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PROPERTY DETAILS

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Asking Price: $350,000 Active
Flyer Private OM Submit LOI Submit POF Financial Due Diligence
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Detail
Total Lot Size N/A
Price/Unit N/A
Total Build Area N/A
APN 0
Assessors Parcel # 0
Lot Number 0
Block Number N/A
Parcel/Sidewell# N/A
FF&E N/A
Down Payment N/A
Pro Forma IRR N/A
IRR N/A
Cash Flow N/A
Est Loan PYMT N/A
Inventory Included in Price No
Estimated Inventory $5,000
Franchise Y/N No
Franchise Transfer Fee N/A
Full Time 2
Part Time 36
Non Manager No
Lease Years Left 3
Option Terms 4
Other Specifics 0
Air Rights N/A
Keys N/A
Beds N/A
Rooms N/A
Buildings N/A
Units N/A
Stories N/A
Ceiling Height N/A

Legal Descriptions

Income
Pro Forma CAP N/A
CAP Rate 45.13%
Pro Forma GRM N/A
GRM N/A
Pro Forma COCR N/A
COCR N/A
Cash Flow Before Tax (CFBT) N/A
Cash Flow After Tax (CFAT) N/A
Monthly Cash Flow N/A
Occupancy N/A
Gross Income $1,900,000
GOI $1,900,000
Net Income $163,000
NOI $163,000
EBITDA $163,000
Lotto N/A
Cigarette Sales N/A
Grocery Sales N/A
Liquor Sales N/A
Check Cashing N/A
Food Sale N/A
Catering $180,000
Parties N/A
Dine-In N/A
Bar Sales N/A
Annual Taxable Sales N/A
Annual Non-Tax Sales N/A
Annual Other Income N/A
Annual Rental Income N/A
Avg Rent / Unit N/A
Premium Sales N/A
Premium Markup N/A
Regular Sales N/A
Regular Markup N/A
Unleaded Sales N/A
Unleaded Markup N/A
Diesel Sales N/A
Diesel Markup N/A
Other Sales N/A
Other Markup N/A
Car Wash N/A
Car Wash Ann Rvn N/A
Has Market No
Market Ann Rvn N/A
Has Restaurant No
Restaurant Ann Rvn N/A
Expense
Monthly Rent $4,100
NNN N/A
Electric N/A
COG N/A
Payroll N/A
Utilities N/A
Insurance N/A
Advertising N/A
Other Expenses N/A
Description

Price Reduced for Quick Closing! The original listed price was $399,000.
An excellent opportunity to buy an Italian Restaurant with a full bar, situated in the prime location. This restaurant is a high pace Italian Restaurant located in a unique area of Santa Cruz County which has been operating very successfully for the last four years. Family and business conference friendly Authentic Sicilian Italian cuisine. The current owner had negotiated great rent terms. The restaurant currently runs absentee owners. The restaurant has nice interior decor with a full bar — lots of upsides for a buyer with excellent management skills.
Type 47 hard liquor license.
The restaurant kitchen is fully equipped to handle rush hours.
Important: Please print and sign the NDA for more information.
Note: Proof of funds required for the Financial package.

Gross Sale: $1.9 Mil Plus
Net Income: $163,000 Plus ( Before Add-Backs)
Net Income After Add-Backs: $208,000 Plus
Rent: $4100 Monthly
Seats: 127
Size: 3477
Lease 3 year with 4 years option
Employees: 2 full time and 36 part-time

The financial information was supplied by the seller and has not been verified by the broker. The broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Special Remarks
To receive more information please provide the following items
1. Signed NDA
2. PROOF OF FUNDS
3. LOI
We are not permitted to provide any more information without the signed NDA
Disclaimer
The financial information was supplied by the seller and has not been verified and will not be verified by the broker. The broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.
Location:

Santa Cruz County, California

Location
Satellite
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Listing ID: 100040
Purchase Price$ 750,000.00
% Down Payment20%
Interest Rate8.75%
Mortgage Length (years)30
Down Payment$ 187,000.00
Loan Amount$ 562, 500.00
PAYMENT WITH PRINCIPAL$ 4,425.00
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Listing Offered By
AJ Rana AJ Rana
Broker
CALBRE: 12345
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CONTACT US
(from currently avible funds)
(months)
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Helpful Resources
William Michin, CPA, Certified Fraud Examiner Due Diligence
Although this is a franchise company... All data, information including all
measurements and calculations of area, is obtained from various sources and has
not been, and will not be verified by the broker for accuracy.
Call 805-123-4567
William Michin, CPA, Certified Fraud Examiner Due Diligence
Although this is a franchise company... All data, information including all
measurements and calculations of area, is obtained from various sources and has
not been, and will not be verified by the broker for accuracy.
Call 805-123-4567
William Michin, CPA, Certified Fraud Examiner Due Diligence
Although this is a franchise company... All data, information including all
measurements and calculations of area, is obtained from various sources and has
not been, and will not be verified by the broker for accuracy.
Call 805-123-4567
William Michin, CPA, Certified Fraud Examiner Due Diligence
Although this is a franchise company... All data, information including all
measurements and calculations of area, is obtained from various sources and has
not been, and will not be verified by the broker for accuracy.
Call 805-123-4567
William Michin, CPA, Certified Fraud Examiner Due Diligence
Although this is a franchise company... All data, information including all
measurements and calculations of area, is obtained from various sources and has
not been, and will not be verified by the broker for accuracy.
Call 805-123-4567