Prime location in Pasadena! Favorable lease terms with a Beer And Wine!
By wpengine
Asking Price
$130,000
SDE
N/A
Industry
Restaurant and Food
Location
Pasadena
#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 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
March 2020
Financing Notes
Cash Only
FF&E
$30,000
FF&E Included
Yes
Inventory Included
No
Reason for Selling
Retirement
Facilities & Assets
Hood: 10 feet,
Walk-in cooler
Walk-in freezer (Broken) 2 x ADA compliant restroom
Type 41 (Beer & Wine) license.
Market & Competition
This restaurant is located on the busy S Arroyo Pkwy. There is Tader Joes, CVS, Marshalls, and Shake Shack nearby.
Growth & Expansion
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. Also, the current base rent is way lower than the market rent so that buyers can take advantage of this.
Asking Price
$130,000
SDE
N/A
Industry
Restaurant and Food
Location
Pasadena
#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 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: March 2020
Financing Notes: Cash Only
FF&E: $30,000
FF&E Included: Yes
Inventory Included: No
Reason for Selling
Retirement
Facilities & Assets
Hood: 10 feet,
Walk-in cooler
Walk-in freezer (Broken) 2 x ADA compliant restroom
Type 41 (Beer & Wine) license.
Market & Competition
This restaurant is located on the busy S Arroyo Pkwy. There is Tader Joes, CVS, Marshalls, and Shake Shack nearby.
Growth & Expansion
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. Also, the current base rent is way lower than the market rent so that buyers can take advantage of this.
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
$130,000
SDE
N/A
Industry
Restaurant and Food
Location
Pasadena
#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 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
March 2020
Financing Notes
Cash Only
FF&E
$30,000
FF&E Included
Yes
Inventory Included
No
Reason for Selling
Retirement
Facilities & Assets
Hood: 10 feet,
Walk-in cooler
Walk-in freezer (Broken) 2 x ADA compliant restroom
Type 41 (Beer & Wine) license.
Market & Competition
This restaurant is located on the busy S Arroyo Pkwy. There is Tader Joes, CVS, Marshalls, and Shake Shack nearby.
Growth & Expansion
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. Also, the current base rent is way lower than the market rent so that buyers can take advantage of this.
"Worked with JRC Advisors and was amazed with the knowledge and professionalism that they offered."
M.H.
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