#5798
San Mateo County

30 year Established Chinese restaurant in South San Francisco

$138,000
Sold
30 year Established Chinese restaurant in South San Francisco
This Listing is Sold

This Chinese restaurant has been a cornerstone in the South San Francisco community and has been recognized for its outstanding Chinese cuisine, excellent service and friendly staff. Approximately 1200 sq ft with 50 legal seating. Gross income a month pre-covid is $40,000- $50,000. Can convert into another concepts. Lease amount is $2750.00 with long term lease. Beer and wine license is included

This is a The Real Estate Discount Concept listing.
Commercial Realtor Tommy Tran DRE License #01439113

Lease

Region:
San Mateo County
Lease Term:
There is 5 year left plus 5 yr option
Total Monthly Rent:
$2,750

Operations

Liquor License:
41
# of Full-Time Employees:
3
# of Part-Time Employees:
2
# of Working Owners:
1
Hours Open:
open everyday 11-9pm
Year Established:
30 years
Hood System Type 1:
Yes

Facilities

Indoor Seating:
50
# of Parking Spots:
street parking
Inside Sq. Ft.:
1,200

Highlights

  • Can convert
  • super low rent

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 64,621 160,621 397,661
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 21,061 51,125 126,106
2010 Persons Per Household 3.01 3.04 3.12
Median House Value $586,400 $572,479 $600,104
Income Per Household $77,058 $76,235 $76,603
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 2,090 3,900 7,054
2012 Number Of Employees 106,884 162,010 239,852
2012 Total Annual Payroll $4,294,967,295 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

This information has been secured from sources we believe to be reliable but we make no representations, warranties, express or implied, as to the accuracy of the information. Listing broker has been given enough information to provide only a preliminary interest in the property. The materials are not to be considered fact. The information contained herein is not a substitute for thorough due diligence investigation. References to square footage, zoning, use, or age are approximate. Any renderings should be considered conceptual in nature and such renderings do not represent the current condition or what can or may be done to the property. Neither broker or landlord represent that this space is suitable for your use. Tenant or Buyer must verify the information at their own expense and bears all the risk for any inaccuracies.

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