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#6034
Monterey County

Authentic Vietnamese restaurant for sale in Salinas near Walmart, MOD

$250,000
Available
Authentic Vietnamese restaurant for sale in Salinas near Walmart, MOD



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Authentic Vietnamese restaurant for sale in Salinas near Walmart, MOD pizza, Jack in the BOX and other retail establishments. The restaurant was built 3 years ago and converted into a restaurant with a high ceiling and ADA restroom. Operated by husband and wife duo 

This shopping center brings in lots of traffic because of WALMART and other restaurants nearby. Approximately 1600+ sq ft with less than 49 seating capacity. Lease amount is $5600 all inclusive. Averaging between $30,000-$40,000 credit cards only and roughly $20,000 of cash is separate. Some of the equipment included are 16 feet type 1 hood, flat grill + 6 burner stove, 3-door refrigerator, 3 door freezer, ice machine, AC system, water heater and more

 

We obtain the information in this marketing package from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty, and representation about it. It is submitted to the possibility of errors, omissions, change of price, rental or other conditions, before the sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions, or estimates, for example only, and they may or may not represent current or future performance of the business & Property. You and your tax or legal advisors should conduct your investigation of business and transaction. 

 

This is a The Real Estate Discount Concept listing.
Commercial Realtor Tommy Tran DRE License #01439113

Lease

Region:
Monterey County
Lease Term:
There is 7 years left with 5 years option on lease
Total Monthly Rent:
$5,600

Operations

# of Full-Time Employees:
2
# of Working Owners:
2
Hours Open:
Closed Sunday/ open from 10:30-8:30pm
Year Established:
2018
Hood System Type 1:
Yes

Facilities

# of Parking Spots:
shopping center
Inside Sq. Ft.:
1600+

Highlights

  • Can convert
  • got lots growth potential
  • lots of parking

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 60,920 147,754
Households 3-mi. 5-mi
2010 Number Of Households 16,763 36,417
2010 Persons Per Household 3.46 3.86
Median House Value $254,400 $256,410
Income Per Household $56,358 $53,632
Businesses 3-mi. 5-mi
2009 Number Of Businesses 598 1,379
2012 Number Of Employees 16,518 33,536
2012 Total Annual Payroll $267,019,000 $546,156,000

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Disclaimer

This information has been secured from sources we believe to be reliable but we make no representations, warranties, express or implied, as to the accuracy of the information. Listing broker has been given enough information to provide only a preliminary interest in the property. The materials are not to be considered fact. The information contained herein is not a substitute for thorough due diligence investigation. References to square footage, zoning, use, or age are approximate. Any renderings should be considered conceptual in nature and such renderings do not represent the current condition or what can or may be done to the property. Neither broker or landlord represent that this space is suitable for your use. Tenant or Buyer must verify the information at their own expense and bears all the risk for any inaccuracies.


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