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#1129
Stockton Restaurants For Sale

Turn Key Restaurant Facility Perfect for Mexican or Italian Concepts or Wedding/Special Events Facility!

$
Turn Key Restaurant Facility Perfect for Mexican or Italian Concepts or Wedding/Special Events Facility!
This Listing is Expired
This stand alone building is perfect for the restaurant concept needing large volumes and plenty of space with low rent. Or use it as a special events facility for weddings or large functions and celebrations. This corner location has approximately 11,500 SF and plenty of parking with over 300 Spaces available. Many concepts can work, particularly Mexican and Italian, as the population in the 3 mile area is over 140,000 with nearly 77% being white or Hispanic. The kitchen is large and fully loaded with plenty of equipment. It is located on a corner of a busy intersection with as many as 80,000+ vehicles driving by each day from this corner location.

Buy this building for only $2,600,000 and with 30% down, the monthly principle and interest payments are about $13,000. Or lease it for $13,000 a month plus NNN costs of about $3,500.

Much of the equipment to operate this facility is already in place including walk-in cooler, walk-in freezer, several hood systems, stoves, ovens, tables and much much more. Equipment must be purchased and is negotiable.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Stockton Restaurants For Sale
Lease Term:
5 yr term w/ 2 x 5 yr options
Total Monthly Rent:
$13,000

Operations

Hood System Type 1:
Yes

Facilities

Indoor Seating:
289
# of Parking Spots:
300
Inside Sq. Ft.:
11,500

Highlights

  • Large Restaurant for Buffet or Convert to Mexican or Italian!
  • 11,470 Sq. Ft. of Space
  • Outside Seating is Available
  • Average DailyTraffic Count of over 80,000 Cars
  • Busy Corner Location w/ High Visibility
  • Stand Alone Building - Single Story
  • Over 90,000 Homes Within 5 Mile Radius
  • Makes a great Special Function Location with Plenty of Parking and room!

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 41,086 131,187 193,987
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 11,180 41,151 62,111
2010 Persons Per Household 3.45 3.02 2.95
Median House Value $121,600 $160,471 $163,826
Income Per Household $40,182 $49,508 $48,158
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 364 1,876 2,826
2012 Number Of Employees 12,398 57,846 92,810
2012 Total Annual Payroll $259,170,000 $842,200,000 $1,650,585,000

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.

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