Restaurant Asset Sale – Prime Location / Alcohol License
Asset Sale Description
Restaurant Asset Sale located in a prime commercial area of Garden Grove.
The restaurant is located in a high-traffic strip center in an area with strong Korean, Vietnamese, and Hispanic communities. It is an End-Cap unit offering good visibility and accessibility. The plaza is also home to a variety of restaurants, creating a strong restaurant cluster that helps attract customer traffic.
The space is currently operating as a restaurant and is approximately 2,100 sqft with about 48 seats. A new owner can utilize the existing restaurant facilities and equipment and bring in their own business name, menu, and restaurant concept.
This can be a great opportunity for someone looking to start a new restaurant concept while taking advantage of an existing restaurant build-out rather than building out a restaurant space from scratch.
Property Information
*Approximately 2,100 sqft
*Approximately 48 seats
*Monthly rent: $10,037 (including CAM)
*Annual rent increase: 4%
*Lease through September 2033
*Security Deposit: One month’s rent
*End-Cap location in a strip center
*Existing restaurant facilities and equipment
*Alcohol License included
This offering is structured as an Asset Sale and does not require the buyer to continue operating under the existing business name or menu. The buyer can bring in their own business name and menu and operate the location as a new restaurant concept.
The space may be suitable for buyers considering Korean, Japanese, Asian, or other restaurant concepts.
The restaurant is located in a high-traffic strip center in an area with strong Korean, Vietnamese, and Hispanic communities. It is an End-Cap unit offering good visibility and accessibility. The plaza is also home to a variety of restaurants, creating a strong restaurant cluster that helps attract customer traffic.
The space is currently operating as a restaurant and is approximately 2,100 sqft with about 48 seats. A new owner can utilize the existing restaurant facilities and equipment and bring in their own business name, menu, and restaurant concept.
This can be a great opportunity for someone looking to start a new restaurant concept while taking advantage of an existing restaurant build-out rather than building out a restaurant space from scratch.
Property Information
*Approximately 2,100 sqft
*Approximately 48 seats
*Monthly rent: $10,037 (including CAM)
*Annual rent increase: 4%
*Lease through September 2033
*Security Deposit: One month’s rent
*End-Cap location in a strip center
*Existing restaurant facilities and equipment
*Alcohol License included
This offering is structured as an Asset Sale and does not require the buyer to continue operating under the existing business name or menu. The buyer can bring in their own business name and menu and operate the location as a new restaurant concept.
The space may be suitable for buyers considering Korean, Japanese, Asian, or other restaurant concepts.
About the Sale
- Seller Motivation
- Owner would like to take a break
- Financing
- Full cash
Listing Info
- ID
- 2476581
- Listing Views
- 288
Listing ID: 2476581 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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