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For Sale Restaurant In Azusa, Los Angeles County, CA

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Contact: Mo Sharifi at 310-529-3199, 310-529-3199 - Log In To Message/Email This Contact
Last Revised: 10/9/19. Posting #: 256736
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Asset Sale  
Key Words: cafe, meditteranean, ethnic, los angeles, azusa, asset, convert
Financial Info: Asset Sale. Price: $35,000. Down: $35,000. Lease: $1,500/month with a renewal option with the same rent. 30 months left on the first 5-years lease. Tenant pays electricity and water. FF&E is worth approximately $20,000.
Profile: This is an asset sale only. Outstanding, spacious and turnkey restaurant available immediately. Located on the busy commercial corridor of Azusa on Foothill Blvd with approximately 27,000 car traffic count per day. The restaurant was operated as an all Mediterranean Grill. The size is approximately 20'x47' total 940 sq. ft.

Lease: $1,500/month with a renewal option with the same rent
30 months left on the first 5-years lease,
Tenant pays electricity and water.
Air conditioning installed less than a year ago.
FF&E is worth approximately $20,000
A great start-up restaurant for an owner-user.
All permits are current.

Space highlights:
- Located on Foothill Blvd
- Space is in turnkey condition
- Lots of parking
- Great signage opportunity
- Available immediately
- Excellent street visibility
- Air conditioning

Professional Resources & Contacts To Help You Close Your Deal!

Contact: Shalonda Chappel at 951-808-3972, 951-808-3972 (Cell)   Log In To Message/Email This Contributor
Profile: Escrow services to brokers & agents, owner/sellers, & buyers. Established 43 years. Extraordinary service. Experienced with handling difficult transactions. One stop for all your escrow needs: Bulk sales, lien searches, UCC searches, liquor license transfers, publishing & recording services.
Key Words: shalonda chappel-pilgram, town country escrow, escrow, bulk sale, bulk sales, escrows, liquor license transfers, lien search, lien searches, los angeles, orange, riverside, san bernardino, san diego, imperial
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Contact: Willard Michlin at 805-428-2063   Log In To Message/Email This Contributor
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
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Contact: Russell Logan at 703-786-8783, 703-786-8783 (Cell)   Log In To Message/Email This Contributor
Profile: Sugaer is a strategic business advisory firm that helps business owners start and grow great businesses, and exit at maximum value. Our firm works with organizations across the business lifecycle, positioning them to prosper over the long term. Expertise in growth/value building, M&A, due diligence.
Key Words: russell logan, sugaer, business intermediary, mergers and acquisitions intermediary, due diligence, consultant, value building, bakery, cafe
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Contact: Helen Yoo at 626-890-1151   Log In To Message/Email This Contributor
Profile: New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. We believe in long term relationships with our clients. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese.
Key Words: escrow, bulk sale, helen yoo, new century escrow
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Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy

Contributor: Joe Ranieri at 714-292-5448   Log In To Message/Email This Contributor
Profile: For a new business broker or agent, nothing can be more exciting than getting a call off some marketing material from a potential owner/seller who is thinking about selling their small business. Business Broker Joe Ranieri gives sage advice to all business brokers regarding meeting preparation.
Key Words: restaurant, restaurants, orange, cafe, cafes, fast food restaurants, fast food, buffet, joe ranieri, ranieri, business broker, business brokers, retail, los angeles, bakery, food, liquor, market, mart, business broker, business brokers, selling a business, sell a business
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Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
Profile: BizBenNetwork Senior Facilitator Manager Jordan Green discusses the preparation that is needed by business owner/sellers to ensure a successful sale of their business. Jordan also shares tips to help sellers minimize the risk of ruining potential deals and hurting the value of their business.
Key Words: selling your business, sellers, business owner seller, sell a business, confidentiality, training, jordan green
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Contributor: Peter Siegel, MBA at 925-701-8064 X313   Log In To Message/Email This Contributor
Profile: Business sellers and brokers & intermediaries utilize disclaimers on postings to help protect themselves from potential liability during and after the sale of a business. Our Facilitators are asked frequently, "What is a good example of disclaimer text to utilize in a Posting?" We share examples.
Key Words: disclaimer, disclaimers
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Contributor: John Byrne at 954-296-0566   Log In To Message/Email This Contributor
Profile: To prepare your business for sale, business owner sellers need to think like a buyer to reduce risks. John Byrne, CPA, Valuation Expert, and Due Diligence Advisor, shares three factors business owners need to address in order to maximize their business’s value at exit.
Key Words: valuation, business valuation, valuing a business, valuing your business, sell a business, selling a business, sell your business, sellers, john byrne
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Contributor: Joe Ranieri, Business Broker at - Log In To Message/Email This Contributor
Comments & Replies: 1   Topics: buying a business, due diligence
Profile: It's no secret that both small and large restaurant purchases are sometimes tricky to pull off & can be difficult to determine if a deal is a good one to move forward with. BizBenNetwork Members weigh in with critical investigative components & tips of buying a restaurant in the due diligence phase.
Key Words: restaurant, restaurants, due diligence, joe ranieri, cafe, deli, bar, bars, fast food, coffee, sandwich, poke, mexican, asian, cafes, delis
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Contributor: Jordan Green: BBN Facilitator at - Log In To Message/Email This Contributor
Comments & Replies: 2   Topics: buying a business, due diligence
Profile: When buying a restaurant, business buyers must consider a number of critical aspects of the business to determine if the restaurant is a good fit, set up for future success, or requires a concept change instead. BizBenNetwork Senior Facilitator Manager Jordan Green starts this discussion.
Key Words: restaurant, restaurants, jordan green, buyers, buying a business, convert, can convert, asset, asset sale, due diligence
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Contributor: Peter Siegel, BBN Facilitator at - Log In To Message/Email This Contributor
Comments & Replies: 11   Topics: business brokers, buyer representation, buying a business, financing, non SBA loans, SBA loans
Profile: I was asked this question by a buyer: “I’ve been looking for a small business to buy for over a year. Many business brokers are telling me that if you don’t find a business (or at least make an offer on a business) within a year, you’re probably not really serious about buying a business.
Key Words: buying a business, purchase business, business buyers, buyer, buy a business
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