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#5279
Stockton Merced Modesto

Favorable Cuisine in Stockton With Low Rent

$99,000
Available

Sign NDA Click Here

Established Asian Style Restaurant in the desirable location of San Joaquin County.

Busy area in Stockton!

Customer base has been increasing since opening  Nov 2016. 

Well liked and Great YELP reviews!

This restaurant has positive cash flow and buyer can keep the name and recipes of the restaurant or convert to another concept.

Large Dining area is very nice and comfortable.

Go See This Restaurant By Clicking Here. 

Owner operator/family would do well here.

Lots of offices surrounding for lunch and Plaza with Theaters for Dinner.

Kitchen is good size setup efficiently and has ample prep space. Includes...stove, BBQ, fryer, reach in freezer and coolers and more.

Reasonable Rent:$3,386 for 2,036 sqft.

2018 Sales Annualized $239,428

Seller is retiring will consider a partial seller note!

This is a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Scott Beaton DRE License #01853968

Lease

Region:
Stockton Merced Modesto
Lease Term:
Expires November 2019 plus 2 -3 year options
Total Monthly Rent:
$3,386

Financials

Last Year's Annual Gross:
$211,707
Last Year's Food Cost %:
37
Last Year's Payroll Cost %:
7
Last Year's Rent %:
19

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
3
# of Working Owners:
2
Hours Open:
11a-9p 7 days
Year Established:
2006
Hood System Type 1:
Yes

Facilities

Indoor Seating:
90
Inside Sq. Ft.:
2,036

Highlights

  • Busy Main street
  • Good Reviews
  • Large open Dining area
  • Near the water
  • Opportunity knocks...make your offer!
  • Perfect for Family Owner Operator

Financing

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

Demographics

Population 5-mi
2014 Total Population 0
Households 5-mi
2010 Number Of Households 0
2010 Persons Per Household
Median House Value $0
Income Per Household $0
Businesses 5-mi
2009 Number Of Businesses 0
2012 Number Of Employees 0
2012 Total Annual Payroll $0

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("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 addition to seeking professional advice from an attorney as well as a CPA.  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 (if included in the sale), 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. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the 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 and User should often review the listing on the website to keep up to date.

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