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#1331
San Diego Restaurants For Sale

San Diego Restaurant For Sale: High Volume Chinese Buffet in very busy center

$199,000
San Diego Restaurant For Sale: High Volume Chinese Buffet in very busy center
This Listing is Expired
Selling Restaurants asks are you looking for an Asian restaurant that is booming? Look no further. This restaurant is on pace to do over a million dollars in gross sales this fiscal year. Place is in near new condition with a gorgeous Chinese themed decor scheme. Even the ceiling is done authentically! The food and selection offered is second to none. The buffet is outstanding and drives repeat business as customers can not get enough of the delicious offerings.
Located in an extremely busy shopping center off of one of the main streets in the South Bay Area, the traffic is non stop. Restaurant is approximately 4,100 square feet with base rent of $5,740/month plus NNN. Lease expires October 1, 2012 with two five year options available. The kitchen is professionally designed to handle mass buffet business as well as the made to order dine in and take out orders. The seating capacity is for approximately 150 customers, so when this place is filled it is simply swimming in cash. If you are ready to own a premiere Chinese food restaurant in a high traffic mall this is your chance, bring your offer and make it happen.

The orange buttons below are the next step to realizing your dream.
This is a Stone Path Brokerage Services DBA: selling restaurants San DiegoRob Tade-Broker listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
San Diego Restaurants For Sale
Lease Term:
expires October 1, 2012 plus two five year options
Total Monthly Rent:
$6,970
Security Deposit:
$20,910

Financials

Last Year's Annual Gross:
$936,000

Operations

# of Full-Time Employees:
5
# of Family Employees:
2
Hours Open:
Monday-Sunday

11am- 10pm
Year Established:
2008
Hood System Type 1:
Yes

Facilities

Indoor Seating:
150
# of Parking Spots:
100
Inside Sq. Ft.:
4,100

Highlights

  • High Volume Chinese
  • Extremly busy center and area
  • lots of parking
  • beautifully designed interior
  • large seating capacity
  • well equipped kitchen
  • designed for volume

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 83,790 160,671 430,337
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 24,622 50,685 122,635
2010 Persons Per Household 3.34 3.10 3.32
Median House Value $294,900 $318,245 $310,544
Income Per Household $48,111 $51,168 $55,272
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,296 2,762 6,676
2012 Number Of Employees 37,392 78,364 175,680
2012 Total Annual Payroll $678,900,000 $1,507,452,000 $3,038,266,000

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.

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