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Restaurant - 275 Magnolia Ave. Long Beach CA

Listing was updated at: 06/03/2019
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Property Overview

Price/Rent PSF $ 2,592.00
Asset Type Retail
Trade Type Lease
SQ. FT. Available 1,437
Date Available 06/20/2018
Search Demographic Data
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Description

Purchase price for assignment of lease including all restaurant equipment and improvements is $150,000. The approximate costs in setting up this restaurant was $250,000. This is a prime location in Long Beach in food court connected to the Governor George Deukmejian Courthouse. There is an abundance of daily workers and residential people that will support a quality restaurant. The restaurant can be open 24/7 if it wants to and can serve alcohol beverages subject to getting licensed approved. This is a rare opportunity to take over a turn key operation all ready to go.

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