Turnkey Mediterranean Restaurant for Sale in Downey, CA

This is a turnkey Mediterranean restaurant located in Downey, California, offering a prime opportunity for entrepreneurs. Established in 2014, this asset sale features a commercial-grade kitchen equipped with restaurant-grade appliances, two walk-in refrigerators designed for high-volume operations, and a transferable Type 41 Beer & Wine License. The business also boasts a spacious patio area, ideal for outdoor dining, a significant advantage in Southern California. The monthly rent is $7,922 plus NNN ($3,424), with predictable cost increases of 15% every five years. The initial lease term began in 2014 for 10 years, with two additional 5-year options available, providing potential occupancy through 2034. Financing details will be fully disclosed upon NDA agreement. The owner is selling to pivot towards a larger venture, ensuring a streamlined handover process that includes asset inventory and manuals, licensing assistance for the Type 41 license, and a list of current vendor contacts for seamless continuity. This operation is perfect for entrepreneurs seeking a proven concept with minimal startup hassle or existing restaurateurs looking to expand their portfolio.