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#7048
Alameda County

Turnkey Restaurant Business for Sale – Oakland Chinatown

$110,000
Available
Turnkey Restaurant Business for Sale – Oakland Chinatown



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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.

 
 
This is a Real Broker listing.
Commercial-restaurants-warehouse-gas stations Tommy Tran DRE License #01439113

Lease

Region:
Alameda County
Total Monthly Rent:
5500 + property tax

Operations

Hood System Type 1:
Yes

Facilities

Inside Sq. Ft.:
1,291

Financing

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

Demographics

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

click for more demographic info

Disclaimer

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.


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