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Listed by JOSE SANCHEZ-ALVAREZ • RE/MAX CHAMPIONS
$120,000
Est. payment /mo
Price Dropped by $40K
ROSECRANS Avenue Norwalk, CA 90650
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV-25044606
Property Description
Established Maxican Restaurant with new name since 2022, but had long been established since more than 10 years ago. Restaurant come with all assets , FF&E's, Employees and lease agreement for the next 2 1/2 years left with option to extend. Great location across from tacos restaurant and gas stations that are very busy traffic area. Perfect for the continuation of the Mexican style food and/or a different concept. There is a lot of potential for growth, especially acquiring the 41 beer and wine or 47 full liquor licenses. Lease space is 1495 sqft and only $2600 a month with a 2% increase a year. This leaves room for more money in your pocket. Access is in the front and end cap with plenty of parking spaces. Occupancy is minimum 40 people. Do not disturb employees nor speak with any employees for any reason. This is an asset sale.
Location
State CA
County Los Angeles
Area M1 - Norwalk