Asset Sale Description
Restaurant in Chinatown
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#1012
Area: DTLA Chinatown
Asking Price: $50,000
Rent: $7,380.68
NNN: $1,930.21
Rent increase: 3% annual adjustment
Security Deposit: $30,000
Lease Term: 9/30/2031
Size: 1,543 sq. ft.
Seating Capacity: 35
Reason for Selling: Focusing on other stores
Parking: On-site parking with two-hour validation
This asset sale offers a unique opportunity to acquire a fully equipped restaurant established in September 2023. Priced at $50,000, it includes all fixtures, furniture, and equipment, minimizing upfront costs for the buyer. The business benefits from a diverse customer base, ample seating, and growth potential through catering services and the possibility of obtaining an ABC license for alcohol sales, making it ideal for aspiring restaurateurs.
#1012
Area: DTLA Chinatown
Asking Price: $50,000
Rent: $7,380.68
NNN: $1,930.21
Rent increase: 3% annual adjustment
Security Deposit: $30,000
Lease Term: 9/30/2031
Size: 1,543 sq. ft.
Seating Capacity: 35
Reason for Selling: Focusing on other stores
Parking: On-site parking with two-hour validation
This asset sale offers a unique opportunity to acquire a fully equipped restaurant established in September 2023. Priced at $50,000, it includes all fixtures, furniture, and equipment, minimizing upfront costs for the buyer. The business benefits from a diverse customer base, ample seating, and growth potential through catering services and the possibility of obtaining an ABC license for alcohol sales, making it ideal for aspiring restaurateurs.
Detailed Information
- Years in Operation
- 2
- Facilities & Assets
- Fully functional kitchen
35 seats
ADA restrooms
On-site parking
3 Type 1 hoods
Grease trap interceptor
Walk-in cooler
About the Sale
- Transition Support
- N/A
- Seller Motivation
- Focus on other stores.
- Financing
- Cash Only
Listing Info
- ID
- 2352969
- Listing Views
- 634
Listing ID: 2352969 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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