#5510
San Francisco East Bay

Established Chinese restaurant on busy street of Oakland Chinatown

$168,000
Available
 Established Chinese restaurant on busy street of Oakland Chinatown



ADD TO FAVORITE

20 + years established Chinese restaurant locate on a very busy street in Oakland Chinatown. They are known with their signature won ton soup and Roast BBQ duck. Gross income a year is $700,000+. Lease is $4500. Some of the equipment included are 12 feet type 1 hood, walk in cooler, walk in freezer, grease trap, 3 wok stove, 4 burner stove, 2 BBQ oven and much more!! Can convert

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

Lease

Region:
San Francisco East Bay
Lease Term:
There is 4 years left on lease
Total Monthly Rent:
$4,500

Operations

# of Full-Time Employees:
5
# of Working Owners:
1
Hours Open:
Open everyday from 8am - 7pm
Year Established:
1999
Hood System Type 1:
Yes

Facilities

Indoor Seating:
49
# of Parking Spots:
street parking
Inside Sq. Ft.:
1,200

Highlights

  • Established Chinese restaurant on busy street of Oakland Chinatown

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 25,734 155,399 339,198
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 10,429 65,886 145,046
2010 Persons Per Household 2.26 2.16 2.18
Median House Value $341,100 $461,150 $560,075
Income Per Household $32,856 $52,531 $64,788
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,366 6,243 10,936
2012 Number Of Employees 45,146 223,614 332,092
2012 Total Annual Payroll $1,452,003,000 $4,294,967,295 $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. 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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