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Cypress, California
$300,000Property Details
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.
Location
Cypress, California
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