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VR Business Brokers - Artesia, CA
17100 Pioneer Blvd, Ste 195
Artesia, CA 90701
(562) 402-2686
www.vrbusinessbrokers.com/office/LOS-ANGELES-ARTESIA-CA.aspx
socalvrbb@gmail.com
 

VR Business Brokers - Artesia, CA

17100 Pioneer Blvd, Ste 195
Artesia, CA 90701
(562) 402-2686
www.vrbusinessbrokers.com/office/LOS-ANGELES-ARTESIA-CA.aspx
socalvrbb@gmail.com

Business Listing Details

LISTING#:
01984885DK

C1210: Restaurants
Asian Buffet, Employees Stay, Seller Not Chinese
LOCATION: San Bernardino County
  
ASKING
PRICE

$199,000
AMOUNT
DOWN

$199,000
REVENUES:
  
$780,000
DISCRETIONARY
EARNINGS

$135,000
TOTAL
ASSETS

$200,000
Located in a very busy shopping center in San Bernardino, this free standing Asian Buffet restaurant offers a vast assortment of Asian food, including Chinese, Mongolian grill specials and a complete Japanese sushi bar.
The restaurant offers take-out or food delivery services, as well as dine in options. 

Recent rennonvations and upgrades include -

- Exterior and Interior Paint on entire building.
- Fixed entire parking lot and rear excess road.

- Installed all Exterior LED lightings.

- Installed 4 TVs & a music system 

- Installed 16 CCTV cameras.
- Replaced all old tables in dining area and repaired all booths.

- Replaced all old lighting with LED lightings 


The Shopping center also hosts national tenants such as Starbucks, Jack-In-The-Box, McDonald's and others.
The restautrant is a semi-absentee owner operation with help run - 6 full time & 2 part time employees.
Expenses (approx.) are -  COG 28%, Payroll- $17,000/mo, Electric - $3500/mo, Gas-$700/mo, Water-$650/mo, Phone - $100/mo, Ins - $500/mo, Alarm-$135/mo.
 
Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies.

Contact:  Associate on Duty
Phone:  (562) 402-2686
E-Mail:  socalvrbb@gmail.com
VR Business Brokers - Artesia, CA
17100 Pioneer Blvd, Ste 195
Artesia, CA 90701
www.vrbusinessbrokers.com/office/LOS-ANGELES-ARTESIA-CA.aspx
Listing Number:  01984885DK
 


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