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Natalie Miranda
marketing@thewhipplegroup.com$ 180,000
Est. payment | /mo
$ 180,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25165657
HOA Y/N No
Property Description
The Clam House is a well-established charcoal BBQ restaurant located at the high-traffic corner of the popular Fatty Ding Square in Monterey Park. Neighboring the busy restaurants such as Boiling Point, MoMo Bakery, YinTang Spicy Hot Pot. This 1,100 SF space features seven charcoal grill tables, each equipped with its own hood, and Beer & Wine License. Monthly sales are consistently between $40,000 and $50,000, with reported annual revenue of $600,000 to $700,000 last two years and net profit around $100,000. Rent is $4,400/month (excluding water and trash), and utilities range from $700 to $1,000/month. Currently operated six days a week by an owner-operator who is ready to retire, this is a rare opportunity to take over a profitable concept in a prime location with room for growth.
Location
State CA
County Los Angeles
Area 641 - Monterey Park
Interior
Fireplace No
Others
Tax ID 5255007005
Listed by Sitong Liu CBD Investment Inc T.C. 626-238-8968
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Natalie Miranda
Marketing Director | License ID: 02122928