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Chinese Restaurant For Sale - Central Coast, California, CA - San Luis Obispo County |
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| PROFILE: Excellent Location, Steady, Loyal And Friendly Customers. |
| Status: |
Available |
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| State: |
California |
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| Location: |
Central Coast |
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| County: |
San Luis Obispo |
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| City: |
None Given |
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| Primary Category: |
Restaurant Related |
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| Alternate Category: |
None Given |
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| USABizMart Ad #: |
120528 |
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| Seller Or Contact: |
Gary Bayus |
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| Primary Phone: |
805-773-5447 |
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| Alternate Phone: |
None Given |
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| Email Address: |
See Form Below |
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| Date Ad Started: |
9/23/08 |
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| Date Ad Last Revised: |
9/23/08 |
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| Asking Price: |
$65,000 |
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| Down Payment: |
Call/Email |
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| Annual Revenue: |
$105,000 |
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| Annual Adjusted Net: |
$41,000 |
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| Franchise: |
No |
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| Relocatable: |
Yes |
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| Home Based: |
No |
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| Lifestyle: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Cooperation: |
Yes |
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DESCRIPTION: Business Summary:
Excellent Location, Which Is Located In A Residential And Downtown Area. Steady, Loyal And Friendly Customers. Beer License Included. Restaurant Seats 30 People Downstairs And 80 Upstairs. It Is Currently A Fully Functioning Formal Chinese Restaurant That Could Convert To Cuisine Of Your Choice. Financial Records Are In Place And Complete. The Landlord Originally Operated This Restaurant From Approx 1940 Until The Current Owners Purchased The Business In 1988. It Has Been A Chinese Restaurant For Over 60 Years. Located Next To The Most Popular Art Movie Theater In Town, Which Invites Patrons To Stop In For A Bite Before Or After Movies.
Competition And Growth:
Current Owner Has Been Scaling Down Hours And Stopped Taking Credit Cards A Couple Of Years Ago To Re-Regulate The Volume Of Patrons So That One Cook And One Waitress Could Run The Business Efficiently. They Do No Advertising, And Are In The Heart Of A College Town. A Sign Out Front Would Make A Huge Difference. Owners Claim That There Is No Difference In Traffic During The Summer When The College Students Are Not There. The Owners Are Only Using Half The Building, Electing Not To Serve Food Upstairs. The Upstairs Is Suited For Regular Service Or Specialty Parties. All Equipment Is In Working Order.
Community:
A Strong Business Community Ensures Your Success. The Downtown Association, Established In 1975 To Address The Needs Of Downtown Merchants As A Whole, Is An Advisory Body To The City Council Funded By Sales Tax Proceeds From Its District. While Not An Actual Department Of The City, As A Government Agency It Follows The Same Guidelines As Any Public Entity. All Meetings Are Open To The Public And With Meeting Notices Posted At City Hall. Downtown Association Boundaries Are Semi-Irregular But Form A Rectangle Around A Downtown Core Bordered By Santa Rosa, Palm, Nipomo And Pacific Streets. Nearly 600 Businesses Are Licensed Within This District.
Area:
The Central Coast Of California Is One Of The Most Sought After And Lowest Cost Places To Live By The Ocean, With An Explosive Investment Real Estate Growth. Supported By Tourism And Surrounded By Pristine Beaches, Wine Country And Healthily Living Makes This A Dream Destination. The Area Is Still Small Enough To Be Considered Rural With Huge Growth Potential. Rarely Do You Find The Perfect Convergence Of Location, Land, Climate, Heritage And Architecture.
The Central Coast Represents A Truly Unique Opportunity. A Chance To Live In A Place Of Exquisite Beauty, Yet Have Close Access To Both Northern And Southern California And All Activities One Could Imagine. In This Kind Of Environment With So Much To Do And Explore, People Thrive, Families Bond, And Dreams, Quite Naturally, Take Flight. Located At The Exact Halfway Point Between San Francisco And Los Angeles, Local Government Supports Small Businesses And Growth Potential.
This Area Is Slated As The Next Malibu Beach, And A Smart Investor Would Get In Now And Grow With The Wealth. Observed By Jay Leno And Brad Pitt (Local Residents) As Their Best Place To Buy Property On The Coast Of California.
The Central Coast Will Exceed Your Expectations, Expand Your Opportunities And, Just Possibly, Help Set Your Life On A Whole New Course. Buying A Business On The Central Coast Will Allow You To Immerse Yourself In The Elegant And Unique Style. Owning A Business Here Offers A Completely New And Unique Opportunity To Live In This Dramatic Coastal Setting. Here Life Centers Around Adventure, Growth, Wellness, And Strong Personal Connections. |
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