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#6149
Oxnard Restaurants For Sale
Thousand Oaks Restaurants For Sale

Chinese Fast Food on Busy Street

$159,000
Chinese Fast Food on Busy Street
This Listing is Expired

Chinese Quick Serve Restaurant (in the style of Panda Express) located on a Busy Street location with plenty of parking.

Less than 3 years old, so most of the equipment is practically new. They have a Walk-in Cooler approx 12X6 and freezer approx 6X6.

Kitchen has a hood and grease trap and is equipped with 6 WOK Burners of various sizes, 2 Basket Fryer, many various refrigerator units.

Front Hot Unit Display Units fit 10 Full Size Pans. They have a 6 panel menu board.

Dining Room has 22 seats but is approved for 32 so additional seating can be added.

Rent is ONLY $3399.00

Current Sales are $1,500.00 per day average as stated by Ownern this has not been validated by SellingRestaurants.

This Quick Serve CHINESE Food Restaurant was completed just as the Covid restaurant restrictions were taking place which delayed the opening and once opened it was difficult to operate the business and get it going. The business is seeing a good amount of sales now but the owner after being in the restaurant business for years and the issues getting through the Covid challenges just wants to retire.

The restaurant was built NEW except for the Walk-in Cooler and freezer that was there from a previous business, so equipment is in Great Shape.

Owner spent hundreds of thousands of dollars in building out the restaurant, going through design, building dept, health dept, city, ETC and Buyer can just walk in and take over this business at a fraction of the cost.

The area has a park across the street, many apartment units and a new complex that has been approved and should break ground shortly. There is also a lot of large industrial buildings very close by. So it has the ability to have a strong lunch and dinner business.

When Visiting Remember to Keep Your Visit CONFIDENTIAL as the employees are not aware of the sale. Please direct ALL Questions to the Broker.

 

 

This is a a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Stuart Schlosser DRE License #01809021

Lease

Region:
Oxnard Restaurants For Sale
Thousand Oaks Restaurants For Sale
Lease Term:
expires August 31, 2024 plus 2 - 5 yr options
Total Monthly Rent:
$3,399
Security Deposit:
$3,399

Operations

# of Full-Time Employees:
3
# of Part-Time Employees:
2
# of Working Owners:
2
Hours Open:
10:30AM - 9:00PM 7 days
Year Established:
2019
Hood System Type 1:
Yes

Facilities

Indoor Seating:
22
# of Parking Spots:
8++

Highlights

  • Quick Serve CHINESE Restaurant
  • Located on Busy Street
  • Most equipment less than 3 years old
  • Hood and Grease Trap

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 58,753 105,098 190,507
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 14,903 26,557 54,565
2010 Persons Per Household 3.94 3.78 3.29
Median House Value $342,600 $349,007 $362,241
Income Per Household $55,271 $59,730 $65,175
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,551 2,253 3,114
2012 Number Of Employees 51,938 73,802 86,194
2012 Total Annual Payroll $1,056,738,000 $1,471,876,000 $1,680,766,000

click for more demographic info

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, foreward 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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