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#5969
San Francisco East Bay

Large restaurant with full kitchen for sale in Newark

$250,000
Large restaurant with full kitchen for sale in Newark
This Listing is Expired

Great opportunity at a large restaurant space with an enormous well-equipped commercial kitchen for a very reasonable rent. The space can accommodate two physical restaurant concepts at the same time which was what the current owner did. The size of the kitchen will make any restaurateur jealous. Can maximize the kitchen space with additional ghost kitchen concepts, or use it as a central kitchen to handle catering. Seats about 49. ADA bathroom plus office. Lots of street parking and also parking lot. Centrally located in Newark. Lease + NNN about $8300. Asset sale.

Some of the equipment included are: 24 feet type 1 hood, 11 feet type 1 hood, huge walk-in cooler and huge walk-in freezer, 5 woks, 2 deep fryers, prep tables, 2x 3-compartment sinks, prep sink, hand sink and more!

We obtain the information in this marketing package from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty, and representation about it. It is submitted to the possibility of errors, omissions, change of price, rental or other conditions, before the sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions, or estimates, for example only, and they may or may not represent current or future performance of the business & Property. You and your tax or legal advisors should conduct your investigation of business and transaction.

This is a EXP Commercial of California, Inc listing.
Business brokering-Industrial-Retail-Leases Tommy Tran DRE License #01439113

Lease

Region:
San Francisco East Bay
Lease Term:
There is 2 year left plus 5 yr option
Total Monthly Rent:
$8,300

Operations

# of Part-Time Employees:
15
# of Working Owners:
1
Hours Open:
open everyday from 12pm-10pm
Year Established:
2019
Hood System Type 1:
Yes

Facilities

Indoor Seating:
49
# of Parking Spots:
parking lot and streets parking
Inside Sq. Ft.:
2,700

Highlights

  • Can convert
  • Large prep area in back
  • name, menu and recipe is not included
  • Full kitchen with long 24 feet type 1 hood
  • and 11 feet type 1 hood

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 43,559 78,844 213,039
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 12,972 23,727 68,354
2010 Persons Per Household 3.27 3.22 3.00
Median House Value $433,100 $500,730 $511,362
Income Per Household $85,847 $97,370 $90,280
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,039 1,403 4,879
2012 Number Of Employees 36,748 49,956 177,332
2012 Total Annual Payroll $1,070,967,000 $1,725,559,000 $4,294,967,295

click for more demographic info

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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