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Chinese Restaurant- Well Established Ad#F497P

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Los Angeles, California

$149,000

Property Details

Beds0 Baths0 Garage0

Property Description

MONTHLY GROSS: $38,000

MONTHLY RENT: $3,600

LEASE TERMS: 2 ½ + NEGOTIABLE WITH LL

CONDITION: $100 INCREASE ANNUALLY.

SIZE: 1,700 SQ. FT.

SEATING CAPACITY: 24

OPEN HOURS: MON-SUN 10:30 AM-8PM.

EMPLOYEES: 4 F.T 1 P.T.

WAGE: $11,000/MO.

 

NOTE:

PARTNERSHIP BREAKUP. BOTH OWNER WORK FULL TIME.

BUSINESS IN SAME LOCATION FOR 12+ YEARS.

WELL ESTABLISH BUSINESS AND CLIENTELE.

HAS PICK UP AND DELIVERY SERVICE.

LOCATED IN A BUSY STRIP MALL.LOTS OF FOOT TRAFFIC.

FRIENDLY LANDLORD.HAS WALK IN COOLER AND FREEZER.

BOTH OWNER WORKS FULL TIME AND TAKE $2,500/MO. EACH SALARY.

USE GRUBHUB, EAT24 AND POSTMATE ETC.

 

NET INCOME: $9,000/MO.

ASKING PRICE: $149,000+INV.

 

Property Type Business

Property Status: For Sale

Property Features

Location

Los Angeles, California

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