Prime Restaurant Location, Asset Sale, Can Convert

South San Francisco, CA (San Mateo County)

Prime Restaurant Location, Asset Sale, Can Convert
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Asking Price: $75,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $10,288 /Month

Established: N/A

Prime Restaurant Location, Asset Sale, Can Convert

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Business Description

Description:
This restaurant occupies prime Grand Ave location. Under current ownership as Chinese restaurant since 2001. This location is within 1 mile from hwy-101 and within 4 miles from SFO international airport. Approximately 2000 sq. ft. space equipped with 18 feet Type-1 hood and seating for 100. Buyer could operate as Chinese restaurant or convert to different cuisine.
Equipment Include: 18 feet Type-1 hood, 5 Wok Stations, 4 Burner Stove with oven & Hot plate, Main Counter, Cash Register, Freezer and multiple Refrigeration units and Much More. A full list of equipment is available with the Listing Broker.

General Information:
Organization: Corporation | Square Footage: ~2000 Sq. Ft. | Licenses Required: City Bus Lic, Health Permit, SBOE, ABC Type-41 Liquor Lic. (Included & Transferable) | Days Open/Hours: Wednesday - Monday 10:30 am to 2 pm, 3pm – 5:30pm | Reason for Sale: Other Business Interests

Lease:
Rent: $10,288/Month
Lease: 5 year lease plus 5 year option possible for eligible buyer.

Revenue:
Gross Sales: Not applicable. Asset Sale

Financing: All Cash

Broker Disclaimer: Mission Peak Brokers, Inc. We obtain the information in this marketing package from sources we believe to be reliable. However we have not verified its accuracy and make no guarantee, warranty and representation about it. It is submitted to the possibility of errors, omissions, change of price, rental or other conditions, prior to sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may bit represent current or future performance of the business & Property. You and your tax or legal advisers should conduct your own investigation of business property and transaction.

Detailed Information

Location:
South San Francisco, CA
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
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Contact the Seller

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HARRY SIDHU

Business Listed By:
HARRY SIDHU

MISSION PEAK BROKERS INC.

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

Listing Statistics

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