Business For Sale

Old Pasadena Restaurant - Prime Colorado Blvd.!

Pasadena, CA
Los Angeles County


Asking Price: Annual Revenue:
$125,000 $420,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Old Pasadena Restaurant - Prime Colorado Blvd.! Broker: Ryan Clark

Quick Facts

Asking Price: $125,000
Annual Revenue: $420,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016
Employees: Not Disclosed
BBN Listing #: 52004929
Broker Reference #: PasSweet

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Business Overview:

This Old Pasadena venue is an extraordinarily attractive a prime Colorado Boulevard retail storefront with a spacious kitchen. The fully equipped facility is suitable to host another bakery or any number of general food service concepts including coffee, quick service, dine-in or take-out restaurant or even a catering-oriented concept.

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Property Features and Assets:

The 2,193 square foot facility leases for $9,600 per month including common area maintenance (CAM) expenses on a lease with coverage through 7/31/2026 with 1 five year option. The kitchen has 4 convection ovens, a stovetop and 2 bucket deep fryer, along with several prep tables, a fridge and freezer and a 3 bucket since. It also has a spacious dry storage area, a walk-in cooler and freezer and a manager’s office. All of the business’s furniture, fixtures and equipment will be included in the sale. The name, menu and recipes will not be included, however, another similar concept may certainly capitalize on the location’s goodwill.

Market Competition and Expansion:

Since Old Pasadena boasts a bustling food scene there is no shortage of competing food options, however, this location has become synonymous with the exquisite high-quality food items that the current proprietor offers. The location’s inviting storefront with prime street front visibility, ease of accessibility and nearby parking structures, and spacious kitchen provide it several advantages over competition. New operators may take this attractive venue in any number of directions as it’s versatile layout, sizeable hood, spacious food preparation area and large walk-in cooler and freezer can be readily adapted to any number of concepts.

Reason for Selling:

Personal

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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