945 Norma St Ridgecrest, CA 93555-5530
Golden Dragon Restaurant, a thriving establishment in Ridgecrest, California, presents a remarkable investment opportunity. This turnkey restaurant has enjoyed a successful 37-year history at its current location, 945 N Norma St, within a vibrant commercial area alongside other profitable businesses. The sale includes all assets necessary for immediate operation: inventory (list forthcoming), machinery, furniture, fixtures, equipment, the fictitious business name, trade name logos, signs, phone numbers, websites, text number, vendor list, and existing computer and software. The business currently occupies three leased spaces totaling 3,315 square feet. Lease terms are net, and negotiations with the building owner are possible for continued tenancy. This is a rare chance to acquire an established, profitable restaurant with a long-standing reputation in a desirable location. The asking price is $99,000. The property is zoned for commercial use and located in Kern County, CA, zip code 93555. This presents a unique opportunity for a seasoned restaurateur or an investor seeking a proven, established business. The sale includes all existing assets, allowing for a seamless transition and immediate commencement of operations. Don't miss this chance to own a piece of Ridgecrest's culinary history.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.