3142 W. Balboa Blvd, Newport Beach, California 92663

$580,000

Property Type

Business Opportunity

City

Newport Beach

Status

Active

Established Chinese Restaurant for Sale – Newport Beach – Walk to the Beach Excellent opportunity to acquire an established, fully improved Chinese restaurant in a prime Newport Beach location, within walking distance to the beach. The restaurant occupies approximately 2,083 SF of interior space, plus a spacious private outdoor patio at no additional rent. The space features an attractive dining room, open kitchen / dumpling preparation area, full commercial kitchen, bar / beverage service area, and complete restaurant equipment. The current concept specializes in Xiao Long Bao, dumplings, and Chinese cuisine. Highlights include approximately 3 years and 2 months remaining on the current lease, plus two additional 5-year extension options. Rent information is available upon request. Lease assignment is subject to Landlord approval. Please do not disturb the business, employees, or Landlord. Showings are by appointment only. All information is deemed reliable but not guaranteed. Buyer to independently verify all information during due diligence.