9510 Garvey Avenue, South El Monte, CA 91733

$200,000

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List Price
$200,000
Status
ACTIVE
MLS#
CV26189060
Days on Market
13
Property Type
Investment

Property Description

South El Monte – Established Cantonese Restaurant with Beer & Wine License Rare opportunity to acquire a well-established Cantonese restaurant in South El Monte with years of accumulated customer loyalty, strong local reputation, and stable business. Asking Price: $200,000 Size: Approx. 1,000 SF Rent: $4,250/month CAM: None Gross Sales: Approx. $80,000/month License: Type 41 Beer & Wine Concept: Traditional Cantonese cuisine The restaurant benefits from a low operating footprint and strong sales volume relative to its size. The surrounding area has a large daytime working population, with numerous warehouses, supermarkets, auto-related businesses, and other commercial operations, providing a consistent customer base. The current owner is willing to provide training and transition support to help the new owner smoothly take over the operation and retain existing customers. With approximately $80,000 in monthly gross sales, no CAM charges, an existing Type 41 license, and an established customer base, this is a strong turnkey opportunity in a market where comparable small restaurant opportunities with beer and wine licenses are difficult to find.

Additional Information

Attached Structure
Detached

Listing courtesy of Listing Agent: Andrew Li (andrelee0222@gmail.com) from Listing Office: AMERIWAY REALTY.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.