- Status:
- Active
- Prop. Type:
- Business Opportunity
- MLS® Num:
- AR23213976
- Photos (4)
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Presently an upscale tea beverage shop in super convenient location of DTLA. The new concept tea shop has been known as Cha Redefine and generated significant followers for high quality tea beverage in greater LA area. This is not a franchise opportunity so buyer can use different trade name other than the present trade name. The space was completely renovated in early 2021 to bring the highest quality craft and design to a beverage shop, and the complete built out is over 160k plus over 40k equipment included in the asking price. The existing lease is structured as NNN of $395/month and base rent of $4120/month with 3% increase annually, the last two months are rent free. Current lease will be expired on October 2025 with the option to extend additional 60 months (to 2031). This is truly a singular exceptional business opportunity for any beverage entrepreneurs/investors looking to expand their business in downtown LA.
- Business Type:
- Food & Beverage
- Business Name:
- Cha Redefine
- Business Established Year:
- 2019
- Hours Open:
- Open -8 Hours/Day, Open Monday-Friday, Open Saturday, Open Sunday
- Seating Capacity:
- 25
- Bathrooms:
- - (Full:-, Half:-)
- General Listing Location:
- Los Angeles, C16 - Mid Los Angeles
- County Or Parish:
- Los Angeles
- Total Actual Rent:
- $49,440
- Intersection of S Spring St and W 5th St
- Inclusions:
- all equipment, leasehold improvement
- Features Excluded:
- Cha Redefine branding related inventories, patent, trademark, etc.
- Lease Assignable:
- Yes
- Leasable Area:
- 1,030 sq. ft.
- Lease Renewal Option:
- Yes
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Listed by Urban Realty Group
Data was last updated December 6, 2023 at 04:40 AM (UTC)
- BILLY LONG
- 1 (310) 663-1177
- Contact by Email
Based on information from California Regional Multiple Listing Service, Inc. as of December 6, 2023 at 04:40 AM (UTC) and/or other sources.
All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS.
All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.