Sushi & Japanese Restaurants, Other Restaurants & Food
Sale Pending
Prime location in Pasadena! Favorable lease terms with a Beer And Wine
Pasadena, Los Angeles County, California, United States
Asking Price$110,000
Revenue-
EBITDA-
Cash Flow-
Description
*** IN ESCROW***
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#1006
Area: Pasadena
Asking Price: $110,000
Base Rent: $4,202.23 /mo
NNN: $1,200 /mo
Rent Increase: 4%
Security Deposit: $8,967.86
Lease Term: Until 3/14/2025 + (1) 5 years option
Option Lease Term: Negotiable, subject to the landlord’s consent.
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.
Real Estate
Rent is $4,202 per month
Building Size: 1255 sq. ft.Year Established
2020
Reason Selling
Retirement
Facilities & Assets
Type 41 (Beer & Wine) license.
Hood: 10 feet,
Walk-in cooler
Walk-in freezer (Broken) 2 x ADA compliant restroom
Financing Options
Cash Only
Business listed by
JRC Advisors by eXp Commercial
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