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Chinese Restaurant- Good Location in Cypress Ad#F468P

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Cypress, California

$300,000

Property Details

Beds0 Baths0 Garage0

Property Description

MONTHLY GROSS: $55,000

MONTHLY RENT: $3,566 +$1,877 CAM.

LEASE TERMS: 2 ½ + 5

SIZE: 1,600 SQ. FT.

SEATING CAPACITY: 50

OPEN HOURS: 11:00AM – 9:30PM, MON-THU.

11AM-10PM FRI, 12PM-10PM SAT, 12PM-9:30PM SUN.

EMPLOYEES: 5 F.T/5 P.T

WAGE: $17,000/MO.

 

NOTE: SEMI-ABSENTEE OWNER RUN.

WELL ESTABLISHED MANDARIN CHINESE RESTAURANT.

CREDIT CARD SALES 70%.BUSINESS HAS DELIVERY.

SURROUNDED WITH LOTS OF OFFICE BUILDINGS NEAR BY.

CUSTOMERS ARE MIX ETHENIC GROUP. REASONABLE MONTHLY RENT.

NEXT TO BUSINESS PARK AND COMMERCIAL WAREHOUSES.

 

NET INCOME: $10,000/MO.

ASKING PRICE: $300,000+INV.

 

Property Type Business

Property Status: Sold

Property Features

Location

Cypress, California

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