and plus the price of equipments and fixtures. So a reasonable price should be at least 350,000. Our starting purchase price is only $299,999t+GGs a very nice business and contact me by my email down below for additional information!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-03T00:29:30.17. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Remax of Chico - The Laffins Real Estate Team. Licensed in the State of California, USA.

    www.laffinsrealestate.com/homes/98737695

    2148 Huntington Dr San Marino, CA 91108

    • Price: $299,999
    • Status: Active
    • Updated: 225 min ago
    • ID#: WS19213681
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    655 - San Marino
    County:
    Los Angeles
    Area:
    655 - San Marino
    Property Description
    The restaurant size is 1500SF, 9 tables and 29 chairsThere are 3 very talented chefs. They cook very tasty meals fast! I mean really fast, like 6 minutes per dish!There are 20 parkings on the streetThere are total 3 fridges. One is a walkin freezer worth $3000 and another one is a walkin fridge worth $3000The commercial dishwasher was purchased last year worth $3200The equipments plus fixtures worth about $20,000The slower month sales is around $65,000The busier month sales is around $75,000Net profit last year is $52,722, The owner+GGs salary is $72,000 and she only does overal managmenet. Depreciation is $7,679Cashflow in 2018 is around $132,000The average sales price for a restaurant is usually around 2.5~5 times the cashflow and plus the price of equipments and fixtures. So a reasonable price should be at least 350,000. Our starting purchase price is only $299,999t+GGs a very nice business and contact me by my email down below for additional information!
    Property Features

    Additional Parcels YN No Building Area Units Square Feet Business Type Food & Beverage Country Us Leasable Area 1500.00 Leasable Area Units Square Feet Number Of Full Time Employees 3 Number Of Part Time Employees 8 Year Established 2016

    Listing provided courtesy of Wenyue Wu of Centermac Realty, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-03T00:29:30.17. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Remax of Chico - The Laffins Real Estate Team. Licensed in the State of California, USA.

     
    Remax of Chico - The Laffins Real Estate Team
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    Chico CA, 95926