Central Orange County Restaurant & Bar w/Liquor!

Anaheim, CA
Orange County


Asking Price: Annual Revenue:
$297,000 $1,079,744

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Central Orange County Restaurant & Bar w/Liquor! Broker: Ryan Clark

Quick Facts

Asking Price: $297,000
Annual Revenue: $1,079,744
Net Profit: Not Disclosed
Cash Flow: $129,564
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: 25
BBN Listing #: 45534929
Broker Reference #: YoRest

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Business Overview:

This newly constructed Central Orange County venue was fully built-out and entitled by the current owner who invested heavily in its construction and launch. It is located in a prime retail, evening hospitality and entertainment district of a bustling Orange County city’s downtown area. The restaurant and bar caters to a healthy mix of daytime professional and corporate clientele, while evening revelers include a mix of locals, students and visitors to the popular area.

Training: 1 Weeks at 10 hours/week.

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Property Features and Assets:

This 2,200 square foot facility leases for $5,000 per month including common area maintenance (CAM) and triple net (NNN) expenses on a lease until 2021, with two 5 year options. All of the business’s furniture, fixtures, equipment and Type 47 Liquor License will be included in the sale, while its name, menu, website and exact concept will not be. Approximately $5,000 in inventory will be sold at cost at close in addition to purchase price.

Market Competition and Expansion:

Competition certainly exists in this popular Central Orange County city’s downtown entertainment district. With that said, this venue enjoys a solid location with stellar corner visibility and highly favorable rent. New operators may take this opportunity in any number of directions depending on their concept. The current food-driven focus may be pivoted into a more alcohol oriented one that capitalizes on the liquor license. Alternately, either a start-up or a bourgeoning new or established brand may find the versatile build-out to be plug-and-play for their brand, allowing an entrant to be open without days of take-over. This location has more of a breakfast, lunch and early evening dinner focus however they may remain open until 2 am.

Reason for Selling:

Personal

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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