Properties

Comm Business Opportunity For Sale

2,200 Sqft - 219 Mt Hermon Road, SCOTTS VALLEY, California 95066

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Property Description

A well-established newly renovated restaurant in an excellent location, just 25 miles from Silicon Valley and 6 miles to Santa Cruz beaches. The restaurant has been in business for over 35 years, since 1986, with good, generous and loyal customer base. It is situated in Graham Plaza, a shopping plaza with high visibility. There is a nice outside courtyard for outdoor dining. Efficient kitchen area with lots of storage space. Great opportunity for somebody who is eager to work and continue to build on a successful business. The restaurant has remained strong doing a very good take-out business during the pandemic, strong lunch, dinner and To Go sales, and partly due to the outdoor dining area. The restaurant enjoys community support! Included in the Sale is ABC License type 41, business name, client list, kitchen equipment and appliances, banquet tables, chairs, glasses, dish ware, flatware, and more. Owner will train and consult. Owner retired, nephew running business.

Basic Details
Property Type : Comm Business Opportunity
Listing Type : For Sale
Listing ID : 40974843
Price : $299,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 2,200 Sqft
Year Built : 0
Lot Area : 5,000 Sqft
Features
Heating System : Forced Air 1 Zone
Roof : Tar And Gravel
Address Map
Country : US
State : CA
County : Santa Cruz
City : SCOTTS VALLEY
Zipcode : 95066
Street : Mt Hermon Road
Street Number : 219
Floor Number : 0
Longitude : W123° 58' 21.7''
Latitude : N37° 2' 40.7''
MLS Addon
Office Name : David Lyng Real Estate
Building Type : Comm Bus Opp
Area : Scotts Valley
Address : 219 Mt Hermon Road
LA1User Code : MLL5071206
LA1Agent First Name : Paul
LA1Agent Last Name : Burrowes
Status Category : Active
Tot # Parking Spaces : 50
Zoning : cm
List $/SqFt : $0
Age : 0
Apx Lot Sq Ft : 0 Sqft
Annual Taxes : $60,000
Total Deposits : $0
Business Name : ABC Chinese Restaurant
Business Type : Restaurant
FORM OF OWNERSHIP : Corporation
Year Business Started : 1986
Real Estate Included : No
Bus Sq Ft of Bldg : 0 Sqft
SALE INCLUDES : Fixtures And Equipment, Goodwill
TENANT EXPENSE : Electric, Gas, Sewer, Trash, Water
FACILITIES : Restrooms
EXISTING LIC AND PERMITS : Business License
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $0
Tot Other Loans : $0
Financial Data Verif(Y/N) : 4.3%
FINANCIAL DATA SOURCE : Provided By Owner
Ann Act Gross Inc : $900,000
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $299,000
Sold Price : $0
Previous Price : $0
Sale $/SqFt : $0
Comm Business Opportunity For Sale
  • Listing ID : 40974843
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 2,200 Sqft
$299,000
Agent info
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