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#439
Chico Restaurants For Sale

Chinese Family Style Restaurant - or convert to Thai

$79,000
Chinese Family Style Restaurant - or convert to Thai
This Listing is Expired
Turn key family style restaurant located in busy shopping center near University and surrounded by student apartments. 3 years remain on lease with five year option. Base rent $1,281 for 1,150 sq/ft plus CAM. Plenty of parking space in the shopping center. It is prefect location to convert to Thai or fast food restaurant.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Chico Restaurants For Sale
Lease Term:
3yrs+ 5 option
Total Monthly Rent:
$1,281
Security Deposit:
$2,000

Operations

Liquor License:
41
# of Family Employees:
3
Hours Open:
Mon to Thurs 11am to 9:30pm
Fri to Sat 11am to 10pm
Sun 12pm to 10pm
Year Established:
1995

Facilities

Indoor Seating:
40
Inside Sq. Ft.:
1,150

Highlights

  • Convert to another Asian concept such as Thai, Japanese
  • Plenty of shopping Center Parking
  • High Traffic Shopping Center
  • Lots of students in the area
  • Close to Large University Campus
  • 3 years remain on lease terms
  • Base rent $1,281.04 plus CAM
  • One 5 year option
  • 1,150 Sq. Ft.

Financing

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

Demographics

Population 1-mi. 5-mi
2014 Total Population 36,389 73,162
Households 1-mi. 5-mi
2010 Number Of Households 15,419 29,899
2010 Persons Per Household 2.34 2.38
Median House Value $270,100 $281,965
Income Per Household $39,216 $42,126
Businesses 1-mi. 5-mi
2009 Number Of Businesses 1,012 2,197
2012 Number Of Employees 26,244 59,120
2012 Total Annual Payroll $507,110,000 $1,017,997,000

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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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