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For Sale

$200,000

70 days on market

9510 Garvey Avenue

South El Monte, CA 91733

· 8% down, 7% APR, 30yr fixed

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Listing narrative

Description

South El Monte – Established Cantonese Restaurant with Beer & Wine License Rare opportunity to acquire a well-established Cantonese restaurant in South El Monte with years of accumulated customer loyalty, strong local reputation, and stable business. Asking Price: $200,000 Size: Approx. 1,000 SF Rent: $4,250/month CAM: None Gross Sales: Approx. $80,000/month License: Type 41 Beer & Wine Concept: Traditional Cantonese cuisine The restaurant benefits from a low operating footprint and strong sales volume relative to its size. The surrounding area has a large daytime working population, with numerous warehouses, supermarkets, auto-related businesses, and other commercial operations, providing a consistent customer base. The current owner is willing to provide training and transition support to help the new owner smoothly take over the operation and retain existing customers. With approximately $80,000 in monthly gross sales, no CAM charges, an existing Type 41 license, and an established customer base, this is a strong turnkey opportunity in a market where comparable small restaurant opportunities with beer and wine licenses are difficult to find.

Listing agent (MLS): Andrew Li · Listing brokerage (MLS): AMERIWAY REALTY

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$200,000

Beds

Beds n/a

Type

Commercial

Home Size

Sqft n/a

Baths

Baths n/a

Year

Year n/a

Status

For Sale

Days on Market

70

· 8% down, 7% APR, 30yr fixed
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Courtesy of AMERIWAY REALTY