Asian Seafood / Dim Sum Restaurant at a Prime Location in Arcadia

Arcadia, CA
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Asking Price:$650,000
Rent:$28,500/Month
Gross Revenue:$2,400,000
Established Year:1992
BUSINESS DESCRIPTION

Seize the opportunity to own a well-established and popular Asian Seafood and Dim Sum restaurant in the bustling city of Arcadia. This turn-key business offers a unique chance to step into a steady operation with a loyal customer base and significant growth potential. Situated in a high-traffic area of Arcadia, the restaurant benefits from excellent visibility and accessibility. The location attracts both locals and visitors, ensuring a steady flow of customers. Known for its authentic Seafood dishes and delectable Dim Sum, the restaurant enjoys a strong reputation in the community. It has garnered positive reviews and a dedicated following. The restaurant features a spacious dining area, 6,872 sq.ft. space, 3 private rooms, 1 party room with 5-6 tables, 2 restrooms, office and a large kitchen. The interior is well-maintained and includes comfortable seating for 137 capacities. The kitchen is fully equipped with essential appliances and fixtures, including walk-in cooler and freezer. This setup supports efficient and high-volume service. The premises include an adjacent food court / to-go space. Type 41 Beer&Wine license is included in the sales. City/County/ABC permits and licenses are up to day. Sale includes all FF&E. This is a truly unique opportunity to step into a steady and busy turn-key restaurant business setting. Restaurant may be converted to a different concept with landlord's approval. This sale is well priced and represents its real value. Trade name may be included in the sale. Please Do Not disturb any employee at the business location.

Business Highlights:
*Established in 1992, Current owner since 2015
*Lease expiration is Jan 2028, Annual Rent Increase 2.50%
*Current Lease: $28,500.00/month, CAM: Included
*Grease interceptor, Lots storage spaces, Large kitchen w/ walk-in cooler & freezer
*Open Ceiling, Water Bar, Huge plaza parking lot
*137 Seat Capacities, 2 Restrooms, 3 private rooms, 1 party room with 5-6 tables,
*ABC Type 41 Beer&Wine license
*15 full time & 6 part time employees, Monthly Gross: $200k+
*Business Asset Sale. Trade name may be included in the sale.
*Restaurant may convert to a different concept with the landlord's approval.


ATTACHED DOCUMENTS
Confidentiality Agreement Download

DETAILED INFORMATION
Location
Arcadia, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
6,872
Lease Expiration
31/01/2028
Employees
21
Reason for Selling
Other business plan
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Arthur
Huang
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Arthur Huang