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    120 W Sierra Madre Boulevard

    Sierra Madre, CA 91024
    • $500,000
    • STATUS: Active
    • ON SITE: 69 days
    • ID#: WS20262220
    UPDATED: 56 min ago
    $500,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    Built:
    1947
    County:

    School Ratings & Info

    Description

    Sierra Fusion, an asian-fusion restaurant located in the prime downtown Sierra Madre area. Great foot traffic, turnkey restaurant with catering and food truck business. Outdoor seating, plenty of parking. Lease ends in 9/2022 with one 5-year option. Business is profitable during pandemic shutdown period. Owner is moving out of state.Sale includes:- Liquor license: 47 (beer wine liquor for restaurant, patio, parking lot) and 58 (for catering)- Restaurant business: Business hours: Mon-Sat: 3pm +GG 9 pm; Happy hours: 3-5 pm; Breakfast, lunch, or Sunday dining for parties only. - Catering business: 2 existing contracts- Food Truck: go to big events, LA wine festival, national brewers, etc. Staff: 14 employees. 7 full time and 7 part time. Every employee is cross trained.Training: Owner will stay up to 2 weeks for training (included in the sale). Financials available upon request.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-03T21:31:45.437. 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 Zember Realty Group. Licensed in the State of California, USA.

    www.zemberrealtygroup.com/homes/112845353
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    120 W Sierra Madre Boulevard Sierra Madre, CA 91024

    • Price: $500,000
    • Status: Active
    • Updated: 56 min ago
    • ID#: WS20262220
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    1947
    Built
    Neighborhood:
    656 - Sierra Madre
    County:
    Los Angeles
    Area:
    656 - Sierra Madre
    Property Description
    Sierra Fusion, an asian-fusion restaurant located in the prime downtown Sierra Madre area. Great foot traffic, turnkey restaurant with catering and food truck business. Outdoor seating, plenty of parking. Lease ends in 9/2022 with one 5-year option. Business is profitable during pandemic shutdown period. Owner is moving out of state.Sale includes:- Liquor license: 47 (beer wine liquor for restaurant, patio, parking lot) and 58 (for catering)- Restaurant business: Business hours: Mon-Sat: 3pm +GG 9 pm; Happy hours: 3-5 pm; Breakfast, lunch, or Sunday dining for parties only. - Catering business: 2 existing contracts- Food Truck: go to big events, LA wine festival, national brewers, etc. Staff: 14 employees. 7 full time and 7 part time. Every employee is cross trained.Training: Owner will stay up to 2 weeks for training (included in the sale). Financials available upon request.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Seating Capacity 120

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Business Type Restaurant Country Us Leasable Area 2799.00 Leasable Area Units Square Feet Lease Renewal Option YN Yes Monthly NNN 825 Number Of Full Time Employees 7 Number Of Part Time Employees 7 Reason For Selling Moving Out Of State Total Actual Rent 5222.10 Year Established 2016 Years Current Owner 4

    Listing provided courtesy of Jennie Ching of Kw Executive


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-03T21:31:45.437. 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 Zember Realty Group. Licensed in the State of California, USA.

     
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