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11111 Balboa Ave

San Diego, CA 92117
  • $250,000
  • STATUS: ACTIVE
  • ON SITE: 95 Days
  • ID#: 220016846
UPDATED: 45 min ago
$250,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,020
    SQFT
  • $124
    $/SQFT
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

Description

Well established very profitable restaurant located in Clairemont mesa. Established 40 years Chinese restaurant and family owned for 40 years. This restaurant has been in business since 1982 with an excellent reputation and a loyal customer base. The building size is 2,020 sqft with good storage areas, 3 bathrooms. Beer and wine license already in place. New buyer can keep the same concept or convert to any type of cuisine. Seller is retiring.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/130469605
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11111 Balboa Ave San Diego, CA 92117

  • Price: $250,000
  • Status: ACTIVE
  • On Site: 95 Days
  • Updated: 45 min ago
  • ID#: 220016846
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,020
SQFT
$124
$/SQFT
Neighborhood:
Clairemont Mesa (92117)
County:
San Diego
Area:
Clairemont Mesa (92117)
Property Description
Well established very profitable restaurant located in Clairemont mesa. Established 40 years Chinese restaurant and family owned for 40 years. This restaurant has been in business since 1982 with an excellent reputation and a loyal customer base. The building size is 2,020 sqft with good storage areas, 3 bathrooms. Beer and wine license already in place. New buyer can keep the same concept or convert to any type of cuisine. Seller is retiring.
Exterior Features

Location Neighborhood Shopping Ctr Parking On SitePublic

Interior Features

Heating Central Forced Air Gas

Property Features

Actual Gross Sales 1100000 Actual Total Expense 800000 Business Name Chinese Restaurant Business Type Food ServiceRestaurant Financial Information Source OwnerTax Return Full Time Employess 3 Gross Annual Sales 1100000 Have Restaurant How Long Established 40 Lease Deposit 2785 Lease Expires 2024-06-06 Lease Option 2X 5Years Mandatory Remarks None Known Market Area Metro Monthly Rent Total 4969 Motive Want Retire Part Time Employees 1 Price Includes Inventory Yes Price Includes License Yes Sale Includes EquipmentInventoryLicenses/Permits Sales Restrictions N/K Short Sale No Terms CashConventional Type Of Business Chinese Restaurant

San Diego MLS logo Listing provided courtesy of Woodman Real Estate & Inv.: [IDXCONTACTINFORMATION]. Listing information © 2022 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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Neuman & Neuman Real Estate Inc.
516 5th Avenue
San Diego CA, 92101