Description:
Established in 1993, Nick’s Family Restaurant is located on a busy street in San Leandro at a minutes’ drive from Highway 880. Family-friendly American spot serving hearty breakfast along with steaks & dinner fare 24/7 (change in business hours due to COVID).Under same ownership from 1998. Sellers are retiring after running this great business for the last 23 years. Ample parking space on the side and back. Easy ingress and egress. Kitchen equipment is in good condition with fairly new capital improvements in the dining area. Seating capacity 120. Parking spots 29.
Equipment Included: 9 ft. Type-1 hood, Walk-in Refrigerator, Cash Register, 4 Burner Range with Oven, Steam Table, Sandwich Prep. Table with 2 door refrigerator, Meat Grinder, Meat saw, Deep Fryers, Deli Case, Grill/Hot Plate with Refrigerator, Flat Screen TVs, and much more. A full list of equipment is available with the Listing Broker.
General Information:
Organization: Sole Proprietorship | Bldg. size: ~3,456 Sq. Ft., Lot size: ~23,050 sq. ft. |
Licenses Required: City Bus Lic, Health Permit, Sellers Permit, ABC Type-11 Beer/Wine Lic. (Included & Transferable) | Days Open/Hours: 24 hrs, except closed between Sunday 2 pm – Monday 6 am | Reason for Sale: Retirement.
Revenue:
Gross Sales: ~$133,000/month based on 2021 Jan-June pnl
Financing:
SBA Loan doable for an eligible buyer with a 20% down payment