3Rd Ave Chula Vista, CA 91911

This thriving Filipino restaurant in Chula Vista, CA, is offered for sale at $120,000. Established in 2022 and renovated the same year, this 1,200 square foot, single-story building sits on a lot ranging from 1,200 to 2,000 square feet and operates under a 10-year NNN lease (commencing May 15, 2022, expiring May 15, 2032), with 7.5 years remaining. The lease includes an outdoor seating area and features a 3% annual rent increase. Currently operating at 100% occupancy, the business boasts monthly sales of $9,000 and annual sales of $108,000 (based on current operational hours: Wednesday-Sunday, 11 AM-6 PM). The sale includes all kitchen equipment (range, fryer, refrigerators), a Type 41 beer and wine license, and approximately $5,000 in food inventory. Additional monthly expenses include approximately $3,500 in rent, $800 in SDG&E, $3,000 in payroll for three employees, $80 in phone service, and $125 for grease trap maintenance. Annual insurance costs are approximately $3,400. The seller will provide short-term training