• Off Market | 21727 S Western Avenue Torrance, CA 90501 0
  • Off Market | 21727 S Western Avenue Torrance, CA 90501 1
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21727 S Western Avenue

Torrance, CA 90501

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JB Real Estate & Investment Inc.
Real Estate Group
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Description

Huge opportunity for a well kept restaurant that is a staple for the Torrance Area, on a great location only 1 block south of Carson Street on Western Ave. Restaurant has been in business since 1968, current owner has had it for 8 years and counting. Restaurant serves breakfast, Lunch, and a Dinner served all day. Has a 20 foot kitchen hood and 2 restrooms. Have 3 full time employees and 4 part time employees. read more Current total rent is: $5,040. Lease ends on: 3-1-2030, seller has a current 20 year lease. On March 1, 2019 raised a bit. Only 2-3 years it raises. $45,000 sales a month. $8,000 Net income x 12 = $96,000 for both owners working full time 40 hours. Monthly Expenses are: Electricity = $1,200, Water = $530, Gas = $700, Trash = $285, Telephone & Internet = $185, Alarm = $58. Has their own security camera system, which is included in sale. Landlord says = they are open to new business. Has newer fire system, prep counter, commercial blender, slice machine, and refrigerators.

Key Details

Property Info

  • Cost: $324,000
  • Property Sub-Type: Business Opportunity
  • MLS #: DW18259174

Location

21727 S Western Avenue Torrance, CA 90501
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Major Area

Torrance

Torrance is a U.S. city in the South Bay region of Los Angeles County, California. Torrance has 1.5 miles of beaches on the Pacific Ocean.

Agent

JB Real Estate & Investment Inc.
Real Estate Group
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Listing Providers

This listing is courtesy of the listing agent Fernando Spindola (#DWSPIFER), with the office Intero Real Estate Services.

Copyright 2019 California Regional Multiple Listing Service (CRMLS). The information is being provided by California Regional Multiple Listing Service. This information is believed to be accurate but is not guaranteed Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of California Regional Multiple Listing Service. Last updated on May 24th, 2019.

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JB Real Estate & Investment Inc.
Real Estate Group
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