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5751 E Pacific Coast Hwy #E3

Long Beach, CA 90803
  • $100,000
  • STATUS: Active
  • ON SITE: 28 Days
  • ID#: PW24051488
$100,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
2022
County:

School Ratings & Info

Listing Agent(s): Khuong Nguyen of Frontier Realty Inc (714-782-9299)


Description

Just lowed purchase price from $250,000 to $100,000Pho & Crawfish House benefits from a prime location in Bixby Village Plaza, drawing in approximately 44,800 weekly visitors, ensuring visibility to locals and passersby. With a huge parking lot to serve your clients. Situated near high-traffic intersections such as 7th Street, Bellflower Boulevard, and Pacific Coast Highway, the restaurant attracts commuters, travelers, and locals, with significant vehicle traffic of approximately 95,000 and 60,000 cars daily. Proximity to Target and the VA Medical Center, serving 2,200 employees and 50,000 veterans, enhances the restaurant's appeal. It's strategically positioned for convenience, catering to diverse clientele. Close proximity to California State University, Long Beach, with a sizable student population of around 40,000, offers a steady stream of customers seeking quality dining options. Minutes away from Belmont Shore, renowned for its vibrant atmosphere and dining options, Pho & Crawfish House serves as an attractive destination for residents and visitors alike. Prospective buyers have the opportunity to reimagine the restaurant's concept, leveraging its prime location and existing infrastructure for culinary innovation. Following a successful 2022 renovation resulting in increased sales and profits, Pho & Crawfish House is poised for continued growth and prosperity under new ownership, with the option to acquire existing assets. In summary, Pho & Crawfish House's prime location, strategic positioning, adjacency to key establishments, proximity to educational institutions, convenience to Belmont Shore, flexibility for concept change, and post-renovation success make it an appealing investment opportunity in Long Beach's dynamic dining scene.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-04T00:30:31.55. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/148710777
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5751 E Pacific Coast Hwy #E3 Long Beach, CA 90803

  • Price: $100,000
  • Status: Active
  • On Site: 28 Days
  • ID#: PW24051488
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2022
Built
Neighborhood:
699 - Not Defined
County:
Los Angeles
Area:
699 - Not Defined
Property Description
Just lowed purchase price from $250,000 to $100,000Pho & Crawfish House benefits from a prime location in Bixby Village Plaza, drawing in approximately 44,800 weekly visitors, ensuring visibility to locals and passersby. With a huge parking lot to serve your clients. Situated near high-traffic intersections such as 7th Street, Bellflower Boulevard, and Pacific Coast Highway, the restaurant attracts commuters, travelers, and locals, with significant vehicle traffic of approximately 95,000 and 60,000 cars daily. Proximity to Target and the VA Medical Center, serving 2,200 employees and 50,000 veterans, enhances the restaurant's appeal. It's strategically positioned for convenience, catering to diverse clientele. Close proximity to California State University, Long Beach, with a sizable student population of around 40,000, offers a steady stream of customers seeking quality dining options. Minutes away from Belmont Shore, renowned for its vibrant atmosphere and dining options, Pho & Crawfish House serves as an attractive destination for residents and visitors alike. Prospective buyers have the opportunity to reimagine the restaurant's concept, leveraging its prime location and existing infrastructure for culinary innovation. Following a successful 2022 renovation resulting in increased sales and profits, Pho & Crawfish House is poised for continued growth and prosperity under new ownership, with the option to acquire existing assets. In summary, Pho & Crawfish House's prime location, strategic positioning, adjacency to key establishments, proximity to educational institutions, convenience to Belmont Shore, flexibility for concept change, and post-renovation success make it an appealing investment opportunity in Long Beach's dynamic dining scene.
Exterior Features

Parking Total 30

Property Features

Additional Parcels YN No Building Name Bixby Village Plaza Business Type Restaurant Leasable Area 1860 Lease Assignable YN Yes Lease Renewal Option YN Yes Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Operating Expense 55000



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-04T00:30:31.55. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
 
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Realty ONE Group Empire
13330 Ranchero Rd. Ste 12
Oak Hills CA, 92344
Listing Agent(s): Khuong Nguyen of Frontier Realty Inc (714-782-9299)