#6367
Los Angeles

Vietnamese and Chinese bakery for sale in Downtown Monterey Park

$180,000
Available

Vietnamese and Chinese bakery for sale in Downtown Monterey Park of Los Angeles county. This store is equipped with all the machines that help to produce all kinds of bread & pastry, there is walk in cooler and display cooler & breads display case in dining space. It s located in a busy area of central of downtown Monterey ParK city, 1 minute away from Garfield Hospital, 3 minute away from freeway 10 which is the main freeway in Los Angeles County, surrounded by medical offices and busy residential area with population of 60000 (~70% Asian), huge parking lot easy to acess. This store still making profit, annual gross income $250,000. 1200 Sqft with 22 seating. Lease amount is $4200

This is a EXP Commercial of California, Inc listing.
Business brokering-Industrial-Retail-Leases Tommy Tran DRE License #01439113

Lease

Region:

Los Angeles

Lease Term:

There is 1.5 years left + 3 year option

Total Monthly Rent:

$4,200

Financials

Last Year's Annual Gross:

$250,000

Operations

# of Full-Time Employees:

# of Working Owners:

Hours Open:

open from 8am-7pm
closed Tuesday

Year Established:

2019

Hood System Type 1:

Yes

Facilities

Indoor Seating:

Inside Sq. Ft.:

1,200

Highlights

can convert

Financing

Will SBA Finance:

Will Seller Lend To Buyer:

Demographics

Population	1-mi.	3-mi.	5-mi
2014 Total Population	34,698	315,484	744,752
Households	1-mi.	3-mi.	5-mi
2010 Number Of Households	11,193	92,210	214,637
2010 Persons Per Household	2.92	3.36	3.40
Median House Value	$488,100	$392,873	$399,634
Income Per Household	$57,630	$48,411	$47,186
Businesses	1-mi.	3-mi.	5-mi
2009 Number Of Businesses	1,329	5,186	13,776
2012 Number Of Employees	38,032	127,548	428,298
2012 Total Annual Payroll	$804,476,000	$2,422,903,000	$4,294,967,295

click for more demographic info

Disclaimer

This information has been secured from sources we believe to be reliable but we make no representations, warranties, express or implied, as to the accuracy of the information. Listing broker has been given enough information to provide only a preliminary interest in the property. The materials are not to be considered fact. The information contained herein is not a substitute for thorough due diligence investigation. References to square footage, zoning, use, or age are approximate. Any renderings should be considered conceptual in nature and such renderings do not represent the current condition or what can or may be done to the property. Neither broker or landlord represent that this space is suitable for your use. Tenant or Buyer must verify the information at their own expense and bears all the risk for any inaccuracies.