$288,888.00
Asking Price
Address: Bollinger Canyon, San Ramon, 94582.
Status: Active
Posting ID: 285182
2/15/24
Description
MS Real Estate is excited to announce the availability of a well-established Chinese restaurant in San Ramon, California. The restaurant is in a famous shopping center that houses Safeway, Peet's Coffee, Indian restaurant, Indian pizza, and other big-name companies. The restaurant has operated for over 15 years and has a loyal customer base. The current owner is looking to retire and is seeking a new owner to take over and continue the business's success.
The restaurant can be converted to any concept except for an Indian restaurant, pizza parlor, or coffee shop. It is an ideal opportunity for someone looking to start a Thai, Vietnamese, Korean, Mexican, or Mediterranean or acquire the current concept of a Chinese restaurant and start making profits from day one.
Interested parties are required to sign an NDA for more information. This rare opportunity will only last for a while, so contact us today if you are interested in owning this golden opportunity.
• Square Foot: 2,700 | Shopping Center parking
• Rent: $13,000 Plus Triple net around $4000 per month.
• Lease: New lease. (Landlord Approval Required)
• Employees: 3 Full-Time
• Seats: 89
• Licenses & Permits: Health permit & Beer & Wine transferable.
• Equipment: 2-12 feet Type-1 hoods | Walk-in Cooler & freezer.
• Revenue: 2022 & 2023: $960K | Net: $250K Seller claims, the broker still needs to verify.
All information contained in this offering memorandum resulted from representations by the Seller. Manjit Singh Broker cannot and will not verify the accuracy or completeness of any report. 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 - Well Established, Convertible business for sale in San Ramon please phone Manjit Singh, Business Broker (Intermediary, Agent - BRE License #:01291808) at 510-417-9429 Cell and 209-627-0075 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #285182 on BizBen.com. In addition to phoning Manjit Singh, Business Broker, make sure you email Manjit Singh, Business Broker above to get more info about this Chinese Restaurant - Well Established, Convertible, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01291808. Manjit Singh | Broker | 01291808 |.
Contact
Details
Asking Price: $288,888.00
Down: $288,888.00
Cash Flow: $250,000.00
Revenue: $960,000.00
Area: San Ramon
City: San Ramon
Attributes:
My Notes About This Listing
Cash flow
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