Restaurant Dealmaker by Steve Zimmerman

Author:Steve Zimmerman [Zimmerman, Steve]
Language: eng
Format: epub
Publisher: Steve Zimmerman
Published: 2013-04-13T21:00:00+00:00

Restaurant 19, South San Francisco, CA: 6,300 sq. ft., $1.4 million yearly sales, but restaurant was closed a year before sale; lease terms: currently monthly rent $4,095 NNN with 5% yearly increases every 2 years until 1/31/08, plus two 5-year options at market. COE 5/13/02; sales price: $170,000 through the Federal Bankruptcy Court Chapter 11 proceeding.

Restaurant 20, San Francisco, CA; 8,000 sq. ft., $1.1 million yearly sales; lease terms: 6 years, monthly rent first year $4,200 fixed until 4/30/06, with 5-year option with CPI adjustment in the first year of the option period. COE: 8/28/01; sales price: $285,000.

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