Last Revised: 9/12/19. Posting #: 255774
Key Words: asian, chinese, south san francisco, san mateo, asset, convert
Financial Info: Asset Sale. Price: $75,000. Down: Cash. Rent: $10,288/month. Lease: 5 year lease plus 5 year option possible for eligible buyer.
This restaurant occupies prime Grand Ave location. Under current ownership as Chinese restaurant since 2001. This location is within 1 mile from hwy-101 and within 4 miles from SFO international airport. Approximately 2,000 sq. ft. space equipped with 18 feet Type-1 hood and seating for 100. Buyer could operate as Chinese restaurant or convert to different cuisine.
Equipment Include: 18 feet Type-1 hood, 5 Wok Stations, 4 Burner Stove with oven & Hot plate, Main Counter, Cash Register, Freezer and multiple Refrigeration units and Much More. A full list of equipment is available with the Listing Broker.
Organization: Corporation | Square Footage: ~2,000 sq. ft. | Licenses Required: City Business License, Health Permit, SBOE, ABC Type-41 Liquor Licence (Included & Transferable) | Days Open/Hours: Wednesday - Monday: 10:30am to 2pm, 3pm - 5:30pm | Reason for Sale: Other Business Interests.
Lease: 5 year lease plus 5 year option possible for eligible buyer.
Gross Sales: Not applicable. Asset Sale.
Financing: All Cash
Broker Disclaimer: We obtain the information in this marketing package from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty and representation about it. It is submitted to the possibility of errors, omissions, change of price, rental or other conditions, prior to sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may bit represent current or future performance of the business & Property. You and your tax or legal advisers should conduct your own investigation of business property and transaction.
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