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Chinese Restaurant

  • Status: Available
  • Price: $49,000

Susan Mehravar

License No:
DRE #01448422
Email:
susan@lbaweb.com
Office:
(925) 932-4395
Mobile:
(925)932-2450
  • Listing No: 4005
  • Status: Available
  • Area:
  • Price: $49,000

Description

Well established restaurant with very charming dinning room located in a heavy foot traffic street of SF. It’s next to Hilton hotel and many apartments & office building. It is about 4000sq.ft. Rent is $9,800/m, (but the landlord is willing to give 6 months discount to the new buyer for $3,675 per month including NNN). There are couple rooms for private banquet parties, ABC type 41, Fully equipped kitchen with 24 feet hood, walk in cooler & freezer, storage and more and more …..

# 4005

Business Information

Ownership Type: Sole Proprietorship
Year Established:
Year Purchased:
Business Type: Restaurant
License(s) Required: Business, Heath, ABC
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4005
Date Available: 11/18/2020
Reason For Sale:

Financial Information

Annual Total:
$840,000
Revenue:
Annual Net Income:
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
First 6 x months $3,675/m, then it would be $9800 which is the current Rent
Lease Expires:
2023
Lease Option:
NNN:
Included

Financing Information

Down Payment:
$49,000
Owner Will Carry:
Other Finance:
Terms:

Contact Us

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