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#5331
Pasadena - Covina - San Gabriel Valley

Prime Pasadena Location at a Low Price

$75,000
Available

RESTAURANT FOR SALE ON COLORADO BLVD PASADENA

A Tastefully designed Restaurant available in the Pasadena area! The urban development that blankets the landscape offers great opportunity for repeat and destination customers, alike.

  • Located in densely populated urban setting of Pasadena.
  • This place is turn-key. All it needs is an experienced owner and the right concept.
  • Floor plan designed for optimal seating.
  • This restaurant’s design maximizes the 820 sq ft space with seating for 20 inside and room for a few tables out front of restaurant
  • The kitchen that is small and easily navigated with most things within easy reach.
  • Furniture, Fixtures and Equipment included in sale!
  • The right owner can take advantage of marketing strategies in a densely populated location.
  • The center has a low cost private parking lot for guests making for an easy access to restaurant.

The Kitchen though its small it has all that's needed to put out some tasty dishes, its equipped with Flat Grill, 4 Burner stove top, 2 Basket Deep Fryer and refrigerator units and freezer. Other appliances are there as well like a toaster, rice cooker and more.

If you are looking for a trendy area for your restaurant, look no further! This location is full of potential! With its timeless design, it is sure to capture prospective buyers and customers alike. Because this restaurant is ready to be handed over to the next owner, focus can be spent on marketing. The restaurant has very good visibility from Colorado Blvd.

This is your chance to be part of the cultural diversity and innovation that Pasadena has to offer!

If a Buyer is interested in keeping the same similar concept, the owner will give some training and offer insight into what has kept people coming back.

Remember when visiting this restaurant to keep your visit confidential and consult Agent for further information.

 

 

This is a a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Stuart Schlosser DRE License #01809021

Lease

Region:
Pasadena - Covina - San Gabriel Valley
Lease Term:
May 4th, 2019 + 5 yr option
Total Monthly Rent:
$4,780
Security Deposit:
$8,216

Operations

Hours Open:
10:00 AM -8:00 PM Tuesday -Saturday
10:00 AM - 7:00 PM Sunday -Monday
Hood System Type 1:
Yes

Facilities

Indoor Seating:
20
Outdoor Seating:
6
# of Parking Spots:
Customer Paid Lot
Inside Sq. Ft.:
820

Highlights

  • Busy Street Location
  • Efficient Layout of space
  • Good Visability from Street
  • Prime Pasadena Location

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 45,064 193,467 549,666
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 21,592 75,863 192,206
2010 Persons Per Household 2.01 2.45 2.78
Median House Value $491,799 $645,195 $550,801
Income Per Household $61,584 $79,178 $66,723
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 2,720 7,479 14,682
2012 Number Of Employees 67,754 177,142 332,060
2012 Total Annual Payroll $2,027,621,000 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

Notice: 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 some cases, foreward 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, 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. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of 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.


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