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.
Location: shopping center
Co tenants: other restaurants and businesses
Signage: building signage
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/rent: approximately $10,500 nnn (total)
Lease expiration: 2027
Yearly adjustment: tbd
Lease option: 1 x 5-year option
Security deposit: tbd
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
To get more information about this Asian Restaurant business for sale in
West San Jose please phone Maggy Slavova (Broker - BRE License #:01387995) at 408-829-2315 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #244225 on BizBen.com. In addition to phoning
Maggy Slavova, make sure you email Maggy Slavova above to get more info about this
Asian Restaurant, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
Related Links And Information Regarding This Posting
Cheryl is a business owner herself, Over 20 years bar/restaurant experience, and a law degree she's well-versed in real estate rules, regulations and best practices. She works tirelessly to create successful strategies and effective negotiations for those wishing to sell or purchase their business.
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