18938 Labin Court , A109

    Rowland Heights, CA 91748
    • $420,000
    • STATUS: Active
    • ON SITE: 10 days
    • ID#: TR19210885
    UPDATED: 44 min ago
    $420,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    Great Opportunity to own a Profitable Chinese Restaurant in the sought after Pearl of the East Plaza in Rowland Heights. Fully equipped Asian food restaurant with an interior space about 4800 sq/ft with 80 seating capacity plus 2 private Banquet room. Professional interior design floor plan with custom built wall fixture and large screen television. The business current runs as a Hong Kong Style cuisine but all the tables has built in Hot Pot cookware to fully expand it permitted usage. Kitchen and Dining staff fully trained and will stay over at transfer. There is still a 5+5 lease option offering plus it has one of the lowest rent in Rowland heights for such new building. Ownership is a corporation that has numerous other restaurant running and therefore planning expansion toward the West Los Angeles area instead. If interested we can provide detail financial information after viewing the property first.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-15T11:32:23.307. 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 Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/98619837

    18938 Labin Court , A109 Rowland Heights, CA 91748

    • Price: $420,000
    • Status: Active
    • Updated: 44 min ago
    • ID#: TR19210885
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    652 - Rowland Heights
    County:
    Los Angeles
    Area:
    652 - Rowland Heights
    Property Description
    Great Opportunity to own a Profitable Chinese Restaurant in the sought after Pearl of the East Plaza in Rowland Heights. Fully equipped Asian food restaurant with an interior space about 4800 sq/ft with 80 seating capacity plus 2 private Banquet room. Professional interior design floor plan with custom built wall fixture and large screen television. The business current runs as a Hong Kong Style cuisine but all the tables has built in Hot Pot cookware to fully expand it permitted usage. Kitchen and Dining staff fully trained and will stay over at transfer. There is still a 5+5 lease option offering plus it has one of the lowest rent in Rowland heights for such new building. Ownership is a corporation that has numerous other restaurant running and therefore planning expansion toward the West Los Angeles area instead. If interested we can provide detail financial information after viewing the property first.
    Interior Features

    Seating Capacity 80

    Property Features

    Accounting Type Actual Additional Parcels YN No Building Area Units Square Feet Business Type Restaurant Country Us Gross Operating Income 1400000.00 Leasable Area 4760.00 Leasable Area Units Square Feet Number Of Full Time Employees 10 Number Of Part Time Employees 9 Reason For Selling Moving Toward Other Project Year Established 2015 Years Current Owner 4

    Listing provided courtesy of Oliver Yang of Remax Edge


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-15T11:32:23.307. 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 Allison James Estates and Homes. Licensed in the State of California, USA.
     
    Allison James Estates and Homes
    31213 Temecula Parkway
    Temecula CA, 92592