, California 35 views 0 favorites
Great location in a huge shopping center. Surrounded by a mix of commercial, residential and retail stores. Has a corner exposure on a major Blvd of town. Established 4 years, and serves Chinese food. The building size is 2,000 SF, seats 56 patrons, with good storage areas, 2 bathrooms and $4,600/MO rent. The landlord would give the new buyer 2 choices of lease. A rent of $4,600/MO ($3,900 base rent plus $700 CAM charge) with an annual 5% increase on the base part. The other choice is a rent of $5,000/MO with no annual increase for 5 years . Both choices come with 2 months free rent. The venue is run by seller and 4 employees. Has a fully equipped kitchen, long hood 5 door refrigerator, 3 door freezer, 6 gas burner stove, flat top stove, another long stove w/big 6 gas burner heads, prep food table with underneath refrigeration, 1 fryer, dishwasher, 4 compartment sink, pots, pans and more. Business opens 6 days 11: 00 am – 7: 00 pm and has a good chance of getting a beer and wine license (check with city). New buyer can keep the same concept or convert to any type of cuisine: Mexican, Mediterranean, Indian, Korean, pizza, burgers or a franchise. Business does not engage in active marketing efforts, this translates to significant upside potential. This is an asset sale. All equipment, furniture and fixtures are included in the sale price. Seller is moving out of state. Location: Rancho Cucamonga, California Year Established: 2019 Number of Employees: 4 Real Estate: Leased Building Sq. Ft.: 2,000 Rent: $4,700.00 Per Month Facilities: The restaurant size is 2000Sf, has a large kitchen rent is $4,700/MO and all business equipment, furniture and fixtures are included in the sale. Market Outlook/ Competition: There is no competition to this section of Chinese food . Growth & Expansion: Great potential to grow. Current owner never advertise, mail flyers or coupons, and is not active on social media. New buyer can start all this and increase the sale volume.
Listed: Apr 22, 2022
Updated: 3 days ago
Views: 35
Favorites: 0