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#5390
San Mateo County

Established Asian restaurant for sale in Civic Center of Redwood City

$240,000
Established Asian restaurant for sale in Civic Center of Redwood City
This Listing is Expired

This is a 19 years established restaurant locate on small corner strip mall with ample parking. Surround by office buildings and near civic center. There is beer and wine license. Lease is $7,000 which cover water and garbage and CAM. Can convert. They close on Sunday. Yearly sales at $750,000 plus. Please call for additional details

Food restriction: cannot do Mexican and donuts.

This is a EXP Commercial of California, Inc listing.
Business brokering-Industrial-Retail-Leases Tommy Tran DRE License #01439113

Lease

Region:
San Mateo County
Lease Term:
There is 3 years left on lease
Total Monthly Rent:
$7000
Security Deposit:
$2

Financials

Last Year's Annual Gross:
$720,000

Operations

# of Full-Time Employees:
5
# of Working Owners:
1
Hours Open:
Open Monday - Saturday 11-9pm
Year Established:
19 years
Hood System Type 1:
Yes

Facilities

Indoor Seating:
40
# of Parking Spots:
plaza
Inside Sq. Ft.:
1,500

Highlights

  • Can convert into other concepts
  • near civic center

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 33,527 196,898
Households 3-mi. 5-mi
2010 Number Of Households 8,734 70,276
2010 Persons Per Household 3.39 2.65
Median House Value $453,300 $825,061
Income Per Household $52,818 $105,796
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,533 6,629
2012 Number Of Employees 57,640 248,044
2012 Total Annual Payroll $2,621,105,000 $4,294,967,295

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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