Selling Restaurants proudly present this well-known unique style Asian restaurant located in �AAA� retail center in East Bay area that has great sales and a loyal customer base. They are rated 4 � Stars from Contra Costa Times in 2007 after being open for only two months!
Enter this restaurant and you'll feel like your back in Asia with delicious foods fused together from Thailand, Singapore, China and Indonesia. The dining room seats up to 60 guests with 1,280 sq. ft. and a base rent of $6,900 including CAM charges. The lease will expire on 07/31/2011 + Two 5yr options.
Currently they have 7 full time employees with a monthly gross sales of about $65,000 according to the seller. The broker has not verified this amount and the buyer should not rely upon this number without proper due diligence. There is a plenty of easy access parking. The center is just 5 minutes from the major highway.
The sellers are returning to their home country and need to quickly sale. The asking price is below market value.
Don�t wait, sign the Confidentiality Agreement and call the agent for the business name and address now. Please select one of the bright orange buttons below to get the name and address of this business along with more photos.
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 Francisco East Bay Restaurants For Sale
Lease Term:
Expires on 07/31/2011 + Two 5yr options.
Total Monthly Rent:
$6,900
Security Deposit:
$12,288
Financials
Last Year's Annual Gross:
$780,000
Operations
# of Full-Time Employees:
7
Hours Open:
11am to 9:30pm every day.
Highlights
- Restaurant is located in one of the best retail centers in East Bay Area.
- This is a very popular restaurant surrounded by many other famous upscale Asian Restaurants.
- Serving unique multi-ethnic Asian food.
- Contra Costa Times honor the Best Of 2007 East Bay Dinner.
- Major shopping centers are within the area.
- Monthly gross income about $65,000, giving this a great rent factor of less than 10%.
- Seller to train new owner and provide recipes.
Financing
Will Seller Lend To Buyer:
No
Demographics
Population |
1-mi. |
3-mi. |
5-mi |
2014 Total Population |
53,395 |
86,600 |
144,208 |
Households |
1-mi. |
3-mi. |
5-mi |
2010 Number Of Households |
14,907 |
25,842 |
43,670 |
2010 Persons Per Household |
2.70 |
2.75 |
2.84 |
Median House Value |
$562,800 |
$596,144 |
$652,895 |
Income Per Household |
$114,812 |
$116,943 |
$125,411 |
Businesses |
1-mi. |
3-mi. |
5-mi |
2009 Number Of Businesses |
1,186 |
2,856 |
3,389 |
2012 Number Of Employees |
37,778 |
121,266 |
126,426 |
2012 Total Annual Payroll |
$1,077,008,000 |
$4,294,967,295 |
$4,294,967,295 |
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.