740 7th Street

    Novato, CA 94945
    • $299,000
    • STATUS: Pending
    • ON SITE: 206 days
    • ID#: 21804726
    Pending
    UPDATED: 17 min ago
    $299,000
    • 0
      BEDS
    • 0.65
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,000
      SQFT
    • $60
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    Well established Mexican Restaurant with loyal customer base. Turn key business opportunity. Minimal startup costs. Change name and menu and you are in business. Bar, patio and seating area fully remodeled in 2013. High visibility area close to shops, banks, grocery stores and the DMV. Parking is open and available shared with anther business. Type 47 liquor license is included. Absentee run which makes payroll high.

    Monthly Payment Calculator



    © 2018 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rapisarda Real Estate. Data last updated: 2018-09-24T08:56:16.133.
    www.raphomes.com/homes/81184717

    740 7th Street Novato, CA 94945

    • Price: $299,000
    • Status: Pending
    • Updated: 17 min ago
    • ID#: 21804726
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.65
    Acres
    5,000
    SQFT
    $60
    $/SQFT
    Neighborhood:
    Novato
    County:
    Marin
    Area:
    Novato
    Property Description
    Well established Mexican Restaurant with loyal customer base. Turn key business opportunity. Minimal startup costs. Change name and menu and you are in business. Bar, patio and seating area fully remodeled in 2013. High visibility area close to shops, banks, grocery stores and the DMV. Parking is open and available shared with anther business. Type 47 liquor license is included. Absentee run which makes payroll high.
    Exterior Features

    Parking 11-25 On SiteCom Area-Shared Road Frontage City Street Roof Shingle

    Interior Features

    Ceiling Height 11-15 Ft Facility Display WindowKitchenOutside SignRestroom- PublicStorage Floors Ceramic TileVinyl/Linoleum Heat Cool Central AirGas Stories 1 Story

    Property Features

    Annual Accounting 30810.00 Annual Advertising 3874.42 Annual Insurance 17937.13 Annual License 3118.76 Annual Misc 219.65 Annual Salaries 468478.42 Annual Supplies 1860.80 Annual Telephone 3799.31 Annual Utility 68828.99 Business Management Absentee OwnerManager Runs Business Name La Pinata Novato Business Opportunity Type Business Opportunity Business Structure Corporation City Transfer Tax No City Transfer Tax Rate 0.00 Close To FreewayShopping Common Int Dev No Condition Very Good Cost Of Goods Sold 372342.33 Days Open Per Week 7 Employees 21 Est Annual Net Inc 69907.15 Est Inventory Amount 0.00 Est License Value 150000.00 Est Total Annual Exp 0.00 Financial Data Verif Yes Fixtures Included Yes Gross Scheduled Inc 1248158.26 Hours Open Over 10 Hour/Day Inc Real Property No Includes EquipmentGoodwillInventoryLeasehold ImpLicense(s) Inventory Included Yes Land Status Leased Lease Deposit Amt 0.00 Lease Term 0 Licenses BusinessFoodLiquor Lic- 5+ YrLiquor- Hard Location Downtown ComlMid BlockShop MallStrip Center Management Availible New Construction Or Resale Resale Option Renewable Yes Pending Litigation No Profit And Loss Yes Reason Selling Own Other Business Rent Per Month 11440.48 Seller Will Consider Cash OnlyConventionalFarm LoanSba Loan Source Inc Exp Acct ProvideTax Returns Special Assessment No Special Info None Square Footage Source Verified Taxes 4787.95 Transaction Type Sale Type AZ BarRestaurant Union No Utilities Cable AvailableInternet AvailableSatellite DishSewer-PublicWater- Public Year Established 5 Years On Option 1 Years Owned 5 Yrs Remain On Lease 0

    Listing information © 2018 Bay Area Real Estate Information Services.
    Listing courtesy of Francisco Valencia of Berkshire Hathaway Homeserv.


    © 2018 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rapisarda Real Estate. Data last updated: 2018-09-24T08:56:16.133.
     
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