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    1105 University Ave

    Berkeley, CA 94702
    • $331,000
    • STATUS: Active
    • ON SITE: 77 days
    • MLS #: 40921587
    UPDATED: 208 min ago
    $331,000
    • 0
      BEDS
    • 0.02
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    Proven franchise model with stellar reviews. Excellent Location in a University town. Absentee Owner- looking to retire. History of 422k-488k in Gross Sales; Rent 3800 + Cam Seller claims $80-$95k net; Broker has not verified; Buyer to Validate. Long lease possible with favorable terms. Performing well through COVID-19 with increasing sales Neighborhood is going through significant changes that will surely & positively impact the business and take to it new levels of growth. Ability to save significantly by a Owner/operation model. Ability to Market to local areas to ramp up sales. No near competition.

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    Bay East ©2020. CCAR ©2020. bridgeMLS ©2020. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2020-12-04T23:42:45.553.

    www.teamlopez.com/homes/110181893
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    1105 University Ave Berkeley, CA 94702

    • Price: $331,000
    • Status: Active
    • Updated: 208 min ago
    • MLS #: 40921587
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.02
    Acres
    Neighborhood:
    Berkeley
    County:
    Alameda
    Area:
    Berkeley
    Property Description
    Proven franchise model with stellar reviews. Excellent Location in a University town. Absentee Owner- looking to retire. History of 422k-488k in Gross Sales; Rent 3800 + Cam Seller claims $80-$95k net; Broker has not verified; Buyer to Validate. Long lease possible with favorable terms. Performing well through COVID-19 with increasing sales Neighborhood is going through significant changes that will surely & positively impact the business and take to it new levels of growth. Ability to save significantly by a Owner/operation model. Ability to Market to local areas to ramp up sales. No near competition.
    Exterior Features

    Exterior Other Garage Or Parking More Than 20 Spaces Location Neighborhood CommercialSee Remarks Parking Spaces Total 20 Roof Other Tot Bldg Sq Ft 0

    Interior Features

    Bus Sq Ft Of Bldg 0 Floors Other

    Property Features

    Annual Act Gross Inc 488000 Annual Insurance Expense 0 Annual License Expense 0 Annual Misc Inc 0 Annual Taxes 0 Annual Utility Expense 0 Business Name Subway Business Type Sub Sandwiches Employees 2 To 5 Existing License And Permits Business License Facilities None Financial Data Source Provided By Owner Form Of Ownership Corporation Gross Oper Actual Inc 0 Lease Type AssignableNegotiable Net Oper Income 80000 Other Annual Expense 0 Sale Includes Alarm SystemCovenantExisting SignsFixtures And EquipmentFranchiseLicenseNameNon-Competition AgmtOtherTelephone System Special Information None Tenant Expense Common Area Maintenance Terms Call Listing Agent Total Annual Operating Expenses 0 Year Business Started 2017 Zoning C

    Listing courtesy of Benjamin Diaz-Habben of Kingship Realty Group.


    Bay East ©2020. CCAR ©2020. bridgeMLS ©2020. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2020-12-04T23:42:45.553.

     
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    Paul Lopez Real Estate
    955 W Center St. Suite #9
    Manteca CA, 95337