Asian Fusion Grill Restaurant in Irvine

Irvine, CA
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Asking Price:$160,000
Established Year:2020
ASSET SALES DESCRIPTION

Grill Restaurant in Irvine

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#1008
Area: Irvine
Asking Price: $160,000
Rent: $6,834.17 (This base rent is adjusted to the fair market rent)
NNN: $1,551.75
Percentage Rent: 8%
Security Deposit: $6,679.75
Lease Term: 2 years + 36 months
Size: 1,041 sq. ft.
Seating Capacity: 20 (Inside) + shared patio space
Liquor License: N/A
Reason for Selling: The close proximity of the two business locations could lead to cannibalization.

This restaurant space is located in prime Irvine, surrounded by many great tenants in the same shopping center and anchored by a well-known Asian market. The space is perfect for any Quick Service Restaurant (QSR) concept, and all of the furniture, fixtures, and equipment are in excellent condition. The restaurant features a 9 foot-long hood, grease trap interceptor, walk-in cooler, and more. Potential buyers should have substantial restaurant experience and a strong financial background. Not suitable for hot chicken, Poke, Coffee, Bakery, Chinese noodles, Dim sum, or Korean BBQ concepts.


DETAILED INFORMATION
Location
Irvine, CA
Facilities
9 foot-long hood Grease trap interceptor Walk-in cooler and more.
Financing
Cash Only
Reason for Selling
The close proximity of the two business locations could lead to cannibalization.
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