Rosecrans Avenue

Norwalk, CA 90650

$160,000

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Property Description

Established Maxican Restaurant with new name since 2022, but had long been established since more than 10 years ago. Restaurant come with all assets , FF&E's, Employees and lease agreement for the next 2 1/2 years left with option to extend. Great location across from tacos restaurant and gas stations that are very busy traffic area. Perfect for the continuation of the Mexican style food and/or a different concept. There is a lot of potential for growth, especially acquiring the 41 beer and wine or 47 full liquor licenses. Lease space is 1495 sqft and only $2600 a month with a 2% increase a year. This leaves room for more money in your pocket. Access is in the front and end cap with plenty of parking spaces. Occupancy is minimum 40 people. Do not disturb employees nor speak with any employees for any reason. This is an asset sale.

Listing Information

List Price $160,000
Status Active
MLS IV25044606
Type Business
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Courtesy Of RE/MAX CHAMPIONS
Listing Agent JOSE SANCHEZ-ALVAREZ DRE#01475460

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Listing information courtesy of: JOSE SANCHEZ-ALVAREZ, RE/MAX CHAMPIONS . *Based on information from the Association of REALTORS/Multiple Listing as of Feb 28th, 2025 at 9:33 PM 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.