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#1299
San Bernardino Restaurants For Sale

Sun City Asian Restaurant For Sale

$70,000
Sun City Asian Restaurant For Sale
This Listing is Expired
$15,000 PRICE REDUCTION!! Original Price $85,000! Chinese food at present, could be Sushi, Thai (currently there is none in the area), Mexican, or bring in your own concept! This restaurant has 2400 sq ft., with a rent of $3528 including cam and is located next to a national chain drug store on a major street, with plenty of foot and auto traffic to draw from.
The restaurant has been at this location over 12 years, current owner over four years. This has a full hood system with woks, grills, burners and fryers. In addition to the regular menu items being offered, a popular buffet style lunch and dinner is also served, along with wine and beer. Additonal customers, sales and profit could be generated with some creative marketing; perhaps offering a delivery service (like Pizza delivery) a wonderful convience to nearby residential and business customers; expand your hours (now closed on Sundays); expand the take out business; offer volume family packs and drop off catering as well.
Serious health issues have forced the owner to sell this business, and is highly motivated, so Make An Offer!
Don't miss this opportunity, take the next step and click on the orange button below, register at no cost, for more pictures and details. In addition, you will receive all new listings or price reductions first, before they are released to the general public.

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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 Bernardino Restaurants For Sale
Lease Term:
expires May 31, 2009 + 5 + 5 year options
Total Monthly Rent:
$3,120
Security Deposit:
$3,528

Financials

Last Year's Food Cost %:
38
Last Year's Payroll Cost %:
9
Last Year's Rent %:
26

Operations

Liquor License:
41
# of Part-Time Employees:
2
# of Family Employees:
2
Hours Open:
11-2 4-8 Mon-Sat closed Sun
Year Established:
1987
Hood System Type 1:
Yes

Facilities

Indoor Seating:
76
Inside Sq. Ft.:
2,400

Highlights

  • Great Price For Chinese Restaurant
  • Excellent Location
  • Next To Major Chain Store
  • Plenty of Foot and Auto Traffic
  • Beer and Wine License
  • Could Easily Change to Sushi Bar/Restaurant
  • 2400 sq ft.
  • base rent $3120
  • cam $408.00

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 21,289 42,540 105,936
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 9,623 15,047 34,002
2010 Persons Per Household 2.05 2.49 2.87
Median House Value $139,100 $159,575 $209,741
Income Per Household $35,935 $45,252 $60,612
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 238 366 931
2012 Number Of Employees 5,274 8,514 18,612
2012 Total Annual Payroll $64,913,000 $137,706,000 $271,634,000

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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