Escondido Restaurant, 1800 Sqft, Center
Asking Price:$155,000
Business Description
Asian Restaurant in very busy shopping center in Escondido, can do multiple concepts
An exceptional opportunity to transform an established 12 year old Chinese restaurant into a thriving American breakfast house or your own concept. Located in the heart of Escondido, this restaurant's incredible foundation provides the perfect canvas for your creative creations!
A Solid Foundation for Success:
This Chinese restaurant's 12-year track record of success positions it as an ideal platform for your new American breakfast house or your new concept. Take advantage of the existing infrastructure, loyal customer base, and prime shopping location with a lot of parkings to introduce a fresh, exciting dining experience to Escondido's culinary scene.
Efficiency and Infrastructure in Place:
Beer and Wine license
750-gallon grease trap
16 ft hood
Fire sprinkler system
Fiber wall in the kitchen to help prevent fire
2 bathrooms
These features provide a solid foundation for your culinary operations, ensuring efficiency, safety, and compliance. Seamlessly transition into your new breakfast house venture or other concept and focus on delivering exceptional dining experiences.
Flexible Lease Terms for Long-Term Growth:
Benefit from a favorable lease that supports your long-term success. With an incredibly low rent of only $5,711 per month, including CAM (Common Area Maintenance), and a nominal 2% annual increase, you'll have the financial stability to build your restaurant empire. The four years remaining on the lease, with a five-year option, offer ample time to establish your brand.
Reason for Selling:Retirement
Financials (USD)
Asking Price $155,000
Cash Flow Not Disclosed
Sales Not Disclosed
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? Available On Request
Willing to co-broke? No
Principals only? Available On Request
Franchise? No
Management will stay? Available On Request
Relocatable? No
Real Estate? No
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