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500 N Atlantic Boulevard , #121

Monterey Park, CA 91754
  • $130,000
  • STATUS: Active
  • ON SITE: 133 Days
  • ID#: WS24134659
Price Reduced
UPDATED: 29 min ago
$130,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

Listing Agent(s): Arthur Huang of Pinnacle Real Estate Group (626-888-9808)


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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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-12T10:28:27.203. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Schwaegerle Team | Keller Williams Realty Central Coast. Licensed in the State of California, USA.
www.soldslocounty.com/homes/152215620
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500 N Atlantic Boulevard , #121 Monterey Park, CA 91754

  • Price: $130,000
  • Status: Active
  • On Site: 133 Days
  • Updated: 29 min ago
  • ID#: WS24134659
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
641 - Monterey Park
County:
Los Angeles
Area:
641 - Monterey Park
Property 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.**
Property Features

Additional Parcels YN No Building Name Atlantic Time Square Business Type BakeryDeli/CateringFood & BeverageFast FoodIce Cream/Frozen YogurtRestaurant Leasable Area 1014 Lease Assignable YN Yes Lease Renewal Option YN Yes Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Total Actual Rent 5924



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-12T10:28:27.203. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Schwaegerle Team | Keller Williams Realty Central Coast. Licensed in the State of California, USA.
 
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The Schwaegerle Team | Keller Williams Realty Central Coast
350 James Way #130
Pismo Beach CA, 93449
Listing Agent(s): Arthur Huang of Pinnacle Real Estate Group (626-888-9808)