Restaurant Asset Sale with Alcohol License in Downey, CA

This listing presents a prime opportunity for an asset sale of a restaurant located in Downey, California. The sale includes all existing equipment and fixtures in 'as-is' condition, making it ideal for a buyer looking to rebrand or establish a new concept. The indoor space spans 2,123 sqft and accommodates 45 patrons, complemented by an additional 20-seat outdoor patio area available free of charge. A significant asset included is the Type 41 Beer & Wine License, a valuable permit for any food and beverage establishment. The property boasts a fully-equipped kitchen with two walk-in refrigerators, ample parking, and convenient access to major freeways (605 and 5). The lease terms are favorable, with a start date of February 10, 2014, an initial 10-year period, and two subsequent 5-year options, with rent at $7,922 plus NNN of $3,524.18, subject to a 15% increase every 5 years. The reason for selling is personal.