Prime location in Pasadena! Favorable lease terms with a Beer & Wine!
Asset Sale Description
Restaurant with Beer & Wine License in Pasadena
"Please inquire about this listing through the contact form. Upon request, a Non-Disclosure Agreement (NDA) will be promptly emailed to you."
#1006
Area: Pasadena
Asking Price: $130,000
Base Rent: $4,040.61
Rent Increase: 4%
NNN: $1,044.59
Security Deposit: $8,967.86
Lease Term: Until 3/14/2025 + (1) 5 years option
Size: 1,255 sq ft
Seating Capacity: 22
Parking: Site parking, on site parking
Liquor License: 41 (On Sale Beer & Wine)
Reason for Selling: Retirement
This Pasadena restaurant offers a fantastic investment opportunity. The current low base rent provides significant upside potential for savvy investors. The current owner opens the restaurant for only 5 days a week. Opening more days and extending business hours are a great idea to accommodate more customers.
#1006
Area: Pasadena
Asking Price: $130,000
Base Rent: $4,040.61
Rent Increase: 4%
NNN: $1,044.59
Security Deposit: $8,967.86
Lease Term: Until 3/14/2025 + (1) 5 years option
Size: 1,255 sq ft
Seating Capacity: 22
Parking: Site parking, on site parking
Liquor License: 41 (On Sale Beer & Wine)
Reason for Selling: Retirement
This Pasadena restaurant offers a fantastic investment opportunity. The current low base rent provides significant upside potential for savvy investors. The current owner opens the restaurant for only 5 days a week. Opening more days and extending business hours are a great idea to accommodate more customers.
Detailed Information
- Years in Operation
- 5
- Facilities & Assets
- Hood: 10 feet,
Walk-in cooler
Walk-in freezer (Broken) 2 x ADA compliant restroom
Type 41 (Beer & Wine) license.
About the Sale
- Seller Motivation
- Retirement
- Financing
- Cash Only
Listing Info
- ID
- 2373739
- Listing Views
- 759
Listing ID: 2373739 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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