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#5550
Chico~Yuba City

Chinese restaurant for sale in Chico shopping plaza next to laundromat

$100,000
Chinese restaurant for sale in Chico shopping plaza next to laundromat
This Listing is Expired

Owner operated Chinese restaurant for sale in Chico. If you looking for cheap Chinese foods in Chico, this restaurant is the go to place among locals and students just blocks from Downtown Chico. Locate next to Laundromat, Taco, Pho noodle restaurant, Subway, Pizza and others. Approximately 1300 square with plenty of parking. Gross income per month between $25,000-$30,000. Beer and wine license is included. Lease is only $2500. Can convert

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

Lease

Region:
Chico~Yuba City
Lease Term:
There are 2 year left + 5 year option on lease
Total Monthly Rent:
$2,500

Operations

Liquor License:
41
# of Working Owners:
3
Year Established:
2017
Hood System Type 1:
Yes

Facilities

# of Parking Spots:
shopping plaza
Inside Sq. Ft.:
1,300

Highlights

  • Can convert

Financing

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

Demographics

Population 1-mi. 5-mi
2014 Total Population 36,389 73,162
Households 1-mi. 5-mi
2010 Number Of Households 15,419 29,899
2010 Persons Per Household 2.34 2.38
Median House Value $270,100 $281,965
Income Per Household $39,216 $42,126
Businesses 1-mi. 5-mi
2009 Number Of Businesses 1,012 2,197
2012 Number Of Employees 26,244 59,120
2012 Total Annual Payroll $507,110,000 $1,017,997,000

click for more demographic info

Disclaimer

The information contained in this offering profile was provided by the Seller and is believed to be accurate. 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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