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$200,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26189060
HOA Y/N No
Property Description
South El Monte – Established Cantonese Restaurant with Beer & Wine License
Rare opportunity to acquire a well-established Cantonese restaurant in South El Monte with years of accumulated customer loyalty, strong local reputation, and stable business.
Asking Price: $200,000
Size: Approx. 1,000 SF
Rent: $4,250/month
CAM: None
Gross Sales: Approx. $80,000/month
License: Type 41 Beer & Wine
Concept: Traditional Cantonese cuisine
The restaurant benefits from a low operating footprint and strong sales volume relative to its size. The surrounding area has a large daytime working population, with numerous warehouses, supermarkets, auto-related businesses, and other commercial operations, providing a consistent customer base.
The current owner is willing to provide training and transition support to help the new owner smoothly take over the operation and retain existing customers.
With approximately $80,000 in monthly gross sales, no CAM charges, an existing Type 41 license, and an established customer base, this is a strong turnkey opportunity in a market where comparable small restaurant opportunities with beer and wine licenses are difficult to find.
Rare opportunity to acquire a well-established Cantonese restaurant in South El Monte with years of accumulated customer loyalty, strong local reputation, and stable business.
Asking Price: $200,000
Size: Approx. 1,000 SF
Rent: $4,250/month
CAM: None
Gross Sales: Approx. $80,000/month
License: Type 41 Beer & Wine
Concept: Traditional Cantonese cuisine
The restaurant benefits from a low operating footprint and strong sales volume relative to its size. The surrounding area has a large daytime working population, with numerous warehouses, supermarkets, auto-related businesses, and other commercial operations, providing a consistent customer base.
The current owner is willing to provide training and transition support to help the new owner smoothly take over the operation and retain existing customers.
With approximately $80,000 in monthly gross sales, no CAM charges, an existing Type 41 license, and an established customer base, this is a strong turnkey opportunity in a market where comparable small restaurant opportunities with beer and wine licenses are difficult to find.
Location
State CA
County Los Angeles
Area 657 - So. El Monte
Interior
Fireplace No
Others
Acceptable Financing Cash
Listing Terms Cash
Read Less Info
Listed by Andrew Li AMERIWAY REALTY andrelee0222@gmail.com, DRE #02071187
Nearby School & Business
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