Asian Restaurant For Sale - San Jose, Santa Clara County

San Jose, Santa Clara County Asian Restaurant For SaleWell 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
The listing # 244225 Asian Restaurant - San Jose, Santa Clara County below is currently OFF THE MARKET due to that it is either in escrow at this time or has recently been sold. For more businesses for sale that are like this Asian Restaurant in San Jose, Santa Clara County please see a sample of BizBen active listings below and links to all similar listings on BizBen.com.

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