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9777 S Chapman Avenue

Garden Grove, CA 92841
  • $210,000
  • STATUS: Active
  • ON SITE: 35 Days
  • ID#: PW21239538
UPDATED: 42 min ago
$210,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS

School Ratings & Info

Listing Agent: James Tram of Pacific Palm Realty & Funding


Description

Great Business Opportunity to own "King Paradise" a Vietnamese Cuisine Restaurant. Located in a huge shopping center in the city of Garden Grove, next to Regal Cinema by Chapman Ave. and Brookhurst Street. Very good cash flow. Gross sales approximately $42,000 monthly. Open 6 days a week from 10am-9pm. Establishment in October 2020 and was totally remodeling. It comes with fully equipped kitchen with a walk-in freezer, one standard freezer and 5 refrigerators. One drink fridge, 2 ovens, 6 cook tops, 1 grill, 1 fry, 1 microwave and 1 ice maker. The new owner may keep the current menu. Still have 4 years of current lease and 5 years option. Willing to train and very motivated.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-08T18:28:19.307. 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 Zember Realty Group. Licensed in the State of California, USA.
www.zemberrealtygroup.com/homes/122958799
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9777 S Chapman Avenue Garden Grove, CA 92841

  • Price: $210,000
  • Status: Active
  • On Site: 35 Days
  • Updated: 42 min ago
  • ID#: PW21239538
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
62 - Garden Grove N of Chapman, W of Euclid
County:
Orange
Area:
62 - Garden Grove N of Chapman, W of Euclid
Property Description
Great Business Opportunity to own "King Paradise" a Vietnamese Cuisine Restaurant. Located in a huge shopping center in the city of Garden Grove, next to Regal Cinema by Chapman Ave. and Brookhurst Street. Very good cash flow. Gross sales approximately $42,000 monthly. Open 6 days a week from 10am-9pm. Establishment in October 2020 and was totally remodeling. It comes with fully equipped kitchen with a walk-in freezer, one standard freezer and 5 refrigerators. One drink fridge, 2 ovens, 6 cook tops, 1 grill, 1 fry, 1 microwave and 1 ice maker. The new owner may keep the current menu. Still have 4 years of current lease and 5 years option. Willing to train and very motivated.
Exterior Features

Sign On Property YN No

Property Features

Additional Parcels YN No Business Name King Paradise Business Type Restaurant Leasable Area 3000 Lease Assignable YN Yes Lease Renewal Option YN Yes Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Operating Expense 324000 Total Actual Rent 7200



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-08T18:28:19.307. 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 Zember Realty Group. Licensed in the State of California, USA.
 
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Zember Realty Group
1125 Linda Vista Dr.
San Marcos CA, 92078
Listing Agent: James Tram of Pacific Palm Realty & Funding