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23624 El Toro
For Sale $395,000
$395,000
- Units
- Unknown Sq Ft
- Unknown Sq Ft
- Unknown Cap Rate
Description
Business Opportunity: Established Chinese Restaurant in Prime Lake Forest Location
Exceptional opportunity to own a high-performing, turnkey restaurant in one of Lake Forest’s busiest retail hubs. Located at the high-traffic West/South corner of El Toro Rd & Rockfield Blvd, this establishment enjoys massive visibility and a steady flow of loyal local clientele.
Investment Highlights:
Strong Financials: Consistent performance with annual gross sales nearing $1,000,000.
Security & Stability: Rare long-term lease remaining with 9 years left, providing long-term operational security in a competitive market.
Turnkey Operation: Specializing in popular handmade Xiao Long Bao (Soup Dumplings), authentic dumplings, and classic Chinese cuisine. All equipment, fixtures, and recipes are included.
Prime Location: Situated in a bustling shopping center with ample parking and high-density residential and commercial surroundings.
Operations:
The facility is fully equipped with a professional kitchen designed for high-volume output. Whether you choose to maintain the current successful concept or bring your own culinary vision, the foundation for success is already built.
Reason for Sale:
The current owner is highly motivated but must sell due to other business commitments that prevent them from dedicating the necessary time to this location.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $395,000 |
| Property Type | Business |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 0 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | Unknown |
| MLS # | TR26068869 |
| Property ID | 322717622 |
| Lot Sqft | Unknown |
| Zoning | Unknown |
| Days on Market | 102 |
| Original List Price | $395,000 |
| Date Updated | March 31, 2026 |
| Date Created | March 30, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $9,300 | $0 |
Listing Provided By
Solomon Lao an agent of . Lic #00997151
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of March 31, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT