$500,000

120 W Sierra Madre Boulevard

Sierra Madre CA, 91024

Description

Sierra Fusion, an asian-fusion restaurant located in the prime downtown Sierra Madre area. Great foot traffic, turnkey restaurant with catering and food truck business. Outdoor seating, plenty of parking. Lease ends in 9/2022 with one 5-year option. Business is profitable during pandemic shutdown period. Owner is moving out of state.Sale includes:-Liquor license: 47 (beer wine liquor for restaurant, patio, parking lot) and 58 (for catering)-Restaurant business: Business hours: Mon-Sat: 3pm 9 pm; Happy hours: 3-5 pm; Breakfast, lunch, or Sunday dining for parties only. -Catering business: 2 existing contracts-Food Truck: go to big events, LA wine festival, national brewers, etc. Staff: 14 employees. 7 full time and 7 part time. Every employee is cross trained.Training: Owner will stay up to 2 weeks for training (included in the sale). Financials available upon request.

Details

MLS#WS20262220
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1947
Days On Site69

Features

Acreage0.23
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Area Information
StateCA
CountyLos Angeles
CitySierra Madre
Zip Code91024
Area656 - Sierra Madre
Listing VS Median (in 91024)
Price:
$500,000
low | high
Med:
$1,049,000
59.8% of Average
On Site:
69
low | high
Med:
85
81.176470588235% of Average
Sourced by Back At You
Listing Updated: February 8, 2021 8:28:48 AM PST
JENNIE CHING LogoMLS Number: WS20262220
Listing Provided By:
JENNIE CHING  of  KW Executive
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