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Fully Built-Out Restaurant
For Sale
$495,000

7860 Florence Ave, Downey, CA 90240

Established restaurant business with a full-service bar and flexibility for continued operation or a new concept.

Property SizeContact for details
Days on Market9

Property Features for 7860 Florence Ave

General Information

Standard status Active
Property subtype Business Opportunity

Additional Details

Business Included Yes
Listing Agency: Legaspi Commercial
Listed By: Gil Legaspi · License #01524247
Source: Exprealty
Added: Aug 13 Changed: Aug 20 Last Checked: Aug 20 at 1:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Legaspi Commercial

Investment Insights

Based on property information with market context.

This fully built-out restaurant business has operated since 2017 and combines a steak-and-seafood menu with a full-service bar. The offering includes premium steaks, fresh seafood, mariscos, desserts, craft beer, and signature cocktails, providing a broad food-and-beverage program within one established operation.

The property is located at 7860 Florence Ave in Downey, California. The business has developed a local customer base and is described as family- and dog-friendly. A new owner can continue the existing restaurant concept or adapt the operation to a different vision.

Key Highlights

  • Operating restaurant business established in 2017
  • Full‑service bar with craft beer and signature cocktails
  • Menu features premium steaks, fresh seafood, mariscos, and desserts

Property Analytics

Current Use

Verdugos meats-salads-deserts Restaurant

Suggested Use

Top Pick Parking Lot & Garage Gym & Fitness Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,388
Businesses Nearby
Under-served
Demand for This Use

Demographics for 90240, CA

26,495
Population
8,014
Households
3.3
Avg Household Size
38
Median Age
30%
College-Educated
86%
High-School Grad
3.0 sq mi
ZIP Area
8,832
Density / Sq Mi
$108,860
Median Household Income
$47,823
Median Earnings
$1,966
Median Rent
$764,200
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established restaurant business with a full-service bar and flexibility for continued operation or a new concept.
Where is this conventional restaurant located?
The property is located at 7860 Florence Ave Downey, CA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Operating restaurant business established in 2017; Full‑service bar with craft beer and signature cocktails; Menu features premium steaks, fresh seafood, mariscos, and desserts
More about this property
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