#983
San Francisco East Bay Restaurants For Sale
San Francisco East Bay Restaurants For Sale
Beautiful, Classic Asian Buffet Located in East SF Bay Area!
$900,000
This beautiful buffet restaurant located in the fifth large cities in the SF Bay Area has more than 210,000 population. The restaurant is on the corner of high traffic street surrounded by 9 bank building and medical buildings. Seller invested more than $600,000 to remodel this 10,000sq/ft facility and it shows! The menu has over 200 items that change daily keeping the customers coming back and taking advantage seasonality of food costs. There is a Sushi bar, salad bar, fruit bar, hot food bar, Steak and dessert bar. Business is operates 7 days a week from 10am to 9:30pm and Friday to Sunday open until 10pm. Restaurant has a nice reception area and a dinning room seating 300 customers. There is a beer and wine license. Patio is able seats an additional 20 guests, perfect for that summer time crowd!
Large kitchen has 2 walk-in coolers and 2 walk-in freezers primarily with new state of art equipment. There are 24 hard working full time employees ready for a new owner. Monthly rent is $25,000 until June 30, 2010 plus CAM. Then the rent increases approximately 2% each year until June 30, 2015. The lease has Two 5 year options. Seller planning moves back to East coast. Do not miss this profitable business opportunity. Only Serious buyers showing evidence of ability to purchase will be given name and location. Qualified buyer should call the agent.
TAKE THE NEXT STEP. Select the bright orange button below title "Preview More Photos." Register if you're a new client and sign the online "Confidential Agreement." Then contact the Agent directly via email, submitting your experienced Resume and financial ability to purchase.
click for more demographic info
Large kitchen has 2 walk-in coolers and 2 walk-in freezers primarily with new state of art equipment. There are 24 hard working full time employees ready for a new owner. Monthly rent is $25,000 until June 30, 2010 plus CAM. Then the rent increases approximately 2% each year until June 30, 2015. The lease has Two 5 year options. Seller planning moves back to East coast. Do not miss this profitable business opportunity. Only Serious buyers showing evidence of ability to purchase will be given name and location. Qualified buyer should call the agent.
TAKE THE NEXT STEP. Select the bright orange button below title "Preview More Photos." Register if you're a new client and sign the online "Confidential Agreement." Then contact the Agent directly via email, submitting your experienced Resume and financial ability to purchase.
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 6-30-2015+Two 5 yr option.
Total Monthly Rent:
$25,000
Security Deposit:
$25,000
Financials
Last Year's Annual Gross:
$3,200,000
Last Year's Food Cost %:
32
Last Year's Payroll Cost %:
17
Operations
Liquor License:
41
# of Full-Time Employees:
24
Hours Open:
Mon to Fri Lunch 10am to 3pm
Mon to Thur Dinner 3:30pm to 9:30pm
Fri to Sun Dinner 3pm to 10pm
Holiday 10am to 10pm
Mon to Thur Dinner 3:30pm to 9:30pm
Fri to Sun Dinner 3pm to 10pm
Holiday 10am to 10pm
Year Established:
2006
Hood System Type 1:
Yes
Facilities
Indoor Seating:
300
Outdoor Seating:
30
Inside Sq. Ft.:
10,000
Outside Sq. Ft.:
350
Highlights
- Profitable turn Key business!
- High Density Population Area of SF East Bay Area.
- Restaurant surrounded by office and medical buildings.
- Dinning room is beautiful, clean and comfortable.
- Restaurant has 10,000sq/ft plus patio.
- Plenty parking space and convenient access to parking lot.
- Lease expires on June 30, 2015 follow with Two 5 year option.
- Seller planning move back to East Coast.
- Buyers will per-qualify before given business and address from the agent.
- 請用e-mail直接聯絡經紀查詢
Financing
Will SBA Finance:
No
Will Seller Lend To Buyer:
No
Demographics
| Population | 3-mi. | 5-mi |
|---|---|---|
| 2014 Total Population | 63,705 | 229,380 |
| Households | 3-mi. | 5-mi |
| 2010 Number Of Households | 20,759 | 73,809 |
| 2010 Persons Per Household | 2.91 | 3.02 |
| Median House Value | $480,700 | $580,662 |
| Income Per Household | $85,945 | $98,429 |
| Businesses | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 2,575 | 5,886 |
| 2012 Number Of Employees | 114,700 | 205,648 |
| 2012 Total Annual Payroll | $4,079,741,000 | $4,294,967,295 |
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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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