#5632
Stockton Merced Modesto

Multiple Award winning best Chinese restaurant for sale in Modesto

$200,000
Available
Multiple Award winning best Chinese restaurant for sale in Modesto



ADD TO FAVORITE

Multiple Award Winning best Chinese restaurant for sale in Modesto next to WalMart with plenty of parking. Approximately 3200 sq ft with 2 ADA restroom and 100+ seating. Owner operated with gross income per month of $70,000. They got great reviews on Yelp with their service and delicious foods. There is a Type 47 hard liquor license which is separate from purchase price. Lease is $8100 all inclusive. Some of the equipment included are 16 feet type 1 hood, 2 deep fryer, walk in cooler, walk in freezer, 4 WOK stove, BBQ Roast oven, 4 top burner stove, meat slicer, 3-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:
Stockton Merced Modesto
Lease Term:
There are 1 year left + 5 year option on lease
Total Monthly Rent:
$8,100

Operations

Liquor License:
47
# of Full-Time Employees:
5
# of Part-Time Employees:
5
# of Working Owners:
2
Hours Open:
Closed on Sunday
Open from 11:30- 9:30pm
Year Established:
25 years
Hood System Type 1:
Yes

Facilities

Indoor Seating:
100
# of Parking Spots:
shopping plaza
Inside Sq. Ft.:
3,200

Highlights

  • Can convert
  • ADA restrooms

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 32,888 46,393 115,789
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 11,060 14,951 39,900
2010 Persons Per Household 2.79 2.97 2.78
Median House Value $220,900 $209,683 $193,986
Income Per Household $62,050 $64,347 $53,212
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 907 1,058 2,533
2012 Number Of Employees 33,600 37,526 83,302
2012 Total Annual Payroll $687,013,000 $944,601,000 $1,799,656,000

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 Realty One Group Infinity 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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