Prime location in Pasadena! Favorable lease terms with a Beer & 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, 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.
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, 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.
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 & 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, 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.
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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If you are considering selling your business while it is still on track, wanting to open a restaurant in the California area, or wanting to invest in a restaurant business in order to obtain an E2 visa, please feel free to contact us!
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