Alhambra business for sale

Asking Price$299,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Alhambra business for sale


Asking Price$299,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
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: $299,000
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.
Listing Info
ID
2405819
Listing Views
482

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Business Listed by: Ring Xia ReMax Galaxy

Listing ID: 2405819 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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