Turnkey Restaurant Business for Sale – Oakland Chinatown
Excellent opportunity to acquire a turnkey restaurant in the heart of Oakland Chinatown. The premises contain approximately 1,291 square feet and feature an existing Type 1 hood and commercial kitchen, providing a ready-to-go setup for a new restaurant operator.
The current monthly base rent is approximately $5,500, plus approximately $2,800 per year in property tax reimbursement. The current lease is scheduled to expire on February 29, 2028.
This is an asset sale only. No financial statements or business income records will be provided. The sale includes the existing restaurant improvements, fixtures, and equipment included in the final asset list. Any new concept and lease assignment will be subject to landlord and governmental approval.
Please do not disturb employees or approach the business directly. Contact the listing broker for additional information or to schedule a private showing.
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 25,734 | 155,399 | 339,198 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 10,429 | 65,886 | 145,046 |
| 2010 Persons Per Household | 2.26 | 2.16 | 2.18 |
| Median House Value | $341,100 | $461,150 | $560,075 |
| Income Per Household | $32,856 | $52,531 | $64,788 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 1,366 | 6,243 | 10,936 |
| 2012 Number Of Employees | 45,146 | 223,614 | 332,092 |
| 2012 Total Annual Payroll | $1,452,003,000 | $4,294,967,295 | $4,294,967,295 |
This information has been secured from sources we believe to be reliable but we make no representations, warranties, express or implied, as to the accuracy of the information. Listing broker has been given enough information to provide only a preliminary interest in the property. The materials are not to be considered fact. The information contained herein is not a substitute for thorough due diligence investigation. References to square footage, zoning, use, or age are approximate. Any renderings should be considered conceptual in nature and such renderings do not represent the current condition or what can or may be done to the property. Neither broker or landlord represent that this space is suitable for your use. Tenant or Buyer must verify the information at their own expense and bears all the risk for any inaccuracies.