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Phone: 408-829-2315
Fax: 408-926-9602
maggyslavova@yahoo.com
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KOREAN RESTAURANT

FOR SALE:

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GTR#: 1637


KOREAN RESTAURANT
Asking Price: $150,000

SAN JOSE, CA 95131

Size/Seating Capacity: Approximately 1,510 sq .ft./ 35 seats plus patio
Rent: $6,115 NNN
Lease Terms: 5 years, expires 2021
Revenue: Approx. $420,000
Printable Flyer Non-Disclosure Agreement (NDA)

PROPERTY PROFILE


This is a turn-key restaurant located in a very popular business center near CISCO, other high-tech businesses and hotels. Very busy for lunch and diner. The capacity is 35 seats inside and 8-15 seats in the patio. The restaurant has a full kitchen with newer kitchen equipment. It was completely renovated in 2016. Commercial hoods 10-11", walking cooler, 8-burner stove, fryer, flat grill, grease trap, ice machine, preparation cooler, preparation tables, various sinks, water heater, ADA bathroom. Opens 5 days a week. The store can be converted into another food-service business if does not compete with the other restaurants in the shopping center.. Lease expires in 2021 and has a 5-year option. NDA is required. Absentee owner operated. NDA is required.

GENERAL INFORMATION


Location: Commercial
Co Tenants: Other business
Signage: Building Signage
Ownership: LLC
Seating: 35 Seating plus Patio
Size:

1,510 square feet

Parking: Business center parking
License(s): Business, BOE
Open: Open 5 days a week. Mon - Fri: 10:30 AM - 9 PM
Reason For Sale: Other interests

LEASE INFORMATION


Lease/Rent: $6,115 plus $2,400 NNN
Lease Expiration: 2021
Yearly Adjustment: $200
Lease Option: TBD
Security Deposit: $9,500

FINANCIAL INFORMATION


Revenue: Approx. $420,000 per year
Cash Flow: To qualified buyers
Equipment/ Inventory: Equipment List
Payroll: 2 full time and 2 part time.
Expenses: Rent, Utilities, Insurance, Maintenance
New Terms: All Cash

CONTACT INFORMATION


Listed by: Maggy Slavova, BRE# 01387995
Phone: 408.829.2315
Phone: 408.771.7730
Fax: 408.926.9602
Email: maggyslavova@yahoo.com, maggy@goldentrustrealty.com

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.