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For Sale: Chinese Restaurant - Long Established, Renovated - Scotts Valley, Santa Cruz Area

NDA   |  

Current Status: Active     Posting #: 267510     Last Refreshed: 6/18/21    
Contact: Paul Burrowes - Agent At 831-295-5130 Cell , 831-295-5130 Text  -  Also Email This Contact Below
Asking Price:  $249,000     Down Payment:  Call / Email     Annual SDC:  $180,000     Annual Gross:  $650,000    
Business Address:  None Given     City:  Scotts Valley     Zip:  None Given    
Attributes:  Broker-Broker Coop, Training & Support
A well-established newly renovated restaurant in an excellent location, just 25 miles from Silicon Valley and 6 miles to Santa Cruz beaches. The restaurant has been in business for over 35 years, since 1986, with good, generous and loyal customer base. It is situated in Graham Plaza, a shopping plaza with high visibility.

There is a nice outside courtyard for outdoor dining. Efficient kitchen area with lots of storage space.

Great opportunity for somebody who is eager to work and continue to build on a successful business. The restaurant has remained strong doing a very good take-out business during the pandemic, and partly due to the outdoor dining area.

Inventory:

- Tables
- Booths
- Chairs
- Counter
- Large screen displays
- Walk-in cooler
- Freezers
- Refrigerators
- Prep tables
- Wok range
- Stove
- B.B.Q. oven
- Icemaker
- Dishwasher
- Sinks

Included in Sale:

* ABC License type 41
* Business name * Client List * Kitchen Equipment and Appliances. * Strong sales (lunch & dinner) * Strong 'To Go' Sales * Banquet tables, chairs, glasses, dishware, flatware, and more* Owner will train and consult

Asking Price: $298,000
Gross Revenue: $750K
Real Estate: Leased
Rent: $5139 per Month
Building SF: 1960 sf
Dining Area: 1065 sf
Capacity: 80 people
Lease Expiration: January 2024 +5 years extension
Employees: 7
Established: 1986
Reason for Selling: The business owner has retired; nephew is running business.

Potential buyer to sign Non-Disclosure Agreement (NDA) to receive financial package.

QUALITY OF LIFE - Scotts Valley
Scotts Valley covers 4.6 square miles
Elevation is 527 feet at Scotts Valley
Incorporated: 1966
Population 11,903
Number of Jobs: 4,966
Number of Employers: 706
Located 25 miles from Silicon Valley and 6 miles to Santa Cruz beaches.
Median household income is 63% higher than California.
High school graduation is 19% higher than California. Scotts Valley has Award Winning Public Schools
Median home value is 60% higher than California.
Average summer temperature is 61.
Scotts Valley, CA is 74% safer than other cities of California.
Top 14 city in California!

To get more information about this Chinese Restaurant - Long Established, Renovated business for sale in Scotts Valley, Santa Cruz Area please phone Paul Burrowes - Agent - BRE License #:01955563 at 831-295-5130 Cell and 831-295-5130 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #267510 on BizBen.com. In addition to phoning Paul Burrowes - Agent, make sure you email Paul Burrowes - Agent above to get more info about this Chinese Restaurant - Long Established, Renovated, to ask any questions or request an appointment to see this business for sale. Thank you.

Scotts Valley, Santa Cruz Area Chinese Restaurant - Long Established, Renovated Business For Sale Chinese Restaurant - Long Established, Renovated Company For Sale Scotts Valley, Santa Cruz Area Chinese Restaurant - Long Established, Renovated Companies For Sale Buy, Sell A Chinese Restaurant - Long Established, Renovated Business Selling A Scotts Valley, Santa Cruz Area Chinese Restaurant - Long Established, Renovated Chinese Restaurant - Long Established, Renovated Business Opportunity

Email Paul Burrowes - Agent Below About This Posting




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For Best Results & Response, Email & Phone This Contact: Paul Burrowes - Agent at 831-295-5130 Cell and 831-295-5130 Text.
June 2021 BizBen Trends & Predictions Report
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Featured Fast Track Postings: Motivated Owner/Sellers & Business Buyers

For Sale: Restaurant And Bar - In The Redwoods In San Lorenzo Valley, California
Contact: Roger : 831-226-2322
Status: Active  Posting #: 261821  Refreshed: 6/23/2021
Asking Price: Call / Email  Down Payment: Call  Annual SDC: $156,000 (Projected)  Annual Gross: $910,000 (Projected)
Attributes: Broker-Broker Coop, For Sale By Owner, Semi Absentee Run, Training And Support, Owner Financing
Fast Track Posting A well established Restaurant and Bar located on a major artery in the San Lorenzo Valley, Santa Cruz County. Includes 2 comfortable dining rooms, an active, intimate bar and cocktail lounge attached to a sunny garden patio. A favorite destination of local diners, tourists, travelers and campers. Financing available for qualified Buyer Gross Revenue for 2018: $722,741 SDE for 2018 $138,519 Gross Revenue for 2019 $824,000 SDE for 2019 $115,507 Projected: Gross Revenue for 2020 $910,000 SDE for 2020 $156,000. Projected Gross Revenue for 2021: $1,000,000 plus. Estimated SDE for 2021 $181,000
Save  | 
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For Sale: Thai Restaurant- High Net Income, Long Established In Dublin, Alameda County, California
Contact: Jeff Back: 925-736-8200
Status: Active  Posting #: 268387  Refreshed: 6/22/2021
Asking Price: $259,000  Down Payment: Call / Email  Annual SDC: $222,105  Annual Gross: $929,411
Attributes: Broker-Broker Coop, Training And Support
Fast Track Posting This Thai restaurant has been established for 20 + years with same owner who is retiring. Excellent location with history of high net income. The financial profile shows a history of profits. Huge takeout business and a very loyal customer base. Sales are back to 2019 levels due to opening up. 2019 Sales $929,411. 2019 Net Income $222,105. 2020 Sales Jan $80,008. 2020 Sales Feb $71,898 (then COVID hit). 2021 Sales May $78,375 (recovered to 2019). 2021 Sales through $349,188 (up 17% over 2020) May.
Save  | 
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For Sale: Full Service Thai Concept Restaurant - Great Area In Daly City, San Mateo County, California
Contact: Steve Zimmerman: 888-995-9701
Status: Active  Posting #: 268492  Refreshed: 6/20/2021
Asking Price: $200,000   Down Payment: Call / Email  Annual SDC: Call / Email  Annual Gross: $700,000
Attributes: Broker-Broker Coop, Owner Financing
Fast Track Posting This amazing mall and neighborhood location has great visibility and very high traffic throughout. This restaurant is located in a cute strip mall, that is in the heart of the West Lake in Daly City. Immediately located across the street from the South Gate Mall area
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