15911 Pomona Rincon Road

Chino Hills, CA 91709

$240,000

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Property Description

This restaurant is a rare find opportunity in the city of Chino Hills. Convenient location, Great location, Money Making location in THE RINCON of Chino Hills where is close to 71 FWY. The location currently offers eclectic menu with unique Vietnamese cuisine that receives rave reviews from patrons. The contemporary designed ambiance provides entertainment pleasure attracting steady customers. High visibility from inside and out. Excellent location with plenty of plaza parking spaces and foot traffic. Anchor tenants include Wendy's, 7 Leaves Cafe etc. 1643 sq.ft. spaces with 48-80 seat capacities, two restrooms and a large kitchen (500+ sq.ft.). Type 41 Beer&Wine license is included in the sales. City/County/ABC permits and licenses are up to day. Sale includes all FF&E. This is a truly unique opportunity to step into a steady and busy turn-key restaurant business setting. Restaurant may be converted to a different concept with landlord's approval. This sale is well priced and represents real value. Trade name may be included in the sale. Call today for more information. Business Highlights:  *Restaurant Name: Lemongrass Bistro, Established since 2019*THE RINCON of Chino Hills, Intersections of Soquel Canyon Pkwy & Pomona Rincon Rd*Lease expiration is April 20209 with one 5-year option, Annual Rent Increase 3% *Current Lease Rate: $6379.77/month, CAM: $1,232.25/month *Grease interceptor, big kitchen (500+ sq.ft.), Lots storage spaces, walk-in cooler & freezer *Open Ceiling, Water Bar, Bright Natural Light Inside & Out, Huge plaza parking lot *48-80 Seat Capacities, 2 Restrooms, Type 41 Beer&Wine license *3 full time & 14 part time employees, Monthly Payroll $10,000 *Business Asset Sale. Trade name may be included in the sale. *Restaurant may convert to a different concept with the landlord's approval.

Listing Information

Close Price $240,000
Close Date Monday, August 26th, 2024
Status Closed
MLS WS23155506
Type Business
Lot Size N/A
Structure Size N/A
DOM 139
Courtesy Of Pinnacle Real Estate Group
Listing Agent ARTHUR HUANG DRE#01856494

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Listing information courtesy of: ARTHUR HUANG, Pinnacle Real Estate Group 626-321-4788. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 12:53 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.