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Pasadena, Los Angeles County, California
Prime location in Pasadena! Favorable lease terms with a Beer And Wine!
Asking Price
$110,000
Revenue
Call/Email
Down
$110,000
Cash Flow
Call/Email
Description
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
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.
Business Details
Year Established:
2020
FE&E:
FF&E list will be provided
Reason for sale:
Retirement
Property Information
Size in Square Feet:
1,255 sqft
Lease Terms:
Until 14 March 2030
Premises Details:
Site parking, on-site parking
Lease & Tenant Information
Lease Options:
$4,202
Posting Information
Posting ID:
4943484
Business Category:
Restaurants & Food
Business Types:
Full Service, Dine-In Restaurant
Sushi Restaurant
Japanese Restaurant
Attributes:
License (Liquor, etc.)
Tangible Assets Sale Only
Send NDA Request
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Posting Title
Prime location in Pasadena! Favorable lease terms with a Beer And Wine!
Posting ID
#4943484
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NDA Signed Successfully!
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Agent, Broker or Seller Contact
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