Presenting a rare opportunity to acquire a landmark, fully-equipped restaurant and entertainment venue in the heart of Alhambra. Formerly the site of the legendary Jing Hua Restaurant, a 20-year institution, this expansive property is strategically located in the San Gabriel Valley's premier Chinese community, adjacent to Pasadena and just a short drive from Downtown Los Angeles.
Situated directly across from a high-traffic Costco, this venue boasts unparalleled visibility and is recognized as one of the largest and most professionally outfitted venues in the area. With a history of hosting major events, from "Top 100 DJs" and rap concerts to countless live bands and comedy nights, this is a turnkey solution for an experienced operator ready to launch a flagship destination.WECHAT:stevenhomepage
Key Highlights & Assets:
Extremely Rare Liquor Licenses: The sale includes the highly coveted and difficult-to-obtain combination of Type 47 (On-Sale General for Restaurant) and Type 58 (On-Sale General for Bar/Nightclub) licenses, offering maximum operational flexibility.
Live Entertainment Permit: Fully licensed for live bands, DJs, and dancing, making it a true entertainment destination.
Unparalleled Parking: An expansive, private parking lot with approximately 270 free spaces—an invaluable asset that is virtually impossible to find in the SGV.
Professional A/V Infrastructure: A complete, state-of-the-art sound, lighting, and stage production system is included, ready for immediate use.
Massive, Fully-Equipped Kitchen: A chef's dream kitchen featuring a full equipment line, multiple hoods, refrigerators, freezers, and three large walk-in coolers/freezers.
Turnkey FFE: Sale includes all existing Furniture, Fixtures, and Equipment (tables, chairs, sofas, bar equipment, etc.).
Lease & Financials:
Asking Price: $179,000 (79,000+100,000)
Square Footage: Approx. 7,647 sq. ft.
Current Rent: Approx. $26,000 / month (Includes NNN - Tenant to verify)
Lease Term: 1 year remaining on the current term, with two (2) five-year options to renew, providing long-term security.
Please Note: The sale price does not include the security deposit, existing liquor inventory, or personal antiques and art decorations.
Ad#:2405819