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11900 South Street , #110

Cerritos, CA 90703
  • $150,000
  • STATUS: Active
  • ON SITE: 75 Days
  • MLS #: WS22049018
UPDATED: 34 min ago
$150,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Business Opportunity
County:

School Ratings & Info

Listing Agent(s): Arthur Huang of Pinnacle Real Estate Group (626-382-1688)


Description

This turnkey restaurant business is a rare find opportunity in the famous city of Cerritos on the South Street. Convenient location, Great location, Money Making location. Location is close to 605 Fwy. High visibility from inside and out. Excellent location with plenty of plaza parking spaces and traffic. Anchor tenants include Meet Fresh, Sharetea, Magic Touch Bullet Train Sushi, Snowflakes etc. 80-seat capacities with two restrooms, large kitchen, huge parking lot. City permits and licenses are up to date. Bright natural sunlight raises the energy at all times. Huge income potential. The restaurant currently offers an eclectic menu with Asian Hot Pot Cuisine experience that receives rave reviews from patrons. The contemporarily designed ambiance provides dining and entertainment pleasure attracting steady customers. Sale includes all FF&E. This is a truly unique opportunity to step into a steady and busy turnkey restaurant setting. Restaurant may be converted to a different concept with landlord's approval. This sale is well priced and represents real value. Trade name is not included in sale. Call today for more information.Business Highlights: *Restaurant Name: Pot On Fire Cerritos, Established since 2019 *Intersections of South Street & Pioneer Blvd., Lincoln Station Plaza in city of Cerritos, Anchor Tenants: Meet Fresh, Sharetea, Magic Touch Bullet Train Sushi, Snowflakes etc. *Restaurant may convert to a different concept with the landlord's approval. *80-Seat Capacities. Lease expiration is April 2029 with two 5-year options. *2 Restrooms, Capable for Beer & Wine license *Open Ceiling, Water Bar, Bright Natural Light Inside & Out, Huge plaza parking lot *Grease interceptor, 30+ feet wide hood, Big kitchen, 1 Walk-in Cooler, 1 Walk-in Freezer *Lots storage spaces, Large preparation area, Office Space *Average monthly gross sales is approximately $60,000 with 3 F.T. & 10 P.T. Employees *Asset Sale. Trade name is not included in sale.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-26T19:33:55.463. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/126615434
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11900 South Street , #110 Cerritos, CA 90703

  • Price: $150,000
  • Status: Active
  • On Site: 75 Days
  • Updated: 34 min ago
  • MLS #: WS22049018
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
RA - Cerritos North of 91 Frwy
County:
Los Angeles
Area:
RA - Cerritos North of 91 Frwy
Property Description
This turnkey restaurant business is a rare find opportunity in the famous city of Cerritos on the South Street. Convenient location, Great location, Money Making location. Location is close to 605 Fwy. High visibility from inside and out. Excellent location with plenty of plaza parking spaces and traffic. Anchor tenants include Meet Fresh, Sharetea, Magic Touch Bullet Train Sushi, Snowflakes etc. 80-seat capacities with two restrooms, large kitchen, huge parking lot. City permits and licenses are up to date. Bright natural sunlight raises the energy at all times. Huge income potential. The restaurant currently offers an eclectic menu with Asian Hot Pot Cuisine experience that receives rave reviews from patrons. The contemporarily designed ambiance provides dining and entertainment pleasure attracting steady customers. Sale includes all FF&E. This is a truly unique opportunity to step into a steady and busy turnkey restaurant setting. Restaurant may be converted to a different concept with landlord's approval. This sale is well priced and represents real value. Trade name is not included in sale. Call today for more information.Business Highlights: *Restaurant Name: Pot On Fire Cerritos, Established since 2019 *Intersections of South Street & Pioneer Blvd., Lincoln Station Plaza in city of Cerritos, Anchor Tenants: Meet Fresh, Sharetea, Magic Touch Bullet Train Sushi, Snowflakes etc. *Restaurant may convert to a different concept with the landlord's approval. *80-Seat Capacities. Lease expiration is April 2029 with two 5-year options. *2 Restrooms, Capable for Beer & Wine license *Open Ceiling, Water Bar, Bright Natural Light Inside & Out, Huge plaza parking lot *Grease interceptor, 30+ feet wide hood, Big kitchen, 1 Walk-in Cooler, 1 Walk-in Freezer *Lots storage spaces, Large preparation area, Office Space *Average monthly gross sales is approximately $60,000 with 3 F.T. & 10 P.T. Employees *Asset Sale. Trade name is not included in sale.
Exterior Features

Sign On Property YN No

Interior Features

Building Features Phone System

Property Features

Additional Parcels YN No Business Name Pot On Fire Cerritos Business Type Restaurant Leasable Area 2425 Lease Assignable YN Yes Lease Renewal Option YN Yes Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Total Actual Rent 7750



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-26T19:33:55.463. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Arthur Huang of Pinnacle Real Estate Group (626-382-1688)