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For Sale Chinese Restaurant In South San Francisco, San Mateo County, CA

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Contact: Harry Sidhu at 510-490-9705 - Log In To Message/Email This Contact
Last Revised: 9/12/19. Posting #: 255774
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Asset Sale  
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.
Profile: Description:
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.

General Information:
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:
Rent: $10,288/month
Lease: 5 year lease plus 5 year option possible for eligible buyer.

Revenue:
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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Contact: Peter Siegel, MBA at 925-701-8064 X313, 925-785-3118 (Cell)   Log In To Message/Email This Contributor
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
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Contact: Mike Brewer at 800-437-1100   Log In To Message/Email This Contributor
Profile: If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
Key Words: mike brewer, liquor license, liquor licenses, abc, license broker, liquor license brokers
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Contact: Willard Michlin at 805-428-2063   Log In To Message/Email This Contributor
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
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Contact: Tim Cunha at 650-600-3751, 650-204-1802 (Cell)   Log In To Message/Email This Contributor
Profile: I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a FREE business evaluation & SWOT analysis for your business anywhere in the USA.
Key Words: tim cunha, cunha, EvergreenGold, california, sf bay area, business broker, brokerage, san francisco, palo alto, santa clara county, contra costa county, alameda county, marin county, sonoma county, san mateo county
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Profile: The decision to sell your business is not always easy for business owners and is one that requires careful consideration. BizBenNetwork Senior Facilitator Manager Jordan Green breaks down the difficult decisions that business owners face to go out on top and avoid missing out on their final payday.
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Jim Saxton - Liquor Licenses - SF Bay Area - 0219
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