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$ 280,000
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$ 280,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID SC26149371
HOA Y/N No
Property Description
Excellent opportunity to acquire an established restaurant business in Santa Maria. Magic Dragon Asian Cuisine is located in Landmark Square at 800 Broadway #105, a recognizable commercial location with strong exterior signage and convenient access. The business occupies a spacious restaurant setting with multiple dining areas, private dining room potential, banquet-style seating, booths, round tables, and traditional Asian-inspired décor.
Sale includes business goodwill, furniture, fixtures, equipment, and other business assets included in the sale, subject to seller approval and final purchase agreement. The restaurant features a full commercial kitchen with stainless-steel prep areas, cooking equipment, storage, and service areas suitable for dine-in, takeout, catering, and event-style food service. The business also has an ABC Type 41 beer and wine license, subject to transfer approval by the California Department of Alcoholic Beverage Control and all applicable requirements.
The layout offers flexibility for lunch and dinner service, group dining, private events, catering, online ordering, and beer/wine beverage service opportunities. Buyer may continue the existing restaurant concept or bring a new approved concept, subject to landlord approval, licensing, permits, ABC approval, and applicable regulations.
Financial information, lease details, equipment list, license information, and showings are available through the listing agent with signed confidentiality agreement and seller approval. Buyer to verify all business, financial, lease, licensing, ABC license transferability, permit, equipment, square footage, and operational information to buyer's satisfaction.
Sale includes business goodwill, furniture, fixtures, equipment, and other business assets included in the sale, subject to seller approval and final purchase agreement. The restaurant features a full commercial kitchen with stainless-steel prep areas, cooking equipment, storage, and service areas suitable for dine-in, takeout, catering, and event-style food service. The business also has an ABC Type 41 beer and wine license, subject to transfer approval by the California Department of Alcoholic Beverage Control and all applicable requirements.
The layout offers flexibility for lunch and dinner service, group dining, private events, catering, online ordering, and beer/wine beverage service opportunities. Buyer may continue the existing restaurant concept or bring a new approved concept, subject to landlord approval, licensing, permits, ABC approval, and applicable regulations.
Financial information, lease details, equipment list, license information, and showings are available through the listing agent with signed confidentiality agreement and seller approval. Buyer to verify all business, financial, lease, licensing, ABC license transferability, permit, equipment, square footage, and operational information to buyer's satisfaction.
Location
State CA
County Santa Barbara
Area Smia - Santa Maria
Interior
Fireplace No
Others
Tax ID 125191001
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Listed by Katherine Hudson SLO Broker & Associates 805-235-1305, DRE #01977474
NEARBY SCHOOL & BUSINESS
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