Power Realty & Investments

Hi Volume Chinese Restaurant w/ Beer & Wine License Ad#F443P

Interested In This Property?

Sherman Oaks, California

$290,000

Property Details

Beds0 Baths0 Garage0

Property Description

MONTHLY GROSS: $60,000~$80,000

MONTHLY RENT: $6,200+$400 NNN (3.5% ANNUAL INCREASE)

LEASE TERM: 3 ½ +5

STORE SIZE: 2,500 SQFT

SEATING CAPACITY: 58

OPEN HOURS: 11:00AM-9:00 PM MON-THUR,

FRI-SAT 11:00AM- 9:30PM, SUNDAY 10:00-9:00PM.

EMPLOYEES: 4 FT. 6 PT.

WAGE: $19,000/MO.

 

NOTE: LOCATED ON BUSY VENTURA BLVD.

LOTS OF OFFICE BUILDING NEARBY.

BUSINESS HAS DELIVERY AND CATERING.

CUSTOMERS ARE MIX ETHNIC GROUP.

CREDITCARD SALE 70%.

HAS B&W LICENSE.

 

NET INCOME: $17,000/MO.

ASKING PRICE: $290,000+INV.

Property Type Business

Property Status: For Sale

Property Features

Location

Sherman Oaks, California