Brea Area Restaurant With Separate Lounge & Patio
Brea, CA Orange County
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- RE: Brea Area Restaurant With Separate Lounge & Patio
- Contact: Ryan Clark
Quick Facts
| Asking Price: | $1,300,000 | |
| Annual Revenue: | $1,358,167 | |
| Net Profit: | $250,121 | |
| Cash Flow: | $435,557 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $50,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2012 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 939445 | |
| Broker Reference #: | HEINLEB |
Business Overview:
This greater Brea area restaurant and lounge seamlessly blends 2 extraordinarily popular cuisine into a single fusion experience. The venue, which is comprised of a restaurant, and an entirely separate bar operation – each with its own kitchen despite operating under a single Type 47 Liquor License. In the restaurant, patrons are able to indulge in a distinctive culinary experience with a customer embraced flair.
To complement the dining venue, the business boasts an entirely separate bar and lounge, which offers an intimate environment for specialty cocktail and spirit enthusiasts. This refined space offers patrons a sophisticated ambiance to savor the intricate flavors of its offerings. Both venues offer attentive service in 2 distinct, highly cozy atmospheres.
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Property Features and Assets:
The combined space is comprised of 3,885 square feet plus a 1,028 square foot patio. A new 10-year lease, at $10,683 per month including common area maintenance (CAM), will be established with two 5 year options. All of the company’s furniture, fixtures, equipment, goodwill and Type 47 Liquor License will be included in the sale. Approximately $10,000 in inventory sold at cost at close.
Market Competition and Expansion:
In a competitive culinary scene, both venues possess a distinctive edge. One is reinforced with their lounge, and a second results from the restaurant’s unique blend of authenticity and creative fusion flavors. In both categories, this refined destination is a standout in the area’s culinary and entertainment landscape.
Reason for Selling:
Personal
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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