Restaurant Asset Sale in El Monte, CA

This listing details an asset sale for a restaurant located in El Monte, California. The business operates from a 1,530 sqft space with seating for approximately 30 patrons, situated within a high-traffic shopping plaza anchored by a major supermarket. The kitchen is fully equipped with essential restaurant equipment, including a hood system, walk-in cooler, and gas range, enabling immediate operation for the new owner. The current owner is retiring, leading to this sale. The location is versatile and suitable for a wide range of restaurant concepts. Key business details include a monthly rent of $4,750 plus $1,350 in CAM charges, with a 3% annual increase. The lease has 4 years remaining, with a 5-year option. The average monthly sales are approximately $25,000. The asking price for this asset sale is $85,000.