Vegetarian Restaurant in Monterey Park Atlantic Times Square

Monterey Park, CA
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Asking Price:$220,000
Rent:$12,000/Month
Gross Revenue:$1,300,000
Established Year:2005
BUSINESS DESCRIPTION

This Vegetarian restaurant is a rare find opportunity in the city of Monterey Park. Convenient location, Great location, Money Making location in THE ATLANTIC TIMES SQUARE of Monterey Park where is close to 10 FWY. The location currently offers eclectic menu with unique Vegetarin cuisine that receives rave reviews from patrons. The contemporary designed ambiance provides entertainment pleasure attracting steady customers. High visibility from inside and out. Excellent location with plenty of plaza parking spaces and foot traffic. Anchor tenants include Daiso, 24 Hour Fitness, AMC Atlantic Times Square 14, Sunmerry Bakery, OneZo etc. 3,700 sq.ft. spaces with approximately 120 seat capacities, two restrooms and a large kitchen (1000+ sq.ft.). City/County licenses and Health permits 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 real value. Trade name may be included in the sale. Call today for more information.

Please Do Not disturb anyone at the business location.

Business Highlights:
*Established since 2005, Current Owner since 2017
*ATLANTIC TIMES SQUARE of Monterey Park, Atlantic Blvd exit from 10 FWY
*Lease expiration is Jan 2026, Annual Rent Increase 3.38%
*Grease interceptor, Large Kitchen (1000+ sq.ft.), Walk-in Cooler & Freezer
*Open Ceiling, Water Bar, Bright Natural Light Inside & Out, Huge plaza parking lot
*Approximately 120 Seat Capacities, 2 Restrooms
*5 FT & 15 PT employees, Monthly Gross: $80,000+
*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
Monterey Park, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,700
Lease Expiration
31/01/2026
Employees
20
Reason for Selling
Other Business Plan
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Arthur
Huang
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Arthur Huang