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3058 EL CAMINO AVE
CERES, CA 95307-3714
Business Price
$250K
Asset Type
Business Only Business-for-sale
Class
Class B
Financials
Real Estate
Not included
Franchise
No
What's Special
<p><span style="color: rgba(0, 0, 0, 1)">Positioned at one of the most visible and accessible corners in downtown Ceres, this beautifully designed restaurant and bar sits directly along the highly traveled Highway 99 corridor, at the corner of 4th Street and El Camino Avenue. </span></p><p></p><p><span style="color: rgba(0, 0, 0, 1)">The 3,100+ square-foot space includes all furniture, fixtures, and equipment highlighted by a 10-foot commercial hood, 8'x6' walk-in refrigerator, 48" stove burner
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NOI
$80,000
Cap Rate
32.00%
DSCR
5.39
Strong
Cash-on-Cash
86.88%
Monthly Payment
$1,236.864
Annual Cash Flow
$65,157.637