For Sale
$162,500

950 Colorado BlvdPasadena, CA 91106

Established Venezuelan Eatery, Liquor License Included

Overview

Added:
Feb 3
Days on market:
61
This thriving Venezuelan restaurant, located at 950 Colorado Boulevard Unit 103 in Pasadena, CA, presents a unique business acquisition opportunity. Boasting a prime location near the renowned Rose Parade route, this well-established eatery has operated successfully for over eight years, building a loyal customer base drawn to its exquisite cuisine and alcoholic beverages. The 1200 square foot space features a fully remodeled interior and attractive outdoor seating, complemented by convenient free parking directly behind the building. A Type 41 Liquor License is included in the sale price of $162,500. The current lease extends to October 2027, with a five-year option available. Monthly rent is $7300, inclusive of NNN charges. The kitchen is exceptionally clean and well-equipped, featuring an electric cooking griddle, freezer, and display refrigerator, making for a seamless transition for a new owner. The sale includes all existing restaurant equipment. Please note that the landlord has restrictions on the type of restaurant that can operate in this plaza

Property Details for 950 Colorado Blvd

Property type
Investment properties

Location Insight

City
Pasadena
County
Los Angeles
State
California
Latitude
34.14553
Longitude
-118.1305
950 Colorado Blvd, Pasadena, California

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950 Colorado Blvd
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