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#971
San Jose Restaurants For Sale

Well Established Vietnamese and Chinese Restaurant with Beer & Wine

$150,000
Well Established Vietnamese and Chinese Restaurant with Beer & Wine
This Listing is Expired
This bright, clean and well maintained restaurant has been operating for more then 17 years with a family style Chinese and Vietnamese menu. It established a solid reputation in the area for great food and has a good client�le following. There are over 250 recipes of Vietnamese and Chinese meals. There is a beer and wine license and a website to help promote the business. There is an established employee base not to mention an established clientele, so why start from scratch and go through the hassles of city permits, time delays, employee hiring and training, etc. when it is all here for you. This restaurant is a very clean and well decorated restaurant and located in a AAA location in high traffic shopping center just off the freeway with plenty of parking spaces. Lease expires on November 30, 2011 + 5 yr option. Monthly rent is $6,797 plus NNN/CAM of $456. Monthly gross sales $ 32000. There are 2,280 sq.ft. with seating for 105. This is an ideal opportunity for an Asian family who wants to enjoy running their own family restaurant.

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This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
San Jose Restaurants For Sale
Lease Term:
Expires November 30, 2011+ 5yr option
Total Monthly Rent:
$6,797
Security Deposit:
$6,042

Financials

Last Year's Annual Gross:
$360,000

Operations

Liquor License:
41
# of Part-Time Employees:
2
# of Family Employees:
2
Hours Open:
10:00 am - 09:00 pm
Year Established:
1990
Hood System Type 1:
Yes

Facilities

Indoor Seating:
105
Inside Sq. Ft.:
2,280

Highlights

  • Well established restaurant since 1990
  • Very clean and well decorated
  • 2280 sq.ft in AAA location in busy shopping center
  • Serves more than 250 recipies of Vietnamese and Chinese recipes
  • 105 inside seats eith beer and wine license
  • Plenty of Shopping Center Parking Spaces
  • Gross sales $30,000
  • Location is right off the freeway

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 51,814 190,867 575,274
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 13,081 52,836 164,222
2010 Persons Per Household 3.89 3.48 3.36
Median House Value $320,900 $381,054 $478,157
Income Per Household $48,805 $52,688 $73,210
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 632 4,869 11,824
2012 Number Of Employees 12,448 151,264 370,178
2012 Total Annual Payroll $318,968,000 $3,993,346,000 $4,294,967,295

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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