Profitable Asian restaurant

San Jose, CA (Santa Clara County)

Profitable Asian restaurant
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Asking Price: $450,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Profitable Asian restaurant

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Business Description

PROPERTY PROFILE

Well established, popular Asian restaurant in a busy shopping center in West San Jose. It has a seating capacity of 72 people, 2,500 sq.st. total space. Fully equipped kitchen with double hood, 6-burner stove, deep fryer, three Chinese woks, grill, refrigerators, ice maker, freezers, preparation tables, plenty of storage, system of required sinks, ADA bathrooms. Reasonable 10-year lease with a 5-year option. Ample parking. The restaurant is open 7 days a week. It has a liquor license type 41. Can be converted into other cuisine (restrictions may apply). NDA is required.

GENERAL INFORMATION
Location: Shopping Center
Co Tenants: Other restaurants and businesses
Signage: Building Signage
Ownership: Inc.
Seating: 72 Seats
Size: 2,500 square feet
Parking: Shopping center parking
License(s): Business, BOE, ABC 41
Open: Open 7 days a week.
Reason For Sale: Other interests

LEASE INFORMATION
Lease/Rent: Approximately $10,500 NNN (total)
Lease Expiration: 2027
Yearly Adjustment: TBD
Lease Option: 1 x 5-year option
Security Deposit: TBD

FINANCIAL INFORMATION
Revenue: Approx. $1,020,000 per year.
Cash Flow: Approx. $300,000 per year.
Equipment/ Inventory: Equipment List
Payroll: 10 employees, including owners
Franchise Royalties: N/A
Expenses: Rent, Utilities, Insurance, Maintenance
New Terms: All Cash

Attached Documents


Detailed Information

Location:
San Jose, CA
Business Website:
http://goldentrustrealty.com/COMMERCIAL-LISTINGS/LISTING_BIZ1808/C1808.html
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Maggy Slavova, Restaurant Broker

Business Listed By:
Maggy Slavova

Golden Trust Realty

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