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#3257
Tempe Restaurants For Sale

LOW RENT-TURNKEY ASIAN BISTRO Only $30,000

$30,000
In Escrow
LOW RENT-TURNKEY ASIAN BISTRO Only $30,000



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SUMMARY: This is a great oppportunity to own a fully equipped freshly painted and refurbished Asian restaurant in Gilbert, Arizona. Part of the bustling Southeast Valley, adjacent to Chandler and Mesa offers a huge population base of over a million potential customers. This place is spotless and ready to go. Currently the cuisine is Chinese but Thai, Korean, Vietnamese or any Asian food specialty requiring a Wok system can be easily prepared in this complete kitchen.

THE RESTAURANT: The restaurant is an owner-operator's dream. The 1200 square foot facility is easily operated and requires minimal employees. In just a little over a year the restaurant has created a loyal dine-in and take-out clientele.

THE LEASE: The low rent of $16 sq ft. ($1600/month) has no increases until year three of the five year term and then at only 3% per year. Exercise the option for an additional five years.

WHY IS THE SELLER SELLING: The current owner needs to return to China and is anxious to make a great deal. Lock this one up and be in business immediately.

HOW TO GET THE NAME AND ADDRESS: You want to see this place. We make it easy. Select one of the orange button just below this ad. Then follow the process from there.

A Paramount Restaurant Brokers, inc. Listing. 

This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Tempe Restaurants For Sale
Lease Term:
Expires Dec. 2014 + 5 yr option
Total Monthly Rent:
$1,600
Security Deposit:
$2,300

Operations

# of Full-Time Employees:
4
# of Part-Time Employees:
1
Hours Open:
11-9 seven days a week
Year Established:
2010
Hood System Type 1:
Yes

Facilities

Indoor Seating:
36
Inside Sq. Ft.:
1,200

Highlights

  • LOW RENT -TURN KEY CHINESE BISTRO
  • Located in the Bustling Southeast Valley
  • Easy to operate
  • Fully Cleaned and Refurbished
  • Bring Your Asian Menu and Be In Business Immediately
  • Highly Motivated Seller
  • This is a Steal for Only $30,000

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 39,151 111,650 446,677
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 13,674 38,699 145,742
2010 Persons Per Household 2.74 2.77 2.80
Median House Value $217,400 $182,416 $172,958
Income Per Household $75,365 $63,110 $60,865
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,066 2,163 8,876
2012 Number Of Employees 33,720 56,422 245,060
2012 Total Annual Payroll $743,326,000 $1,175,126,000 $4,294,967,295

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Disclaimer

Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.


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