offered at $89,000
Status: Active // Property Type:
County: Orange

Property Description

Huge opportunity to buy this profitable established casual Chinese-Vietnamese restaurant. Sales are about: $200,000 per year. Net profit is: $50,000 a year. Open 7 days a week from 9am - 9:30pm. Lease is: $4,076 which includes the triple net, expires on 6-2022 with a 5 year option. Landlord is aware of the sale and is flexible on new buyer. Food cost is about: 25% of sales. Payroll is about: 20% of sales. Health permit cost is: $900 per year. The Liability insurance and worker's compensation is about: $100 per month. Beautiful well kept restaurant with 6 booths seats 4 people and 1 large round booth seats 7-8 people. 6 nice, clean, and sturdy tables with 4 chairs each.AC works. Equipment included in sale are: 4-Burner range with oven, 1 countertop char-broiler, 9 foot hoot type-1, a 2-door freezer, ice making machine, 3-compartment sink, 1-compartment sink, prep tables, sandwich prep tables, a 2 door refrigerator, all furniture is included as well. Dishwasher is include, but seller has never used. Seller's aunt previously owned it for 10 years, current owner has owned it for 1 year. Personal items are not for sale. Buddha statue is not for sale. Buddha altar is not for sale. Employees are most likely not going to stay. A ton of foot traffic and on major streets. By anchor tenants 7-11 & Yoshinoya. Coin Laundry, nails shop, MetroPCS, Bagel shop, Beauty Salon, donuts, massage.

Listing Courtesy of Fernando Spindola, Intero Real Estate Services

  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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