#5857
Marin County

Great western Chinese restaurant with fantastic Yelp reviews

$50,000
Available
Great western Chinese restaurant with fantastic Yelp reviews



ADD TO FAVORITE

30 year established Chinese restaurant for sale in Novato shopping center near IHOP, Panera, Target and Costco. Good quality western chinese foods with lots of good Yelp reviews. Clean and spacious dining area with 105 seating and a big kitchen. The kitchen come with 2 hood with each at least 10 feet size, large prep table, walk in cooler, walk in freezer, 2 deep fryer, grease trap, WOK, 4 burner stove, ice machine, Hobart mixer, and much more. Seller is retiring. Was doing $95,000-$110,000 a month before the pandemic. Lease amount is $14,276.93 all inclusive. Approximately 2900 sq ft with ADA restroom and beer and wine license

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

Lease

Region:
Marin County
Lease Term:
There is 1 year left on lease
Total Monthly Rent:
$14,277

Operations

Liquor License:
41
# of Full-Time Employees:
10
# of Working Owners:
1
Hours Open:
Open 5 days a week during pandemic
Year Established:
30 years
Hood System Type 1:
Yes

Facilities

Indoor Seating:
105
# of Parking Spots:
shopping center
Inside Sq. Ft.:
2,900

Highlights

  • Can convert
  • SBA loan approved

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 17,480 59,644
Households 3-mi. 5-mi
2010 Number Of Households 6,702 23,037
2010 Persons Per Household 2.55 2.52
Median House Value $619,200 $585,698
Income Per Household $83,026 $80,368
Businesses 3-mi. 5-mi
2009 Number Of Businesses 707 1,736
2012 Number Of Employees 17,380 42,478
2012 Total Annual Payroll $388,224,000 $1,239,077,000

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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    Square Feet:  
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