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#5991
San Francisco East Bay

Fantastic restaurant with very good reviews in Fremont shopping center

$168,000
Fantastic restaurant with very good reviews in Fremont shopping center
This Listing is Expired

A hidden gem in Fremont located near the large Lucky supermarket shopping center with plenty of parking. This restaurant is known for their delicious skewers and soups. Approximately 1500 sq ft with up to 49 seating. Lease amount is $5850 with a Beer and wine license. They opted to do take outs and delivery during the pandemic. Can convert
Gross income during the year 2020 was $650,000. Before that in 2019, the shop generated $800,000 in gross income. Some of the equipment included are 12 feet type 1 hood, walk in cooler, one door freezer, 2-door freezer, 2-door refrigerator, deep fryer, 6-burner stove, 2 big burner stove, grill, ice machine and more

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

Lease

Region:
San Francisco East Bay
Lease Term:
There is 3.5 year left plus 5 yr option
Total Monthly Rent:
$5,850
Security Deposit:
$9,000

Financials

Last Year's Annual Gross:
$650,000

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Working Owners:
2
Hours Open:
Closed monday, open from 11-10pm
Hood System Type 1:
Yes

Facilities

Indoor Seating:
49
# of Parking Spots:
shopping center
Inside Sq. Ft.:
1,500

Highlights

  • Can convert
  • prep area in back
  • recipe is not included

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 35,285 78,844 149,932
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 10,755 23,727 44,160
2010 Persons Per Household 3.17 3.22 3.30
Median House Value $582,300 $500,730 $488,500
Income Per Household $111,268 $97,370 $90,297
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 364 1,403 2,488
2012 Number Of Employees 13,208 49,956 87,306
2012 Total Annual Payroll $654,592,000 $1,725,559,000 $2,661,804,000

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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