Newly Built-out Restaurant Available For Sale - Launch Your Own Menu

Asking Price: $550,000

In-ground Grease Trap
Dinning/Order Area
EarthStone Oven
16' Type-1 Hood
New Equipment
Walk-In Cooler
In-ground Grease Trap
Dinning/Order Area
Save1/6

Newly Built-out Restaurant Available For Sale - Launch Your Own Menu


Asking Price: $550,000

Asset Sale Description
Presenting a rare opportunity for restaurateurs to launch their menu immediately – this newly built, immaculate, NEW restaurant is for sale - PRICE IS NEGOTIABLE. Featuring a pristine kitchen with stainless steel wall panels, this sale includes leasehold improvements, furniture, fixtures, and new and used restaurant equipment, including a Type-1, 16-ft Hood with various cooking equipment, a Type-2 Hood for an EarthStone Oven, and a walk-in cooler. The term of the remaining lease is set to expire on August 31, 2033. Located in the Orangewood Shopping Center, directly across from Huntington Hospital, this prime restaurant space underwent a complete demolition and rebuild by the current business owner (Tenant). The renovation was fully permitted and designed to meet the latest City of Pasadena building codes. Though the restaurant is fully outfitted, it has never opened due to the owner’s personal reasons. A detailed list of restaurant improvements, including all furniture, fixtures, and equipment or machinery, is available to download below. Interested parties must submit proof of funds and a credit score report along with a Letter of Intent for the seller’s consideration. The property owner requires a tenant application, credit report, proof of funds, and a proposed menu for final lease assignment approval upon opening of escrow. Don't miss this unique chance to own a fully equipped restaurant with an A-rating in a prime Pasadena location! Showings are by appointment only and must be scheduled through the Listing Broker, Berj Beramian.
Detailed Information
Years in Operation
0
Facilities & Assets
The lease term remaining on the lease expires on August 31, 2033. The Lessor may consider a longer term lease during the review process of the lease assignment. Plenty of shared parking available in the Orangewood Center for both customers and employees.
About the Sale
Transition Support
Seller is willing to offer support and guidance with operating equipment.
Seller Motivation
Personal Reasons
Financing
SBA Loans are available for existing restaurants expanding their business.
Listing Info
ID
2356032
Listing Views
762
Attached DocumentsAttachment Disclaimer

117CaliforniaBlvd_Brochure.pdf

FF_EList_117CaliforniaBlvd_.pdf

Business Location

Contact Seller

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Business Listed by: Berj Beramian

Listing ID: 2356032 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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