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For Sale: Chinese Restaurant - Downtown Area - Alameda


Current Status: Active     Posting #: 259679     Last Refreshed: 5/12/20    
Contact: Harry Sidhu, CBB At 510-490-9705  -  Also Email This Contact Below
Price:  $199,000     Down:  $30%     Adjusted Net:  $102,000     Revenue:  Call    
Business Address:  None Given     City:  Alameda     Zip:  94501    
Attributes:  Training & Support     Cooperation With Brokers?  Call
Alameda Chinese Restaurant - Downtown Area Business For Sale

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  Description About This Posting: Chinese Restaurant - Downtown Area
Description:
Chinese Restaurant is located on Park Street in downtown Alameda. This is one of the busiest streets that brings in a large amount of foot traffic to the restaurant. Park Street is known for its busy & vibrant environment. Most of the popular Bars & Restaurants are in close proximity to this location.

Equipment:
Procore Refrigerator, Procore Sandwich Refrigerator, Ascend Refrigerator, Freezer, 11-Foot Hood, 4 Range Oven, Fryer, Waitress Station, Cold Tech Reach, Fish Tank, Cash Register/ Scanner, Freezer, Meat Grinder, Meat Cutter, Prep Table 2 Sink, Prep Sink and Much More. A full list of equipment is available with the Listing Broker.

General Information
Organization: LLC | Square Footage: 1250 sq. ft. | Licenses Required: City Bus Lic, Health Permit, SBOE, ABC Type-41 Beer & Wine Lic (Included & Transferable) | Seating Capacity: 50
Hours: Wednesday Monday 11:30 am - 9:30 pm. Closed on Tuesday|
Reason for Sale: Other Business Interests

Lease:
Rent: $5200/month (Including NNN)
Lease: 5-Year Option Remaining on Sellers Lease. Additional 5 Yr Option possible Subject to Negotiations w/ Landlord

Revenue:
Gross Sales: $55,000/Month (As Per seller, Not Verified by Broker)

Financing:
All Cash| SBA Doable

Broker Disclaimer: All Information contained in this document resulted from representations by Seller. Agents can not and will not verify the accuracy or completeness of any information. Sellers and Purchasers must verify any such information themselves and should engage legal and financial advisors to assist with the process.

To get more information about this Chinese Restaurant - Downtown Area business for sale in Alameda please phone Harry Sidhu, CBB (Intermediary, ProBuySell Member, Broker - BRE License #:01433114) at 510-490-9705 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #259679 on BizBen.com. In addition to phoning Harry Sidhu, CBB, make sure you email Harry Sidhu, CBB above to get more info about this Chinese Restaurant - Downtown Area, to ask any questions or request an appointment to see this business for sale. Thank you.

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