Tupelo Data Room
Chinese Restaurants, Miscellaneous Restaurant & Bars
Active

Chinese Carry-Out/Dine-in-Equipped w/3 Hoods & Grease Trap! ASSET SALE

La Puente, Los Angeles County, California 91744, United States
Asking Price$75k
Revenue-
EBITDA-
Cash Flow-
Description
$140K ---->$75,000. MAJOR PRICE REDUCTION! Not a franchise. Located at the busy corner of Amar Road and Hacienda Boulevard and anchored by Smart & Final grocery / Verizon shopping center. This 2,096 sf newly renovated full service restaurant is ready for a new owner. The large kitchen is equipped with three hoods (36" each), grease trap/fryers, walk-in cooler, freezer, separate men’s and women’s restrooms, and mezzanine offices and storage. Plenty of free customer and employee parking. Perhaps a good use for a catering kitchen. Current staff includes 3 full time and one part time employee. Hours are 11am - 9pm, 6 days a week, closed Tuesdays. THIS IS A LEASE ASSIGNMENT. ALL FF&E, WILL TRANSFER TO QUALIFIED TENANT. Rent is $5,936.92/month including NNNs and 3% annual increase and two 5 years options to extend. This is an excellent opportunity to own your own restaurant. Neighboring businesses include Smart & Final, Verizon Wireless, gym, Jiffy Lube, and gas station. Lease is assigned with all equipment and is turn key along with a signed 10 year lease with 9.5 years left. EMAIL YOUR QUESTIONS AND ASK FOR WALK-THROUGH VIDEO AND PHOTOS OF THE LOCATION. Disclaimer: All information provided is deemed reliable, but is not guaranteed and should be independently verified. DRE #01963614
Website
https://www.honeychickenrestaurant.com/
Reason Selling
Partnership is dissolving
Facilities & Assets
Equipment is owned by the landlord and will convey with the lease assignment for qualified Buyer.
Support & Training
Negotiable
Asking Price$75k