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#595
San Bernardino Restaurant For Sale

Full Service and Upper Class Chinese with a full liquor license

$295,000
Sold
Full Service and Upper Class Chinese with a full liquor license
This Listing is Sold
If you've been searching for a turn-key Chinese restaurant location, high in design, this is a great opportunity. This sale is made available by the current owners moving back to Florida. Define your menu and you'll be up and running months ahead of building new. The strip center is anchored with national brands, as well as boutique restaurants and retailers.
This location has current avg. monthly gross sales of $35K to $40K in a 3,565 sf space. Main Street has high traffic counts and is one of the busiest thoroughfares in Corona. This is a recently remodeled strip center and is central with surrounding dense population (127K in 3 miles, 240K in 5 miles, and a daytime pop of 56K in 3 miles) and average household incomes of $59K in 3 miles and $66K in 5 miles will provide a great platform for your business. The best features of this location are the quality construction and the furniture and fixtures; rosewood with pearl inlay furniture and paneling installed throughout. Everything is authentic, imported from Asia for this project. The key employees are in place and could be there to help jump start your new business. Take the next step and complete the online confidentiality agreement and you�ll be provided with the location address. Also you will be given priority notification to new listings in the future, prior to the general public, giving you the best chance to "scoop in" the best opportunities.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker Rob Tade DRE License #01339409

Lease

Region:
San Bernardino Restaurant For Sale
Lease Term:
4 yrs Remaining + 10 yr Option
Total Monthly Rent:
$4,900

Financials

Last Year's Annual Gross:
$450,000

Operations

Liquor License:
47
# of Full-Time Employees:
4
# of Part-Time Employees:
4
# of Family Employees:
2
Hours Open:
Open Daily 11:30 - 9PM
Year Established:
1991
Hood System Type 1:
Yes

Facilities

Indoor Seating:
125
Inside Sq. Ft.:
3565

Highlights

  • Full Service Chinese with great food!
  • High in design, and is a great opportunity.
  • Current owners moving back to Florida
  • Avg. monthly gross sales of $35K to $40K
  • $4,900 base rent for a 3,565 sf space
  • Population = 127K 3 miles, 240K 5 miles, daytime pop 56K 3 miles
  • Rosewood with pearl inlay furniture and paneling installed throughout
  • Type 47 Hard Liquor License
  • Major Anchor Tenants in shopping center
  • Staff ready for New Owner
  • Bar Area

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 1-mi. 5-mi
2014 Total Population 70,738 102,464
Households 1-mi. 5-mi
2010 Number Of Households 15,528 22,925
2010 Persons Per Household 3.78 3.61
Median House Value $376,500 $379,448
Income Per Household $100,452 $95,945
Businesses 1-mi. 5-mi
2009 Number Of Businesses 1,052 1,847
2012 Number Of Employees 39,314 60,562
2012 Total Annual Payroll $1,094,550,000 $1,498,563,000

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, 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. DRE License # 01339409.

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