Restaurant - Downtown Chinatown

For sale is a state-of-the-art restaurant space in downtown Long Beach with a lot of foot traffic. The size is 2,400 sq. ft. There is a large event space in the back that can hold 100 or more people. It currently has a very healthy menu but can support any menu. All FF&E dates from 2016 and are in perfect condition and it has an excellent long-term lease with rent at under $2/Sq. It has a lot of public parking and over $500k invested into improvements. The landlord will offer assistance with the takeover. The seller is very motivated and says submit all offers. This site is ideal for a bakery.

#1332852 Area: Long Beach Asking Price: $98,000 Base Rent: $1,850 (NNN is included) Rent increase: N/A Security Deposit: N/A Lease Term: Until 3/31/2027 + (2) 5 years option Size: 1,300 sq. ft. (Buyer needs to verify) Seating Capacity: 28 Parking: Street parking Liquor License: 41 (On-Sale Beer & Wine) Reason for Selling: Focusing on other things Tangible Asset Sale with a type 41 liquor license! This is one of the best lease terms I've ever encountered! The base rent is exceptionally affordable, with no annual increases until the current lease expires. The kitchen is well-equipped, featuring a 9-foot hood, a grease trap, and kitchen equipment in excellent condition. Don't miss this incredible opportunity!

#1008 Area: Irvine Asking Price: $160,000 Rent: $6,834.17 (This base rent is adjusted to the fair market rent) NNN: $1,551.75 Percentage Rent: 8% Security Deposit: $6,679.75 Lease Term: 7/31/2027 Size: 1,041 sq. ft. Seating Capacity: 20 (Inside) + shared patio space Liquor License: N/A Reason for Selling: The close proximity of the two business locations could lead to cannibalization. This restaurant space is located in prime Irvine, surrounded by many great tenants in the same shopping center and anchored by a well-known Asian market. The space is perfect for any Quick Service Restaurant (QSR) concept, and all of the furniture, fixtures, and equipment are in excellent condition. The restaurant features a 9 foot-long hood, grease trap interceptor, walk-in cooler, and more. Potential buyers should have substantial restaurant experience and a strong financial background. Not suitable for hot chicken, Poke, Coffee, Bakery, Chinese noodles, Dim sum, or Korean BBQ concepts.

#1011 Area: Abbot Kinney Blvd in Venice Asking Price: $350,000 + inventory  Annual Sales (2024): $1,286,407 Annual SDE (2024): $112,161 Rent: $11,305 NNN: $1,295 Lease Term: Until February 28, 2028 Size: 900 sq ft Number of Employees: 15 Business Established: 1995 Reason for selling: Current owner is relocating Acquire a 28-year-old pizzeria renowned for its signature bagel-crust pizzas and loyal customer base. This turnkey operation generates $1.28M annual revenue (2024) with $112K SDE, supported by minimal marketing costs. Operated absentee with 15 staff and a long-term lease secured through 2028. Prime location in a high-traffic commercial corridor ensures steady demand. Growth opportunities include digital marketing, third-party delivery expansion, and menu innovation. Offered at $350K + inventory. Ideal for operators or investors seeking a scalable, low-overhead business. For sale because the seller is relocating. Confidential details provided upon signed NDA. 

#1013 Area: Oxnard Asking Price: $120,000 Base Rent: $2,311.89 NNN: $820 Rent increase: 2% - 5% CPI adjustment Security Deposit: $3,060 Lease Term: 2/14/2029 Size: 1,400 sq. ft. Seating Capacity: 36 Liquor License: Type 41 Reason for Selling: Divestment Parking: On-site This asset sale offers an opportunity featuring a fully equipped 1,400 sqft space with a seating capacity of 36. The lease runs until February 2029, with predictable operating costs. The new owner can capitalize on recent growth by targeting the Navy base crowd and extending operating hours, with minimal investment required for adaptation or rebranding.

#1003 Area: DTLA (Near Fashion District) Asking Price: $95,000 Base Rent: $8,158.50 Annual Rent Increase: 5% NNN charges: $400 (Water) Security Deposit: $22,200 Lease expiration date: End 11/1/2026 Premises size: 1,300 sq ft Seating Capacities: 40 Liquor License: 41 (On-Sale Beer & Wine) Reason for selling: Focusing on other concepts This turnkey restaurant is located in the heart of Los Angeles and was established in 2017. This prime location near bars and nightlife venues ensures high visibility and foot traffic, making it an attractive investment opportunity. The restaurant features a Type 41 liquor license, a well-maintained 1,300 sq ft premises with a 40-seat capacity, and a fully equipped kitchen, ready for immediate operation. There is a growth opportunity to extend business hours and capture the late-night crowd. The space is flexible and welcomes a variety of dining themes. With minimal competition in the immediate area, this opportunity offers significant growth potential and profitability for investors seeking a lucrative venture in the restaurant industry.

#1228261 Area: West LA Asking Price: $220,000 Rent: $7,426.30 (NNN included) Yearly Increase: 3% Security Deposit: $28,000 Lease Term: Until September 30, 2026 + (1) 5 years Size: 1,911 sf (Inside) + 386 sf (Enclosed patio) Liquor License: 41 (On-Sale Beer & Wine) Seating Capacities: 45 + 12 Reason for selling: Current concept does not work. The seller is open to subleasing these assets at a fixed charge of $2,000 p/m. This restaurant, nestled in a prime neighborhood in West LA, exudes elegance and charm. Only a few years ago, the current owner invested approximately $700,000 to construct this stunning establishment. The restaurant features a splendid sushi counter, an exquisite enclosed patio area, and a top-of-the-line kitchen in impeccable condition. Complemented by high-quality furniture and fixtures, it guarantees a memorable dining experience. With the current Conditional Use Permit (CUP), alcohol can be served daily from 10am to 11pm. Don't miss out on this gastronomic gem!

#1006 Area: Pasadena Asking Price: $130,000 Base Rent: $4,040.61 Rent Increase: 4% NNN: $1,044.59 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, situated on bustling S Arroyo Pkwy, offers a fantastic investment opportunity. The current low base rent provides significant upside potential for savvy investors. The current owner is opening a business for only 5 days due to a health issue. Opening more days and extending business hours are a great idea to accommodate more customers. With a flexible lease term and the possibility of extended hours, this business can be tailored to maximize profits.