SellingRestaurants presents this great dine-in & take-out Chinese food restaurant with 17 years of success and one busy operation! PRICE is Negotiable. Don't miss this one. This sit-down and take-out Chinese restaurant with a Beer & Wine license plus delivery service has a track record of great food and service where locals and tourists always come back for more and are always ordering for their hotel rooms. The kitchen includes a 12 ft hood with 5 wok burners, a gas roasting bbq for duck and pork, among other equipment items. Much of the business is driven by take out and delivery. Business is steady throughout the year but really picks up during the tourist seasons due to the owner�s marketing within the surrounding hotels near Disneyland. The location has proved to be a success. The average monthly gross sales are $28,000 and during average tourist seasons between $30,000 to $35,000 monthly. Keep in mind these sales are just from dinner service. Several restaurants in the area are mainstays with many years in business. Furthermore the existing owners of this Chinese restaurant have operated for 17 years while being open for dinner service only! The surrounding area has many large companies, the local school district�s offices, and many other businesses which would support a lunch menu. We're not selling potential here, we're selling real results! One can grow the business by offering a lunch menu and expanding the existing delivery area and dine-in service. This restaurant is a great opportunity for a family looking to grow an established restaurant business. The seller is retiring and will provide training for a smooth transition. Low Overhead; the lease terms are very reasonable for the area with 1,000 sq ft at $2,191 a month which includes CAM charges. The existing lease term expires March 2012 with (1) option to extend for an additional 5 years.
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This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409
Lease
Region:
Orange County Restaurants For Sale
Lease Term:
expires March 2012 + 5 yr option
Total Monthly Rent:
$2,191
Operations
# of Full-Time Employees:
1
# of Part-Time Employees:
2
Hours Open:
Monday-Sunday: 1pm-12am
Highlights
- 17 years of Successful dine-in and take-out business
- Beer & Wine license included
- Currently open for Dinner only & doing descent Sales
- Low Overhead. Good lease terms
- Great demographics with Large companies and school district nearby
- Real potential with menu expansion
- Plenty of Hotel Business
- Expand hours to lunch
- Very busy restaurant
Financing
Will Seller Lend To Buyer:
No
Demographics
Population |
1-mi. |
3-mi. |
5-mi |
2014 Total Population |
65,317 |
313,242 |
721,912 |
Households |
1-mi. |
3-mi. |
5-mi |
2010 Number Of Households |
17,515 |
89,315 |
207,768 |
2010 Persons Per Household |
3.51 |
3.37 |
3.34 |
Median House Value |
$335,400 |
$382,644 |
$404,955 |
Income Per Household |
$47,715 |
$58,611 |
$62,947 |
Businesses |
1-mi. |
3-mi. |
5-mi |
2009 Number Of Businesses |
1,386 |
5,275 |
12,949 |
2012 Number Of Employees |
47,322 |
160,556 |
498,412 |
2012 Total Annual Payroll |
$956,860,000 |
$2,935,541,000 |
$4,294,967,295 |
click for more demographic info
Disclaimer
Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("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. DRE License # 01339409.