#5407
San Francisco Metro

Super high volume Asian supermarket in the heart of SF Chinatown

$680,000
Available
Super high volume Asian supermarket in the heart of SF Chinatown



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This is super high volume Asian supermarket in the heart of SF Chinatown. Prime location with heavy foot traffic that stretches along the Stockton street from Sacramento street to Columbus ave. Veggies line the front of the grocery store so assumptions can be made they sell just groceries and veggies. But there is also live crabs/shellfish in tanks can be seen on the left as u enter the store. Approximately 3500 sq ft + office space on the second floor. Seller Recently spent $800,000 to upgrade the supermarket. Monthly sales is over $420,000.  Lease is $16,000

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

Lease

Region:
San Francisco Metro
Lease Term:
There is 2 yr left on lease
Total Monthly Rent:
$16,000

Operations

# of Full-Time Employees:
17
# of Part-Time Employees:
4
# of Working Owners:
2
Hours Open:
open everyday from 7am-6pm
Year Established:
4 year

Facilities

# of Parking Spots:
street parking
Inside Sq. Ft.:
3500

Highlights

  • Sells meat, produce, and seafoods
  • Prime location with lots of foot traffic

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 25,134 226,687 514,468
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 13,507 122,239 247,764
2010 Persons Per Household 1.94 1.74 1.96
Median House Value $931,200 $789,333 $823,222
Income Per Household $50,485 $62,455 $77,662
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,422 18,510 27,345
2012 Number Of Employees 36,692 728,302 960,060
2012 Total Annual Payroll $936,217,000 $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. RestaurantForSales.com and The Real Estate Discount Concept 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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