Trophy condition of 2nd Gen Restaurant in Chinatown
By wpengine
Asking Price
$50,000
SDE
N/A
Industry
Restaurant and Food
Location
DTLA Chinatown
#1012
Area: DTLA Chinatown
Asking Price: $50,000
Rent: $7,380.68
NNN: $1,930.21
Rent increase: 3% annual adjustment
Security Deposit: $30,000
Lease Term: 9/30/2031
Size: 1,543 sq. ft.
Seating Capacity: 35
Reason for Selling: Focusing on other stores
Parking: On-site parking with two-hour validation
This asset sale offers a unique opportunity to acquire a fully equipped restaurant established in September 2023. Priced at $50,000, it includes all fixtures, furniture, and equipment, minimizing upfront costs for the buyer. The business benefits from a diverse customer base, ample seating, and growth potential through catering services and the possibility of obtaining an ABC license for alcohol sales, making it ideal for aspiring restaurateurs.
Internal ID
1012
Year Established
September 2023
Financing Notes
Cash Only
FF&E Included
Yes
Real Estate Included
No
Reason for Selling
Focusing on other stores
Facilities & Assets
Fully functional kitchen
35 seats
ADA restrooms
On-site parking
3 Type 1 hoods
Grease trap interceptor
Walk-in cooler
Market & Competition
High foot traffic in Chinatown (residential, office, tourist demographics). Proximity to downtown LA. Competitive building with many established brands.
Growth & Expansion
Catering services and alcohol sales (ABC license) opportunities. Landlord applying for Conditional Use Permit (CUP) for expansion.
Asking Price
$50,000
SDE
N/A
Industry
Restaurant and Food
Location
DTLA Chinatown
#1012
Area: DTLA Chinatown
Asking Price: $50,000
Rent: $7,380.68
NNN: $1,930.21
Rent increase: 3% annual adjustment
Security Deposit: $30,000
Lease Term: 9/30/2031
Size: 1,543 sq. ft.
Seating Capacity: 35
Reason for Selling: Focusing on other stores
Parking: On-site parking with two-hour validation
This asset sale offers a unique opportunity to acquire a fully equipped restaurant established in September 2023. Priced at $50,000, it includes all fixtures, furniture, and equipment, minimizing upfront costs for the buyer. The business benefits from a diverse customer base, ample seating, and growth potential through catering services and the possibility of obtaining an ABC license for alcohol sales, making it ideal for aspiring restaurateurs.
Internal ID: 1012
Year Established: September 2023
Financing Notes: Cash Only
FF&E Included: Yes
Real Estate Included: No
Reason for Selling
Focusing on other stores
Facilities & Assets
Fully functional kitchen
35 seats
ADA restrooms
On-site parking
3 Type 1 hoods
Grease trap interceptor
Walk-in cooler
Market & Competition
High foot traffic in Chinatown (residential, office, tourist demographics). Proximity to downtown LA. Competitive building with many established brands.
Growth & Expansion
Catering services and alcohol sales (ABC license) opportunities. Landlord applying for Conditional Use Permit (CUP) for expansion.
Japanese Restaurant Consulting Inc.
777 South Alameda St, FL 2, Los Angeles, CA 90021
Phone: (310) 339-1734, Email: info@jrc-usa.com
Trophy condition of 2nd Gen Restaurant in Chinatown
Asking Price
$50,000
SDE
N/A
Industry
Restaurant and Food
Location
DTLA Chinatown
#1012
Area: DTLA Chinatown
Asking Price: $50,000
Rent: $7,380.68
NNN: $1,930.21
Rent increase: 3% annual adjustment
Security Deposit: $30,000
Lease Term: 9/30/2031
Size: 1,543 sq. ft.
Seating Capacity: 35
Reason for Selling: Focusing on other stores
Parking: On-site parking with two-hour validation
This asset sale offers a unique opportunity to acquire a fully equipped restaurant established in September 2023. Priced at $50,000, it includes all fixtures, furniture, and equipment, minimizing upfront costs for the buyer. The business benefits from a diverse customer base, ample seating, and growth potential through catering services and the possibility of obtaining an ABC license for alcohol sales, making it ideal for aspiring restaurateurs.
Internal ID
1012
Year Established
September 2023
Financing Notes
Cash Only
FF&E Included
Yes
Real Estate Included
No
Reason for Selling
Focusing on other stores
Facilities & Assets
Fully functional kitchen
35 seats
ADA restrooms
On-site parking
3 Type 1 hoods
Grease trap interceptor
Walk-in cooler
Market & Competition
High foot traffic in Chinatown (residential, office, tourist demographics). Proximity to downtown LA. Competitive building with many established brands.
Growth & Expansion
Catering services and alcohol sales (ABC license) opportunities. Landlord applying for Conditional Use Permit (CUP) for expansion.
"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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