Restaurant on Route 66

Asking Price: $ 325,000 OR OFFER.
Type of Business: Restaurant on Route 66
Location: Los Angeles County
Hours of Operation: up to you
Gross Sales: $ not open, Asset Sale
Adjusted Net Profit: $ not open, Asset Sale
Total Rent: $ 10,000 / mo. year 2 & 3 rent increases $1000 / mo. The 2.5% annually
NNN: $ 1760 / mo
Length of Lease: 10 years
Options: 10 years.
Sq. Ft. 5800
Occupancy: 167 inside & 48 in patio.
Number of Employees:
Full time: N/A      Part-time:
Payroll: $ N/A
Insurance: $ N/A
Gas: $ N/A
Electric: $ N/A
Water: $ N/A
Phone: $ N/A
Trash: $ N/A
Internet and TV: N/A
Cost of goods: N/A
Business description.

This is a closed large restaurant with great visibility on a Major Blvd. on route 66. Nice area, border of Claremont. The place is new inside, 4 new electronic menu boards, televisions, POS system, dual mirrored cook line (2 identical side by side cook lines, grills, fryer, etc), lots of storage, beautiful inside & out. It is at the point where all the entitlements are there & only finishing touches need to be done & ready to open. Can be used as a sit down fast food, any ethnic food, or a good old diner type restaurant. Purchase price is a lot less than the cost of building one out & equipping it. Great location in high traffic count area at a signalized corner. Beautiful large location waiting for a new tenant. Nice landscaping. Nice area at the border of Claremont & La Verne. Must See to appreciate. The limitations here are endless, dual menus, multiple concepts, diner, etc. Huge parking lot, outside surveillance,new POS, ready to go. Land may be available for sale as well.