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#1535
San Diego Restaurants For Sale

Franchise For Sale: AAA Location Chinese Quick Serve Franchise

$120,000
Franchise For Sale: AAA Location Chinese Quick Serve Franchise
This Listing is Expired
Selling restaurants presents this well located national Chinese food franchise restaurant. Located directly across the street from a large high school, on a very busy intersection in Chula Vista, this restaurant generates very heavy foot traffic from the schools and lots of impulse buyers from the drive by traffic. The center is very popular with easy access and plenty of parking.
Currently averaging 22k per month this place simply needs a little extra push from an experienced operator to take it to the next level. Space is 1300 square feet. Current lease term expires August of 2013. There are two five years options available. Base rent is $3,700 with CAM of $733. Yearly rental increase is only $100, so no surprise increases as the years go by. Exclusive on Chinese/Japanese food in this center allows for a near monopoly for this type of cuisine in the surrounding area. Continue as this successful franchise or bring your own name with an Asian theme to this well established restaurant, the choice is yours.
Take the next step and get the location , name and more photos by selecting one of the orange buttons below.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
San Diego Restaurants For Sale
Lease Term:
expires August 2013 plus (two) five year options
Total Monthly Rent:
$4,433
Security Deposit:
$4,100

Operations

# of Full-Time Employees:
1
# of Part-Time Employees:
2
# of Family Employees:
2
Hours Open:
Daily 11am- 9pm
Year Established:
1995
Hood System Type 1:
Yes

Facilities

Indoor Seating:
44
# of Parking Spots:
100
Inside Sq. Ft.:
1,300

Highlights

  • Across from high school
  • High traffic center/area
  • lots of parking
  • 14 years remain available lease
  • perfect size for restauraunt
  • low cost of occupancy

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 47,122 93,973 388,448
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 12,133 23,534 110,593
2010 Persons Per Household 3.37 3.44 3.30
Median House Value $387,800 $394,717 $331,078
Income Per Household $84,299 $90,927 $63,374
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 254 985 5,534
2012 Number Of Employees 3,528 20,000 135,122
2012 Total Annual Payroll $72,412,000 $317,246,000 $2,531,267,000

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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