#6034
Monterey County

Authentic Vietnamese restaurant for sale in Salinas near Walmart, MOD

$250,000
Available
Authentic Vietnamese restaurant for sale in Salinas near Walmart, MOD



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Authentic Vietnamese restaurant for sale in Salinas near Walmart, MOD pizza, Jack in the BOX and other retail establishments. The restaurant was built 3 years ago and converted into a restaurant with a high ceiling and ADA restroom. Operated by husband and wife duo 

This shopping center brings in lots of traffic because of WALMART and other restaurants nearby. Approximately 1600+ sq ft with less than 49 seating capacity. Lease amount is $5600 all inclusive. Averaging between $30,000-$40,000 credit cards only and roughly $20,000 of cash is separate. Some of the equipment included are 16 feet type 1 hood, flat grill + 6 burner stove, 3-door refrigerator, 3 door freezer, ice machine, AC system, water heater and more

 

We obtain the information in this marketing package from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty, and representation about it. It is submitted to the possibility of errors, omissions, change of price, rental or other conditions, before the sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions, or estimates, for example only, and they may or may not represent current or future performance of the business & Property. You and your tax or legal advisors should conduct your investigation of business and transaction. 

 

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

Lease

Region:
Monterey County
Lease Term:
There is 7 years left with 5 years option on lease
Total Monthly Rent:
$5,600

Operations

# of Full-Time Employees:
2
# of Working Owners:
2
Hours Open:
Closed Sunday/ open from 10:30-8:30pm
Year Established:
2018
Hood System Type 1:
Yes

Facilities

# of Parking Spots:
shopping center
Inside Sq. Ft.:
1600+

Highlights

  • Can convert
  • got lots growth potential
  • lots of parking

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 3-mi. 5-mi
2014 Total Population 60,920 147,754
Households 3-mi. 5-mi
2010 Number Of Households 16,763 36,417
2010 Persons Per Household 3.46 3.86
Median House Value $254,400 $256,410
Income Per Household $56,358 $53,632
Businesses 3-mi. 5-mi
2009 Number Of Businesses 598 1,379
2012 Number Of Employees 16,518 33,536
2012 Total Annual Payroll $267,019,000 $546,156,000

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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