Unsaved Changes
You have unsaved changes, are you sure you want to leave this page?
Pasadena, Los Angeles County, California
Asking Price
$300,000
Revenue
$350,000
Down
$300,000
Cash Flow
$162,700
Name: Michael Raad
Phone: Show phone number
Name
Michael Raad
Phone
Show phone number
Posting ID:
292992
Attributes:
Broker Cooperation
Training And Support
Recommended Businesses
Los Angeles, California
Erotic adult Store
$ 300,000
CF : $ 64,206
Great location in the heart of downtown LA. Established 15 years, 3 years in current location. This ‘5 star” rated adult entertainment store is nicely designed with an open floor plan, and $100,000 built out cost. The building size is 3,000 SF, rent is $5,300/MO, gross annual sales are $353,270, and the net income is $64,206 as per seller statement. This venue is one of the largest adult retail stores providing all the necessities as well as luxuries an adult store should have. Items include bondage, wide toy selection of all shapes and types, all are neatly organized in 38 glass display wall cases and 11 display cases in the middle of the shop with locks and energy-efficient LED lighting, and comes with a computer, POS system, security system with 15 surveillance cameras and an alarm system. The store maintains a 100% discreet shipping and billing with respect to the confidentiality and privacy of customers. This business has a high profit margin and run by the owner himself. It opens 6 days Monday-Saturday 10:30 am- 6:00 pm. This establishment has a great potential to grow. New buyer can open more days and longer hours, advertise, get active on social media etc. All equipment, furniture, fixtures and an approximately $30,000 worth of inventory are included in the sale Seller is ready to retire and encourages buyer to stay in the shop for one month observation period to appreciate this business, and even after close of escrow he is willing to stay with him for one month to secure a smooth ownership transfer. Listing agent does not guarantee the accuracy of the income, expenses information or other information concerning the business provided by the seller, or obtained from public records, or other sources. Buyer is advised to independently verify the accuracy of above information through personal inspection and with appropriate professionals.
Montebello, California
Vacant restaurant for lease.
$ 30,000
In the heart of Montebello, This second generation restaurant is located in a large shopping center with full exposure on the most traveled Blvd in the city. It is now vacant and for lease with no key money. It had been a restaurant with the late owner for over 20 years. He used to have a type 47 liquor license which is no longer in place. The venue is 6,027 SF that includes 140 SF of storage room, capacity for 167 patrons, $10,000/ Mo modified lease and ample parking spaces. It is suitable for hosting all kinds of events, special occasions, or casual dining experience. All tables, chairs and booth seating's are still in place. Has a complete kitchen setup; a hood system, 4 large walk-in coolers and freezers, many sink compartments, a grease trap, nice bar, a band stage for live entertainment, 4 bathrooms and more. All equipment goes with the space in its “as is condition”. New tenant will save money on a build out, permitting time, and rents paid during the process. He also has to check with the city (building and safety, health and fire departments etc.)Regarding the venue status, and apply for all necessary licenses and permits. This unique establishment is suitable for all kinds of cuisines, catering, or a franchise. Don’t let this opportunity pass you by.
Pasadena, California
Restaurant - Beer And Wine License, Great Location
$ 165,000
For sale is a well-established restaurant located within walking distance of the vibrant Old Town Pasadena, a popular area bustling with cars and foot traffic. This restaurant has been in business for 30 years, with 18 years at its current location. The building is approximately 1,022 square feet, according to the seller, with seating for up to 33 patrons. The monthly rent is $3,975, and payroll expenses are $12,500 per month. According to the seller’s tax returns, and the gross total annual sales are $314,000. The kitchen is fully equipped with a walk-in cooler, walk-in freezer, hood, flat-top oven, four-burner gas stove, fryer, prep table, two single-compartment sinks, a double-compartment sink, a three-compartment sink in the back, ice machine, dishwasher, new water heater, and more. The restaurant serves American cuisine, specializing in a range of spiced, roasted chicken dishes. It operates six days a week, Monday through Saturday, from 11:00 a.m. to 2:30 p.m., then reopens from 5:30 p.m. to 8:00 p.m. This long-standing business, which holds a beer and wine license, is surrounded by apartment buildings, offices, movie theaters, a convention center, ice skating rink, restaurants, shops, bars, hotels, and Pasadena City Hall. It enjoys a loyal customer base that has been visiting for decades, with patrons from the local community and surrounding areas appreciating its delicious food, friendly staff, and excellent service. Currently, the business operates solely through word-of-mouth referrals, making it a prime opportunity for growth. New owners could increase sales by implementing advertising, using social media, starting a happy hour, adding delivery services, and more. The sale includes all equipment, furniture, fixtures, and the beer and wine license, making this a turnkey opportunity. It is ideal for an owner/operator or a family-run business. The 78-year-old owner is motivated to sell and retire.
San Gabriel, California
Auto Body And Paint Shop - Freestanding Building
$ 650,000
CF : $ 200,500
These 2 well established businesses are in a free standing building, few yards from a major Blvd. They have been under the same ownership for the past 20 years and boast a consistent growth. This great opportunity with all licenses and permits in place, offers the convenience of combining the towing, car repairs and body work and paint in one location. The Building size is 2,336 Sift, has 3 mixing room,2 offices, a storage area and 2 bathrooms. Lot size is 8,288SF it is gated with parking spaces for 30 cars, and rent of $9,000/Mo NNN . long term lease is also available. The gross annual sales of the towing business are $ 3,648,517 and the net income is $200,500 as per seller statement. The towing business has a fleet of 8 trucks and run by 15 drivers and 2 secretaries. the venue is AAA approved mechanic shop and towing. It is I-car Gold certified with possibility to become DRP with Auto Club, and many other insurance companies as well. The body shop is fully equipped with a heated spray booth that will stay with the property( can't be removed) a Car-o liner frame machine with measuring system($160,000),another star liner frame machine outside the building($15,000) , Lincoln welding machine ($7,000), 2 hoists ($10,000), paint ,furniture and all needed equipment to run a successful mechanic and body shop.. The team running the body shop consists of 2 mechanics, a body man and a seasoned painter. The seller is focusing on the towing part of the businesses with no time to attend to the body shop. He is not engaging in active marketing, or social media which translate to significant upside potential. This turn-key business with somewhat built-in clientele is waiting for the right operator to move it to its full potential. All equipment, furniture and fixtures are included in the sale price. If the towing business is sold separately the price would be $300,000, rent would be $4000/Mo NNN, and the parking spaces would be divided between the 2 businesses. Don’t miss out on this rare opportunity. Seller will train. Listing agent does not guarantee the accuracy of the income, expenses information or other information concerning the business provided by the seller, or obtained from public records, or other sources. Buyer is advised to independently verify the accuracy of above information through personal inspection and with appropriate professionals.
Monrovia, California
Burger Restaurant Franchise - Old Town Location
$ 159,000
For sale is a great opportunity, in the heart of old town Monrovia. This national franchise business is in a large shopping center anchored by other franchises, and surrounded by offices, retail, and residential buildings that bring lots of traffic year-round. The shop size is 1,777 SF, rent is $10,725 NNN included, payroll is $14,014/month, and the gross sales $58,500/month. The business is run by the seller and 12 employees. The seating capacity is 55 patrons. Business hours are 11:00am–9:00 pm, Friday and Saturday 11:00 am -10:00pm. It opens 7 days and has ample parking spaces. What makes this fast food stand out is the high-quality ingredients used in its made-to-order burgers. The meat is fresh, 100% certified Angus beef, all-natural Jennie - o turkey burgers, fresh daily baked buns, variety of sauces, in addition to their known handmade fries and shakes. This is a reputable franchise brand that is constantly keeping up with the market trends. The franchise transfer fee is $ 15,000, and the buyer has to pay for his accommodation during the 2-week training period in “Plano Texas. Or if the buyer doesn’t want the franchise brand, he can open his concept. All equipment, furniture, and fixtures are included in the sale. This business has an unlimited potential to grow. It is best if run by a family, or someone with a passion for food to take this venue to the next level.
Sunland, California
Pizza Sandwich Kabob Restaurant - Great Location
$ 75,000
CF : $ 68,075
A great location on the most traveled Blvd in Sunland surrounds the building, which spans over 1,000+ SF. The rent, amounting to $2,530/Mo NNN included, accompanies a mix of commercial, residential, and retail stores. Gross sales range from $15,000 to $16,000 per month, yielding an annual net income of $68,075. With a seating capacity for 25 patrons inside and out, the establishment operates 5 days a week, from Tuesday to Saturday, from 10:00 am to 7:30 pm, and remains closed on Sunday and Monday. The kitchen boasts various equipment, including a 12 FT hood, pizza oven, 4-head gas burner, BBQ grill, 2 large showcase fridges, 3 refrigerators for grocery, meat, and deli, a soda refrigerator, freezer, 2 refrigerated prep tables, 2 microwaves, meat slicer, dough mixer, food processor, 3-compound sink, plus another one with a lavatory, 3 electrical menu screens, one big screen TV, and a POS system, among others. For the past 15 years, the business has been operated by a husband and wife team, offering a diverse menu including pizza, cold sandwiches, hot Panini, pasta, and Mediterranean dishes such as kebab, shawarma, chicken, salmon, falafel plates and wraps, hummus, tabbouleh, appetizers, salads, and drinks. Despite its success, the business relies solely on word of mouth and does not engage in active marketing efforts. However, there is substantial potential for sales volume growth through advertising, social media engagement, extending hours to 7 days a week, and developing a customer loyalty program. The venue, offering sit-in, takeout, and catering services, has received favorable reviews on social media, indicating its potential for further growth. A new buyer has the option to maintain the current concept or convert it to any type of cuisine, such as Thai, sushi, Chinese, Korean, or burgers. All equipment, furniture, and fixtures are included in the sale price, making it an attractive opportunity for an owner/operator or a family-run business. With motivated sellers offering training, the buyer can leverage the established reputation and clientele base to maximize the establishment's potential.
Pasadena, California
Mexican American Restaurant - Type 47 License
$ 375,000
CF : $ 160,000
This is one of a kind opportunity in the heart of Pasadena. Established over 20 years and still with same owner. This very well-known restaurant is Located in a Very vivid section of town on a busy boulevard traveled by lots of cars and foot traffic. It is surrounded by a mix of residential, commercial and retail stores. The venue is 3,090 SF with a nice bar and a seating capacity for 160 patrons inside and 40 in the outside covered patio with room to add more seats. Has an office, a storage room, 4 bathrooms, type 47 liquor license and parking for 38 cars. The rent is $10,300/MO NNN, annual gross sales are $1,910,800 and the net income is $160,000.It boast a large fully equipped kitchen with 2 hoods: 12x4 and 9x5, walk-in cooler, walk-in freezer, 1 grill, 1 flat stove,6 gas burner, another 4 gas burner, 2 fryers, 4 food warmers, 1 chips warmer, ice machine, 9 TV screens, one van and more ( a list on file). This venue is a destination for lovers of authentic Mexican food and the magnificent American Menu. Their love of the experience is reflected by their great media reviews, and their repeat catering orders. Business opens 7 days Monday- Thursday 11: am-9:00 pm, Friday 11:00-10:00, Saturday 10:00-10:00 and Sunday 10:00-9:00. It is run by seller and 24 seasoned employees. All equipment, fixtures and liquor license (except the business name) are included in the sale. This turn-key business with somewhat built-in loyal clientele is the neighborhood favorite for its delicious food, cozy atmosphere and great service. New buyer can benefit from the location, great reputation, and the unlimited potential to grow this establishment beyond any investor imagination. Seller owns 2 other restaurants and it is getting difficult to handle all of them. Don’t miss out on this opportunity, it will not last long
Recommended Blogs
How To Sell A Business
When To Sell Your Small Business - Many Factors Play A Part
Business Broker Information
Landlord Issues: Working With Landlords When Selling Or Buying A Business
Buying A Business
Buying A Car Wash: Three Successful Types Of Car Washes To Consider
Deal And Escrow Issues
Selling A California Small Business? This Checklist Will Determine Your Success
Buying A Business
Choosing The Best Motel For Sale: A Guide For Motel Business Buyers
How To Sell A Business
How To Determine Whether The Buyer For Your Business For Sale Is Sincere
Buying A Business
How Coin Laundry Owners Can Control Rising Utility Rates
Business Broker Information
Should Owners Hire Agents To Sell Business Listings?
Buying A Business
When Buying A Laundry Business Be Clear On What You Are Buying
Buying A Business
Laundromat Expert Discusses: What Is The Future Of The Laundry Business?
Business Valuation Issues
Interpreting Reported Earnings From Sellers
Buying A Business
Polishing Up Your Act: Nailing The Process Of Buying A Nail Salon Business
Buying A Business
Allocation Of The Purchase Price When Selling A California Small Business
Buying A Business
Working Out A Deal: Things To Consider When Buying A Boutique Fitness Gym
How To Buy A Business
Tips On Buying A Beauty Supply Shop
Buying A Business
Buying Into The Senior Care Industry: Opportunities Worth Looking Into
How To Sell A Business
Selling A Business Online - Common Mistakes To Avoid
Business Purchase Financing
Tips And Ideas For Financing A Business Purchase
Buying A Business
The Laundry Lease And Its Effect On The Laundromat Valuation
Buying A Business
Coin Laundries For Sale - What Buyers Need To Know