Selling Restaurant
See More
About Us
Contact Us
Search Selling Restaurants Listings
#5414
Los Angeles South Bay - Long Beach

$21,000 PRICE REDUCTION ON QUICK SERVE CHINESE RESTAURANT

$129,000
Available
$21,000 PRICE REDUCTION ON QUICK SERVE CHINESE RESTAURANT
This Listing is Expired

Owners are moving out of the state and want to focus their time on their move so they have reduced the sales price by $21,000 and are open to all reasonable offers.

Great opportunity for expansion of your existing concept or a family run business. Currently absentee owner operating as a Chinese "quick serve" restaurant but owner states landlord is open to other concepts. Great street exposure and signage in a well maintained shopping center with two major anchor tenants as well as other well established businesses bring LOTS of traffic to the center. Easy in-out to center and restaurant with plenty of parking.

Avoid the hassles of tenant improvements, build-out and permitting. No liquor or beer wine license transfer means you could get up and running quickly.

Approximately 14' hood offers versatility for wide range of equipment. Currently has wok station, 4 burners and fryers. Other equipment includes name brand reach-in refrigerators and freezer.

Go to sellingRestaurants.com to get the name and address of this listing.  Search for listing 5414.

Currently closes at 8:30 and all day Sunday. Expanded operating hours and owner presence could potentially increase bottom line SUBSTANTIALLY. 

No sales figures or books will be provided but owner states business is profitable.

Owner moving out of state so bring all offers.

This is a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Chaz Gaddie DRE License #02057673

Lease

Region:
Los Angeles South Bay - Long Beach
Lease Term:
Expires October 29, 2020 + 1 Five year option
Total Monthly Rent:
$4,200
Security Deposit:
$4,800

Operations

Liquor License:
none
# of Full-Time Employees:
2
# of Part-Time Employees:
6
Hours Open:
10:30 - 8:00 Monday - Saturday
Closed Sunday
Year Established:
2015
Hood System Type 1:
Yes

Facilities

Indoor Seating:
30
# of Parking Spots:
common lot for center - plenty
Inside Sq. Ft.:
1200

Highlights

  • Absentee Run
  • Low entry cost
  • Excellent opportunity for family run business
  • Recipes included
  • Easy to run and manage
  • Fully equipped
  • Short escrow - Up and running quickly
  • Build on established business
  • Great street exposure
  • Well Maintained Shopping Center with Major Anchor Tenants
  • Plenty of Parking
  • Good signage - Easily identifiable

Financing

Down Payment:
$129,000
Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Expired

Demographics

Population 5-mi
2014 Total Population 0
Households 5-mi
2010 Number Of Households 0
2010 Persons Per Household
Median House Value $0
Income Per Household $0
Businesses 5-mi
2009 Number Of Businesses 0
2012 Number Of Employees 0
2012 Total Annual Payroll $0

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.

Other Listings in the Area
  • Absentee Owner cafe/beer&wine in Affluent South Bay Town
    #5304
    Absentee Owner cafe/beer&wine in Affluent South Bay Town
    Lease:  
    New Lease
    Monthly Rent:  
    $6,000
    Annual Revenues:  
    $863,829
    Square Feet:  
    1,500
    Facebook Twitter Google+ Email
    Available
    $165,000
  • JUST REDUCED TO STEAL IT PRICE - FULL SERVE - BEAUTIFUL REMODEL
    #5418
    JUST REDUCED TO STEAL IT PRICE - FULL SERVE - BEAUTIFUL REMODEL
    Lease:  
    Expires Jan 31, 2020
    Monthly Rent:  
    $3,100
    Square Feet:  
    1,100
    Facebook Twitter Google+ Email
    Available
    $95,000
    Down Payment $129,000
  • Restaurant Established 27 Years with Beer and Wine and LOW RENT
    #5447
    Restaurant Established 27 Years with Beer and Wine and LOW RENT
    Lease:  
    April 30, 2022 + 5 yr option
    Monthly Rent:  
    $2,982
    Square Feet:  
    1,650
    Facebook Twitter Google+ Email
    Available
    $85,000
    Down Payment $129,000

Terms Of Use     © 2019 Powered by BBMT Inc.