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#914
San Jose Restaurants For Sale

Great opportunity for Motivated Franchise in Daly City

$95,000
Great opportunity for Motivated Franchise in Daly City
This Listing is Expired

Quality Franchise operation offering the opportunity to own your own business, backed by a great Franchise concept. Situated in the South bay area, this very clean, nicely appointed 1440 sq ft restaurant has a large airy feel within a large Mall of similar ethnic varieties and supermarket.
Easy to operate and reinforced with corporate franchise marketing. Opposite a large 24hr Bowling alley, this restaurant has consistent business.
Very high quality fit out and decoration, with complete stainless steel kitchen with Type 2 hood and full Ansel system. High margins and ease of operation make this a must see, especially for the fact that presently the owners are absentee.
"Take out" is also a popular part of this business, the restaurant accommodates 30 seats inside.
The base rent is $3,396 per month including CAMS and the lease has 2 yrs to run with a further 5 yr option.

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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 Jose Restaurants For Sale
Lease Term:
Expires May 2009 + 5 yr option
Total Monthly Rent:
$3,166
Security Deposit:
$5,760

Financials

Last Year's Food Cost %:
16

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
7
Hours Open:
Sunday-Thursday 12pm-10pm
Friday and Saturday 12pm-12am
Year Established:
2003
Hood System Type 1:
Yes

Facilities

Indoor Seating:
30
# of Parking Spots:
100
Inside Sq. Ft.:
1,440

Highlights

  • Priced to sell
  • Fabulous Franchise opportunity in South Bay Area
  • Ease of operation
  • High Margins, High Profitability
  • Beautifully Decorated
  • Stainless Steel Kitchen
  • As new throughout
  • Modern Kitchen and Servery Counter
  • Great Location in Mall
  • Turn Key Franchise, Zero further investment
  • Bright and Clean
  • Superb Franchise and back up

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 61,570 108,286 464,559
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 19,778 33,315 151,060
2010 Persons Per Household 3.05 3.22 3.05
Median House Value $569,500 $549,021 $622,423
Income Per Household $76,978 $74,849 $78,906
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 846 1,418 7,970
2012 Number Of Employees 24,614 41,702 241,070
2012 Total Annual Payroll $508,935,000 $982,707,000 $4,294,967,295

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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