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Pasadena, Los Angeles County, California
Prime location in Pasadena! Favorable lease terms with a Beer And Wine!
Asking Price
$130,000
Revenue
Call/Email
Down
$130,000
Cash Flow
Call/Email
Name: Take Iga
Phone: Show phone number
Name
Take Iga
Phone
Show phone number
Description
Area: Pasadena
Asking Price: $130,000
Base Rent: $4,040.61 /mo
NNN: $1,044.59 /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
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
Lease & Tenant Information
Posting Information
Posting ID:
289302
Attributes:
Absentee Run
Broker Cooperation
License (Liquor, etc.)
Semi Absentee Run
Tangible Assets Sale Only
Send NDA Request
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Once signed, you’ll receive access to confidential business details including the business name, address, and financials.
Posting Title
Prime location in Pasadena! Favorable lease terms with a Beer And Wine!
Posting ID
#289302
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Agent, Broker or Seller Contact
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