969 South Glendora Av A, West Covina, CA 91790

$200,000 Approx. USD 0 beds, 0 baths

Agent Remarks

This sale presents a unique opportunity to own a reputable turn-key restaurant cafe business: the recently-established West Covina location of the wildly-popular Factory Tea Bar franchise (look on Yelp for more details). The business has already invested $200K+ into improvements since it's inception in 2015, and will also include inventory equal to ~$10K in the sale. Gross income averages $20K+/month, with significant upside potential from better active management and marketing. Additionally, the owner is willing to consider a 50% joint venture partnership option for those seeking to be either active managers or silent investors. The business occupies the foremost front corner entrance of the Hong Kong Plaza located at 969 S. Glendora Ave, West Covina, CA 91790. The location is extremely ideal--directly adjacent to a signalized intersection, alongside the primary thoroughfare of Glendora Ave. Please note that the real estate is not included in the sale.

Listing Details

Property type: (Commercial)
Status: Active
MLS# AR16701266
List price is $200,000
Beds: 0
Baths: 0
County: Los Angeles
MLS area: 669 - West Covina

Last Updated: 9/21/2016

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This listing belongs to the 669 - West Covina MLS area

Lat/Long: 34.058250, -117.935592.
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Broker: Courtesy of Alliance Realty Corporation
Listing Agent: William

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