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#668
Sacramento Restaurant For Sale

Fine Modern Chinese Cuisine in East Sacramento Area!

$139,000
Fine Modern Chinese Cuisine in East Sacramento Area!
This Listing is Expired
This unique Hong Kong style restaurant serves Dim Sum and Seafood, and has over 1,000 delivery accounts. It has been named the best restaurant by �Citysearch� web site in 2005; Sacramento News & Review gave it a 3 Star rating. The restaurant is located in a shopping center on a high traffic street, neighboring with hamburger fast food, salon, Korean super market and a fitness center. There is 2000sq/ft with rent only $2,300 per month plus CAM charge and 5 years remain on the lease. The dinning room seats 82 guests with plenty of parking spaces. The seller owns another restaurant in East Coast and needs to focus on that business. Don�t miss this low rent location and click �Sign Confidentiality Agreement� link to obtain the business name and address.
This is a Rob Tade-Broker listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
5yrs Remain
Total Monthly Rent:
$2,300
Security Deposit:
$2,000

Operations

Liquor License:
41
# of Full-Time Employees:
5
# of Part-Time Employees:
3
# of Family Employees:
1
Hours Open:
Every Day 11am to 9pm
Year Established:
2002
Hood System Type 1:
Yes

Facilities

Indoor Seating:
82
Inside Sq. Ft.:
2,000

Highlights

  • Modern Hong Kong Style Chinese Cuisine.
  • Citysearch Web Site Named �Best Chinese Restaurant.� 2005
  • Located in Shopping Center on High Traffic Street.
  • Neighboring with Korean Super Market.
  • 2,000sq/ft. Base Rent $2,300 Plus CAM.
  • 5 Years Left on Lease
  • Seats 82 Guests and 1000 Deliver Accounts.
  • Convenience Access Parking Lot.
  • Near By Highway Access.
  • Seller is Planning Relocation to East Coast.
  • Select the Button below "Want the Name and Address?" to see more.

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 20,726 25,520 266,082
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 7,311 8,730 100,961
2010 Persons Per Household 2.72 2.77 2.47
Median House Value $182,700 $196,467 $257,085
Income Per Household $51,981 $56,676 $55,893
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 570 654 6,098
2012 Number Of Employees 22,938 29,084 218,678
2012 Total Annual Payroll $571,647,000 $807,448,000 $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.

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