#974
San Francisco East Bay Restaurants For Sale
San Francisco East Bay Restaurants For Sale
Asian Restaurant with Liquor 47 in East Bay Area!
$149,000
This restaurant has been established for more than Ten years and is a well known staple in the local community. This 2,500 Sq. Ft. Asian restaurant is located in the retail center surrounded by numerous businesses. Besides the dinning area there is a banquet room and bar that seats a total of 120 guests. The monthly rent is only about $3,000 and that includes CAM charges with only a $70 rent increase per year. The lease expires April 2010 with 1 5 year option. There is plenty of parking in this retail center with easy ingress and egress. The owner also owns another business in Alameda County and finds himself stretched too thin between the commute and the demands of a restaurant and need to sell. His loss is your gain. Hard liquor sales is not a priority to this owner and a new owner could certainly take better advantage of the bar and hard liquor.
Take the next step and select one of the bright orange buttons below to get the name and address of the restaurant.
click for more demographic info
Take the next step and select one of the bright orange buttons below to get the name and address of the restaurant.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409
Broker of Record Rob Tade DRE License #01339409
Lease
Region:
San Francisco East Bay Restaurants For Sale
Lease Term:
Expires on 3-30-2010 Plus 5 year option
Total Monthly Rent:
$2,460
Security Deposit:
$1,500
Financials
Last Year's Annual Gross:
$330,000
Operations
Liquor License:
47
# of Full-Time Employees:
3
# of Part-Time Employees:
1
# of Family Employees:
4
Hours Open:
Mon to Fri 9am to 9pm
Sat and Sun 12pm to 9pm.
Sat and Sun 12pm to 9pm.
Year Established:
1989
Hood System Type 1:
Yes
Facilities
Indoor Seating:
120
Inside Sq. Ft.:
2,500
Highlights
- The business name has great local reputation.
- One of the few Asian restaurants with a hard liquor license.
- Lots of potential to better utilize the hard liquor license.
- The retail center is on a main street in the community.
- Restaurant has 2500sq/ft and seats up to 120 guests.
- Rent payment approximated $3000 including CAM.
- The lease expires in April 2010 and 5yr option.
- Parking lot is easy for in and out access.
- Seller doesn�t have enough hands/energy to manage two businesses geographically far apart.
- Do not miss this low rent and good opportunity to become business owner.
- Want obtain the name and address? Please sign the Confidentiality Agreement Now.
- 想知道地址和餐館名？請立刻簽署同意書(Confidentiality Agreement).
Financing
Will SBA Finance:
No
Will Seller Lend To Buyer:
No
Demographics
| Population | 3-mi. | 5-mi |
|---|---|---|
| 2014 Total Population | 61,296 | 105,821 |
| Households | 3-mi. | 5-mi |
| 2010 Number Of Households | 17,522 | 29,161 |
| 2010 Persons Per Household | 3.10 | 3.24 |
| Median House Value | $349,200 | $318,667 |
| Income Per Household | $91,343 | $89,980 |
| Businesses | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 1,022 | 1,402 |
| 2012 Number Of Employees | 25,186 | 35,902 |
| 2012 Total Annual Payroll | $707,493,000 | $959,928,000 |
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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