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#6597
Santa Clara County

High Volume Asian hot pot restaurant for sale in Milpitas plaza

$375,000
Available
High Volume Asian hot pot restaurant for sale in Milpitas plaza



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Asian hot pot restaurant for sale in Milpitas plaza. A hidden gem in Milpitas near Highway 880 and 237 and Amazon Fulfillment centers. They are Known for Sichuan styled hotpot simmering at the dining table in addition to sauce bar and most famous for their spicy oil & tomato. The place is great for groups and the place is well lit with amazing decorations. Annual sales is above $800,000 - $900,000. Approximately 2200 square feet with ample parking. Lease amount is $7000

This is a Grand Realty Group listing.
Business brokering-Industrial-Retail-Leases Tommy Tran DRE License #01439113

Lease

Region:
Santa Clara County
Total Monthly Rent:
$7,000

Financials

Last Year's Annual Gross:
$900,000

Operations

Liquor License:
41
# of Part-Time Employees:
10
# of Working Owners:
1
Year Established:
6 years
Hood System Type 1:
Yes

Facilities

# of Parking Spots:
plaza
Inside Sq. Ft.:
2,200

Highlights

  • can convert

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 71,405 112,997 202,754
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 19,241 30,854 53,960
2010 Persons Per Household 3.34 3.39 3.53
Median House Value $513,400 $533,951 $488,820
Income Per Household $95,437 $95,347 $83,571
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 2,080 2,445 3,330
2012 Number Of Employees 97,794 103,618 128,012
2012 Total Annual Payroll $4,294,967,295 $4,294,967,295 $4,294,967,295

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Disclaimer

This information has been secured from sources we believe to be reliable but we make no representations, warranties, express or implied, as to the accuracy of the information. Listing broker has been given enough information to provide only a preliminary interest in the property. The materials are not to be considered fact. The information contained herein is not a substitute for thorough due diligence investigation. References to square footage, zoning, use, or age are approximate. Any renderings should be considered conceptual in nature and such renderings do not represent the current condition or what can or may be done to the property. Neither broker or landlord represent that this space is suitable for your use. Tenant or Buyer must verify the information at their own expense and bears all the risk for any inaccuracies.


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