$365,000.00
Asking Price
Address: Pasadena,
Status: Active
Posting ID: 283880
11/16/23
Description
Welcome to an exciting opportunity to own and operate a thriving Mediterranean restaurant, featuring a delightful combination of traditional and modern Mediterranean cuisine. Located in Pasadena's prime location, this restaurant has been a beloved fixture for 30 years.
Key Details:
Location: Pasadena, California
Rent: $6,147, including NNN
Occupancy: Indoor space for 40, outdoor space for 18, with a combined CUP (Conditional Use Permit) of 71.
Size: Spacious 1,882 square feet of restaurant space.
Lease Term: Extends until May 21, 2026.
Well-Equipped Kitchen:
The kitchen is fully equipped with essential appliances, including a Kabab Maker, Refrigerators, a 20ft hood, Kabab grill, and Two Fryers.
Additional amenities include a Walk-in Cooler.
Seamless integration with various delivery services: Uber, Doordash, GrubHub, FoodJa, and Easy Catering.
Operated by a dedicated team of 6 employees.
Beer and Wine CUP:
The business has tentative CUP approval to obtain a beer and wine license
Key Features:
The current owner has successfully managed the business since 2019.
Comfortable indoor environment ensured by a 5-ton AC system and two swamp coolers.
The lease includes an option for an additional 5 years, with the base rent to be determined.
Serving two local bars periodically.
Operating Hours:
Tuesday to Thursday: 10:30 am to 9:00 pm
Friday and Saturday: 10:30 am to 10:00 pm
Sunday: 10:30 am to 9:00 pm
Reason for Sale: The current owner is selling the business due to health reasons.
To get more information about this Mediterranean Restaurant business for sale in Pasadena please phone Steve Hovakimyan (Broker - BRE License #:01363908) at 818-845-5551 818-209 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #283880 on BizBen.com. In addition to phoning Steve Hovakimyan, make sure you email Steve Hovakimyan above to get more info about this Mediterranean Restaurant, to ask any questions or request an appointment to see this business for sale. Thank you. City Center Realty Group.
Contact
Details
Asking Price: $365,000.00
Down: Call/Email
Cash Flow: Call/Email
Revenue: Call/Email
Area: Pasadena
City: Pasadena
Attributes:
My Notes About This Listing
Bldg Size
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Typical Floor Size
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Year Built
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Cash flow
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Down
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Revenue
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Cash flow
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Revenue
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Down
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Revenue
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Down
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Revenue
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Down
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