Prime location in Pasadena! Favorable lease terms with a Beer And Wine!
By wpengine
Asking Price
$110,000
SDE
N/A
Industry
Restaurant and Food
Location
Pasadena
#1006
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 3/14/2030
Option Lease Term: Negotiable, subject to the landlord’s consent.
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.
Internal ID
1006
Year Established
2020
Financing Notes
Cash Only
FF&E
$30,000
FF&E Included
Yes
Inventory Included
No
Reason for Selling
Retirement
Facilities & Assets
Type 41 (Beer & Wine) license.
Hood: 10 feet,
Walk-in cooler
Walk-in freezer (Broken) 2 x ADA compliant restroom
Asking Price
$110,000
SDE
N/A
Industry
Restaurant and Food
Location
Pasadena
#1006
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 3/14/2030
Option Lease Term: Negotiable, subject to the landlord’s consent.
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.
Internal ID: 1006
Year Established: 2020
Financing Notes: Cash Only
FF&E: $30,000
FF&E Included: Yes
Inventory Included: No
Reason for Selling
Retirement
Facilities & Assets
Type 41 (Beer & Wine) license.
Hood: 10 feet,
Walk-in cooler
Walk-in freezer (Broken) 2 x ADA compliant restroom
Japanese Restaurant Consulting Inc.
777 South Alameda St, FL 2, Los Angeles, CA 90021
Phone: (310) 339-1734, Email: info@jrc-usa.com
Prime location in Pasadena! Favorable lease terms with a Beer And Wine!
Asking Price
$110,000
SDE
N/A
Industry
Restaurant and Food
Location
Pasadena
#1006
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 3/14/2030
Option Lease Term: Negotiable, subject to the landlord’s consent.
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.
Internal ID
1006
Year Established
2020
Financing Notes
Cash Only
FF&E
$30,000
FF&E Included
Yes
Inventory Included
No
Reason for Selling
Retirement
Facilities & Assets
Type 41 (Beer & Wine) license.
Hood: 10 feet,
Walk-in cooler
Walk-in freezer (Broken) 2 x ADA compliant restroom
"Worked with JRC Advisors and was amazed with the knowledge and professionalism that they offered."
M.H.
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If you are considering selling your business while it is still on track, wanting to open a restaurant in the California area please feel free to contact us!
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