This Chinese Restaurant for sale is located in an upper middle income area where dining out is an every day occurrence with busy white collar executives and this chinese restaurant for sale is high up on their favorite restaurant lists.
Opened in 1992 this has been a local favorite for over 20 years. Owner is ready to hand it over to the next generation, are you ready to take the reins?
This is a can't be missed location that is seconds from the freeway and in one of the busiest shopping centers in the area.
The seller states current monthly sales in the 50-55k range and consistant yearly sales for the past three years of 600k.
Current concept is Chinese food with a beer and wine license, but location would be great for a large variety of concepts. Are you looking for a location for a sports bar? hamburger joint? continue as current concept or bring your own idea to this great space.
Restaurant is approximately 3625 square feet. Current lease term expires in November of 2017. Monthly rent is $8900.
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Population | 1-mi. | 3-mi. | 5-mi |
---|---|---|---|
2014 Total Population | 31,513 | 87,856 | 307,924 |
Households | 1-mi. | 3-mi. | 5-mi |
2010 Number Of Households | 11,038 | 32,048 | 123,323 |
2010 Persons Per Household | 2.76 | 2.57 | 2.39 |
Median House Value | $519,100 | $458,901 | $400,202 |
Income Per Household | $80,463 | $77,812 | $60,527 |
Businesses | 1-mi. | 3-mi. | 5-mi |
2009 Number Of Businesses | 306 | 3,023 | 10,250 |
2012 Number Of Employees | 4,362 | 197,484 | 427,728 |
2012 Total Annual Payroll | $83,105,000 | $4,294,967,295 | $4,294,967,295 |
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