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$ 395,000
Est. payment /mo
Active
23624 El Toro #D Lake Forest, CA 92630
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR26068869
HOA Y/N No
Property Description
Business Opportunity: Established Chinese Restaurant in Prime Lake Forest Location
Exceptional opportunity to own a high-performing, turnkey restaurant in one of Lake Forest's busiest retail hubs. Located at the high-traffic West/South corner of El Toro Rd & Rockfield Blvd, this establishment enjoys massive visibility and a steady flow of loyal local clientele.
Investment Highlights:
Strong Financials: Consistent performance with annual gross sales nearing $1,000,000.
Security & Stability: Rare long-term lease remaining with 9 years left, providing long-term operational security in a competitive market.
Turnkey Operation: Specializing in popular handmade Xiao Long Bao (Soup Dumplings), authentic dumplings, and classic Chinese cuisine. All equipment, fixtures, and recipes are included.
Prime Location: Situated in a bustling shopping center with ample parking and high-density residential and commercial surroundings.
Operations:
The facility is fully equipped with a professional kitchen designed for high-volume output. Whether you choose to maintain the current successful concept or bring your own culinary vision, the foundation for success is already built.
Reason for Sale:
The current owner is highly motivated but must sell due to other business commitments that prevent them from dedicating the necessary time to this location.
Exceptional opportunity to own a high-performing, turnkey restaurant in one of Lake Forest's busiest retail hubs. Located at the high-traffic West/South corner of El Toro Rd & Rockfield Blvd, this establishment enjoys massive visibility and a steady flow of loyal local clientele.
Investment Highlights:
Strong Financials: Consistent performance with annual gross sales nearing $1,000,000.
Security & Stability: Rare long-term lease remaining with 9 years left, providing long-term operational security in a competitive market.
Turnkey Operation: Specializing in popular handmade Xiao Long Bao (Soup Dumplings), authentic dumplings, and classic Chinese cuisine. All equipment, fixtures, and recipes are included.
Prime Location: Situated in a bustling shopping center with ample parking and high-density residential and commercial surroundings.
Operations:
The facility is fully equipped with a professional kitchen designed for high-volume output. Whether you choose to maintain the current successful concept or bring your own culinary vision, the foundation for success is already built.
Reason for Sale:
The current owner is highly motivated but must sell due to other business commitments that prevent them from dedicating the necessary time to this location.
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Fireplace No
Others
Acceptable Financing Cash
Listing Terms Cash
Listed by Solomon Lao Brighten Real Estate Advisors 626-864-9038, DRE #00997151