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Chinese Restaurant- Low Rent On Major Street Ad#F506P

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Downey, California

$129,000

Property Details

Beds0 Baths0 Garage0

Property Description

MONTHLY GROSS: $30,000

MONTHLY RENT: $2,366

LEASE TERMS: 2 + 5

SIZE: 700 SQ. FT.

SEATING CAPACITY: 32

OPEN HOURS: MON-SAT 11AM-8:30PM.

CLOSED ON SUNDAY.

EMPLOYEES: 1 F.T.

WAGE: $2,300/MO.

 

NOTE: OWNER RUN BUSINESS AND READY TO RETIRED.

HUSBAND AND WIFE TEAM WITH ONE EMPOLYEE.

BUSINESS AT SAME LOCATION SINCE 1994.

LOCATED ON THE MAJOR STREET AND VERY VISIBLE.

VERY STABLE CLIENTELE.MANY REPEAT CUSTOMERS.

CUSTOMER BASE ARE ALL MIX ETHNIC GROUP.

CURRENTLY SERVE CANTONESE FOOD ON THE MENU.

VERY FRIENDLY LANDLORD.NO GREASE TRAP.

 

NET INCOME: $9,000/MO.

ASKING PRICE: $129,000+INV.

 

Property Type Business

Property Status: For Sale

Property Features

Location

Downey, California

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