Seller's Contact Information
- RE: Ethnic Mediterranean Restaurant In OC
- Contact: Saied Zeinali
Quick Facts
| Asking Price: | $234,000 | |
| Annual Revenue: | $545,855 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $120,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 100,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1999 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 295231864 | |
| Broker Reference #: | ETHNICOC |
Business Overview:
Lebanese and Mediterranean Restaurant- High Foot Traffic
Highly Reviewed Lebanese and Mediterranean Restaurant- High-Quality selection of unique lunch and dinner entrees, soups, salads, appetizers, desserts, and more. This restaurant is busy and profitable. The store averages between $50,000-$60,000 a month in sales without any marketing and advertising, $10,000 cash flow monthly. This beautiful restaurant has received write-ups in several local publications. Established in 1999, the owner is retiring, great opportunity to take over a well-oiled machine and expand. The business is well-equipped, very clean and newly remodeled, and has excellent parking.
The monthly rent is $6,000 which covers water, garbage, and CAM. The restaurant is 1,800 square feet with more than 70 seats inside and 30 outside patios. The business has Beer and Wine license to serve inside and on the patio.
It is open Tuesday-Sunday from 11am to 10pm. Great opportunity to open Mondays and increase your revenue. The business is located is in a big shopping center on a major/busy avenue in city of Orange, excellent visibility. New owner can keep the same concept or convert it to anything. Lease expires May 2024 with available lease options.
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Market Competition and Expansion:
No direct competition to the concept in the area. Growth opportunities include marketing and advertising, opening Mondays, and offering breakfast.
Reason for Selling:
Retirement
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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