#5669
San Mateo County

Best Hot Pot restaurant in Daly City off Gellert Blvd

$110,000
In Contract
Best Hot Pot restaurant in Daly City off Gellert Blvd



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This place is open during the Shelter in Place for take out only. Really good hot pot place, the best tastiest broth compared to other hot pot restaurants in the area. They offer a variety of cuts of meat & seafood. Approximately 1500 sq ft with high ceiling and 49 eating capacity. Monthly gross income before the COVID-19 outbreak is $65,000 -$71,000. Lease is $4800 all inclusive which cover water, garbage and CAM Charges. ADA restroom plus beer and wine license. Cannot do Japanese, Filipino, bakery, dessert and Burmese food on the shopping plaza. Some of the equipment included are 12 feet type 1 hood, one door freezer (2), meat slicer (3), 2-door refrigerator, beer tap, deep fryer, grease trap, 13 tables with induction stove top, 2-door under the counter prep table and more

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

Lease

Region:
San Mateo County
Lease Term:
Landlord will provide new lease
Total Monthly Rent:
$4,800

Operations

Liquor License:
41
# of Full-Time Employees:
3
# of Part-Time Employees:
12
# of Working Owners:
2
Hours Open:
open from 5pm-10pm Sun-Thursday
Fri-Sat 5-11pm
Sat-Sun open for lunch 11:30-2:30p,
Closed Monday
Year Established:
2015
Hood System Type 1:
Yes

Facilities

Indoor Seating:
49
# of Parking Spots:
plaza
Inside Sq. Ft.:
1500

Highlights

  • Can convert
  • Clean kitchen
  • High Ceiling

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 61,570 108,286 464,559
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 19,778 33,315 151,060
2010 Persons Per Household 3.05 3.22 3.05
Median House Value $569,500 $549,021 $622,423
Income Per Household $76,978 $74,849 $78,906
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 846 1,418 7,970
2012 Number Of Employees 24,614 41,702 241,070
2012 Total Annual Payroll $508,935,000 $982,707,000 $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. RestaurantForSales.com and The Real Estate Discount Concept 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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