- Listed Price $ 129,000
- Down Payment $ 129,000
- Gross Sales $ 340,000
- Total Income $ 0
- Equipment/Fixtures$ 90,000
- General Location North County San Diego
Fully Equipped Chinese Restaurant Ready to Convert
Located on one of the busiest streets in North County, this is currently running as a full service Chinese restaurant but can be converted to other concepts. This restaurant is fully equipped with a 2 hood system, walk-in cooler and freezer, grease trap and many more assets in excellent condition. Seller wants to move on to another business interest.
Financial Information
- Gross Sales:$340,000
- Total Income: $0
- Listed Price:$129,000
- Down Payment $129,000
Financing:
Assets & Lease Information
- Inventory: $0
- Leasehold Improvements: $80,000
- Equipment/ Fixtures: $90,000
- Base Rent: $0
- Total Rent: $5,670
- Rent Deposit: $5,000
- Year Established: 2013
- Square Feet: 2,100
- Lease Ends: 8/2023
- Lease Options: 1 / 5 year option
- Categories: Food/Restaurant
- Other Assets:
Additional Information
- Full-Time Employees:4
- Part-Time Employees: 2
- Contract Staff: 0
- Training Period: 2 weeks
- Special License Required: Health Permit, ABC Type 41 License
- Reason for Selling: Pursue Other Business
First Choice Business Brokers
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.