#5550
Chico~Yuba City

Chinese restaurant for sale in Chico shopping plaza next to laundromat

$100,000
Chinese restaurant for sale in Chico shopping plaza next to laundromat
This Listing is Expired

Owner operated Chinese restaurant for sale in Chico. If you looking for cheap Chinese foods in Chico, this restaurant is the go to place among locals and students just blocks from Downtown Chico. Locate next to Laundromat, Taco, Pho noodle restaurant, Subway, Pizza and others. Approximately 1300 square with plenty of parking. Gross income per month between $25,000-$30,000. Beer and wine license is included. Lease is only $2500. Can convert

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

Lease

Region:
Chico~Yuba City
Lease Term:
There are 2 year left + 5 year option on lease
Total Monthly Rent:
$2,500

Operations

Liquor License:
41
# of Working Owners:
3
Year Established:
2017
Hood System Type 1:
Yes

Facilities

# of Parking Spots:
shopping plaza
Inside Sq. Ft.:
1,300

Highlights

  • Can convert

Financing

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

Demographics

Population 1-mi. 5-mi
2014 Total Population 36,389 73,162
Households 1-mi. 5-mi
2010 Number Of Households 15,419 29,899
2010 Persons Per Household 2.34 2.38
Median House Value $270,100 $281,965
Income Per Household $39,216 $42,126
Businesses 1-mi. 5-mi
2009 Number Of Businesses 1,012 2,197
2012 Number Of Employees 26,244 59,120
2012 Total Annual Payroll $507,110,000 $1,017,997,000

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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