Comm Business Opportunity For Sale
6,000 Sqft - 20588 Stevens Creek Blvd., CUPERTINO, California 95014
Property Description
Well Established and Profitable Gourmet Chinese Restaurant. 28+ Successful Years in Operation. This is one of the most well-known Chinese Restaurant in Cupertino with loyal followings. Over 6,000sf and Located in the Newly Renovated Crossroad Shopping Center with ample customer parking, surrounded by National Retailers such as Homegoods, Party City, Pier 1 Imports, and Sprouts. Large 238 Seating Capacity make this an ideal venue for banquets, large gatherings, and corporate functions. Low Lease rate with long lease term.
Basic Details
Property Type : Comm Business Opportunity
Listing Type : For Sale
Listing ID : 40939585
Price : $489,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 6,000 Sqft
Year Built : 1980
Lot Area : 467,280 Sqft
Features
Heating System : Forced Air 1 Zone
Cooling System : Central 2 Zone A/c
Roof : Tar And Gravel, Rolled Composition
Address Map
Country : US
State : CA
County : Santa Clara
City : CUPERTINO
Zipcode : 95014
Street : Stevens Creek Blvd.
Street Number : 20588
Floor Number : 0
Longitude : W123° 57' 57.7''
Latitude : N37° 19' 19.7''
MLS Addon
Office Name : CA Golden Properties
Building Type : Comm Bus Opp
Area : Santa Clara County
Address : 20588 Stevens Creek Blvd.
Cross Street : S. De Anza Blvd.
Directions to Property : Hwy 85>Stevens Creek Blvd.
LA1User Code : 206519483
LA1Agent First Name : Steven
LA1Agent Last Name : Wang
Status Category : Sold
Tot # Parking Spaces : 200
Dist/Nbrhood/Sub : CUPERTINO
Zoning : Comm
List $/SqFt : $82
Age : 39
Apx Lot Sq Ft : 0 Sqft
Annual Taxes : $0
Total Deposits : $0
EXTERIOR : Stucco
FLOORING : W/w Carpeting
Business Name : Hong Fu Gourmet Chinese Restaurant
Business Type : Restaurant
FORM OF OWNERSHIP : Corporation
Year Business Started : 1989
Real Estate Included : No
Bus Sq Ft of Bldg : 6,000 Sqft
SALE INCLUDES : Alarm System, Fixtures And Equipment, Goodwill, Lease Improvement, Telephone System
TENANT EXPENSE : Hvac Maintenance, Interior Maintenance, Janitorial, Liability Insurance, Nnn/all, Sewer, Trash, Water
LOCATION : Shopping Center
FACILITIES : Display Window, Outside Sign, Restrooms, Security Systems, Carpet
EXISTING LIC AND PERMITS : Business License, Use Permit, Liquor - On Sale, Liquor Lic - 5+ Years
EMPLOYEES : Owner Run, More Than 10
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $0
Tot Other Loans : $0
Financial Data Verif(Y/N) : No
FINANCIAL DATA SOURCE : Provided By Owner
Ann Act Gross Inc : $1,300,000
Gross Oper Actual Inc : $0
Listing Type : Excl Right
TERMS : Cash, All Inclusive
Listing Service : Full Service
Special Information : None
Original Price : $499,000
Sold Price : $360,000
Previous Price : $499,000
Sale $/SqFt : $0
