1,000sf Restaurant for Sale in Santa Monica (Near SMC)

Santa Monica, CA (Los Angeles County)

1,000sf Restaurant for Sale in Santa Monica (Near SMC)
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Asking Price: Get Financing: $98,000

Cash Flow: N/A

Gross Revenue: $365,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: $5.70 /SF/Month

Established: N/A

1,000sf Restaurant for Sale in Santa Monica (Near SMC)

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Business Description

Newly remodeled Korean restaurant for sale. Located in a busy plaza which crosses the street from Santa Monica City College and Santa Monica High School within walking distance. Business opens from Monday to Friday 10 am to 9 pm and Saturday 11 am to 9 pm. Closes on Sundays. 1 part-time and 2 full-time employees can easily run the business. $5,700/month gross rent includes NNN, water, and trash. 4 and half year lease term + one 5 years option. Approximately 1,000sq.ft. Great and stable monthly income. Other existing businesses at the same plaza are Mediterranean food restaurant, Boba milk tea & snack store, pizza restaurant, cheesecake store, etc..Showing by appointment only. Please contact Ching Wong at 626-688-5697 for any questions and appointment. Please do not disturb employees and customers.

Detailed Information

Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
N/A
Employees:
3
Facilities:
Home Based
Reason for Selling:
Family issues
Home-Based:
This business is Home-Based
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Contact the Seller

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Karin Qiu

Business Listed By:
Karin Qiu

United Real Estate Pacific

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Sponsoring Broker:
Phoebe Wang

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