East SF Bay Area Beautiful Classic Asian Buffet For Sale

Business description

This beautiful buffet restaurant located in the fifth large cities in the SF Bay Area has more than 210,000 population. The restaurant is on the corner of high traffic street surrounded by 9 bank building and medical buildings. Seller invested more than $600,000 to remodel this 10,000sq/ft facility and it shows! The menu has over 200 items that change daily keeping the customers coming back and taking advantage seasonality of food costs. There is a Sushi bar, salad bar, fruit bar, hot food bar, Steak and dessert bar. Business is operates 7 days a week from 10am to 9:30pm and Friday to Sunday open until 10pm. Restaurant has a nice reception area and a dinning room seating 300 customers. There is a beer and wine license. Patio is able seats an additional 20 guests, perfect for that summer time crowd!

Large kitchen has 2 walk-in coolers and 2 walk-in freezers primarily with new state of art equipment. There are 24 hard working full time employees ready for a new owner. Monthly rent is $25,000 until June 30, 2010 plus CAM. Then the rent increases approximately 2% each year until June 30, 2015. The lease has Two 5 year options. Seller planning moves back to East coast. Do not miss this profitable business opportunity. Only Serious buyers showing evidence of ability to purchase will be given name and location. Qualified buyer should call the agent.

Property information

Real Estate:

Lease

Lease terms:

$25000/mo Expires on 6-30-2015+Two 5 yr option.

Other information

Trading hours:

Mon to Fri Lunch 10am to 3pm Mon to Thur Dinner 3:30pm to 9:30pm Fri to Sun Dinner 3pm to 10pm Holiday 10am to 10pm

Contact the seller