Established Asian Bakery Business for Sale – Milpitas
Asking Price: $200,000
Size: Approx. 1,850 SF
Monthly Rent: Approx. $6,882 Base Rent + $2,442 NNN (Approx. $9,324/Month)
Lease: Through May 31, 2030 with One (1) Remaining 5-Year Renewal Option
Excellent opportunity to acquire a well-established Asian bakery located in a busy neighborhood shopping plaza in Milpitas. This turnkey business has built a loyal customer base and is fully equipped for bakery production and retail operations.
Business Highlights
* Approx. 1,850 SF
* Lease secured through May 31, 2030
* One (1) Remaining 5-Year Renewal Option
* Approx. $9,324 Total Monthly Rent (Base Rent + NNN)
* Type I Hood
* Working Walk-in Cooler
* Fully Equipped Bakery
* Spacious Production Area
* Excellent Visibility
* Ample Parking
* Located in a High-Traffic Neighborhood Shopping Plaza
* Turnkey Operation
* Ideal for Bakery, Café, Dessert, Beverage, or Specialty Food Concept (Subject to Landlord Approval)
Sale Terms
* Asset Sale Only
* No Financial Statements Available
* Exact location, lease documents, and additional information will be provided to qualified buyers upon execution of a Non-Disclosure Agreement (NDA).
This is a Real Broker listing.
Commercial-restaurants-warehouse-gas stations Tommy Tran DRE License #01439113
Lease
Region:
Santa Clara County
Total Monthly Rent:
$9,324
Financing
Will Seller Lend To Buyer:
No
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.