Agent's remarks about 21727 S Western Ave
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. 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.
Map location for 21727 S Western Ave
Directions: From the 405 Freeway exit Western Ave and go South
Listing courtesy of Intero Real Estate Services Fernando Spindola BRE# 01745219
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The property on 21727 S Western Ave, Torrance, CA 90501 is listed for $324,000 as MLS #DW18259174. This 0 bedroom, 0 bathroom sqft built in 0 located in Torrance, CA 90501. For more information regarding this or any other property in Torrance, please contact us at (424) 272-1339.
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