$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.
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
Financials
Last Year's Food Cost %:
38
Last Year's Payroll Cost %:
9
Operations
# of Part-Time Employees:
2
Hours Open:
11-2 4-8 Mon-Sat closed Sun
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 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.