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500 N Atlantic Blvd
For Sale $130,000
$130,000
- Units
- Unknown Sq Ft
- Unknown Sq Ft
- Unknown Cap Rate
Description
This quick service restaurant is a rare find business opportunity. Convenient location, Great location, Money Making location in the Atlantic Times Square of Monterey Park, right next to AMC Theater. This location is close to 10 & 60 Fwy. Anchor businesses are 24 Hour Fitness, OneZo Boba, Daiso Japan, SunMerry Bakery, Meet Fresh and etc. The restaurant currently offers eclectic menu with unique dessert, coffee tea, ice cream and Korean street food that receives rave reviews from patrons. The contemporary designed ambiance provides entertainment pleasure attracting steady customers. High visibility from inside and out. Excellent location with plenty of plaza parking and foot traffic. Kitchen equipped with Ventless Hood. 33 seats capacities with one restroom. City permits and licenses are up to day. Sale includes all FF&E. This is a truly unique opportunity to step into a steady and busy turn-key restaurant setting. Restaurant may be converted to a different concept with landlord's approval. This sale is well priced and represents real value. Trade name may be included in the sale. Call today for more information.
Business Highlights:
*Restaurant Name: Street Churros, Established since 2019
*Lease expires July 2026, Annual Rent Increase 3%
*Current Lease Rate: $5,924/month, CAM: $837/month
*33 Max Seat Capacities, 1 Restroom
*1 FT & 6 PT Employees, Annual Gross: $450,000
*Trade name may be included in the sale.
*Restaurant may convert to a different concept with the landlord's approval.
***PLEASE DO NOT DISTURB EMPLOYEES!!! Call today for more information.**
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $130,000 |
| Property Type | Business |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 0 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 5256017021 |
| MLS # | WS24134659 |
| Property ID | 320632147 |
| Lot Sqft | Unknown |
| Zoning | Unknown |
| Days on Market | 149 |
| Original List Price | $180,000 |
| Date Updated | October 29, 2024 |
| Date Created | July 01, 2024 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $5,924 | $0 |
Listing Provided By
ARTHUR HUANG an agent of . Lic #01856494
© 2024 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of October 29, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT