#6193
Santa Clara County

A hidden gem in Milpitas shopping center near highway 880

$100,000
Sold
A hidden gem in Milpitas shopping center near highway 880
This Listing is Sold

Vietnamese inspired restaurant for sale in Milpitas shopping center. The interior of the restaurant is simple yet elegant with hints of Asian inspired decorations. There is an outdoor seating area which is perfect for those warm summer nights. The space got that feeling of modern, airy and spacious. Plenty of parking available, shared with other restaurants nearby. There is 49 seating inside plus 24 seats on the front patio. Lease amount is $12,000 all inclusive. Gross sales since opening is roughly $141,000 year to date in 2022. Seller remodeled this restaurant by adding new plumbing, new grease trap, new motor, condenser, fryer, ice machine. Some of the equipment included are 15 feet type1 hood, walk in cooler, walk in freezer, sealing machine, 2 wok, 4 pot stock burner, 2-door under the counter refrigerator, 3-door under the counter refrigerator, small grill, 4 tea dispenser and more

This is a EXP Commercial of California, Inc listing.
Business brokering-Industrial-Retail-Leases Tommy Tran DRE License #01439113

Lease

Region:
Santa Clara County
Lease Term:
There is 4 year left plus 5 yr option
Total Monthly Rent:
$12,000

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
6
# of Working Owners:
1
Hours Open:
closed sunday
Year Established:
2022
Hood System Type 1:
Yes

Facilities

Indoor Seating:
49
Outdoor Seating:
24
# of Parking Spots:
plaza
Inside Sq. Ft.:
1,200

Highlights

  • Can convert
  • minutes to highway 880
  • clean and well maintain

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 71,405 112,997 202,754
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 19,241 30,854 53,960
2010 Persons Per Household 3.34 3.39 3.53
Median House Value $513,400 $533,951 $488,820
Income Per Household $95,437 $95,347 $83,571
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 2,080 2,445 3,330
2012 Number Of Employees 97,794 103,618 128,012
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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