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Chinese Restaurant

  • Status: Available
  • Price: $90,000

Anne Shay

License No:
DRE #02111828
Email:
anne@lbaweb.com
Office:
925-932-2450
Mobile:
415-601-7776
  • Listing No: 4272
  • Status: Available
  • Area: Santa Cruz County
  • Price: $90,000

Description

Located in beautiful Santa Cruz County, close to entryway to a famous State Park and beach, this Chinese restaurant is the only in this town, and is a local and tourist destination for Chinese food. Owner operated, the restaurant accommodates 26 seats inside, and 14 seats outside.; 2 rest rooms outside. Extra room available to put in additional seating. A 2nd separate residential building is available for room and board by restaurant owner and family – 2 bedroom and 1 bath – on a half-acre property. Type one hood, fryers, cooktops, stoves, 1 walk-in fridge for fresh goods, 5 reach in freezers, dishwasher, dryer
Plenty of parking.
Rent 3800/month = water included in rent.
Lease: Seller claims landlord is open to a qualified operator for a 3 year + 3 year option
Electric/gas approx. $1000/month
Seller claims daily average revenue $700/day.
Type 41 ABC license – beer and wine
Hours of operation: Monday thru Sunday 11-9pm
Great YELP reviews. Opportunity to increase sales if business advertises in town, and local surrounding towns.

Business Information

Ownership Type: Sole Proprietorship
Year Established:
Year Purchased:
Business Type: Restaurant
License(s) Required: Business, Type 41 ABC
Hours of Operation: Mon-Sun 11:00 A.M.-9:00 P.M.
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4272
Date Available: 04/27/2023
Reason For Sale: Retirement

Financial Information

Annual Total:
Revenue:
Annual Net Income:
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
3,800 m/
Lease Expires:
Lease Option:
3 year + 3 year option
NNN:

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
Terms:

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