#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

The information contained in this offering profile was provided by the Seller and is believed to be accurate. EXP Commercial of California, Inc  its agents, brokers, managers, employees have not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness whatsoever.  You are responsible for performing a thorough due diligence of the business before consummating a transaction. This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer.  Please note: (1) Sq. ft. is estimated (2) Annual Payroll is last year's and does not include any owner wages. 

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