High Profit Italian Restaurant Full Liquor License

Laguna Hills, CA
Orange County


Asking Price: Annual Revenue:
$499,000 $1,200,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: High Profit Italian Restaurant Full Liquor License Broker: Jerry Diza
License #: 01113651
Owner Financing is Available!

Quick Facts

Asking Price: $499,000
Annual Revenue: $1,200,000
Net Profit: $250,000
Cash Flow: $250,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 20+
Employees: Not Disclosed
BBN Listing #: 188157972
Broker Reference #: 19044JD

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Business Overview:

Established for more than 43 years, this restaurant is a highly profitable proven racehorse! Located on a heavily trafficked road, next to major anchor tenants in a popular retail shopping plaza. Average household income in 2017 was $107K (per datausa.io) ample parking for large events. This well-established restaurant and bar offer menu items including specialty pizza, chicken marsala, chicken parmigiana, meat lasagna, and homemade meatballs just to name a few.

This beautifully appointed restaurant is a 4150 square foot italian restaurant. It features a full bar and live entertainment and hosts sports events and happy hour. Perfect for special parties and catered events.

Business is absentee run with highly trained and loyal staff. Sales are consistent with yearly sales at $1.2M/year, earning high profits for the owner. The owner does minimal advertising and promotion.

Don't miss this opportunity to own a profitable and established restaurant. Make an offer now!

SBA approved! Purchase with as little as 20% down! This is the business you have been waiting looking for.

Lease
Monthly rent: $14,500
Expiration: 4 year
Options:
Deposit: $per landlord

Building info.
Square foot: 4150
Patron capacity: 165
Patio: none

Hours of operation: 4pm - 9pm (mon-thurs)
4pm - 10pm (fri)
11:30am - 10pm (sat)
11:30am - 9pm (sun)

Operations
Years established: 18
No. Of employees 12
Monthly payroll: $27K/month.
Absentee run: yes
Franchise: no

Financials
Monthly sales: $100K
Monthly cash flow: $20K
Annual sales: $1.2M
Annual profit: $240K

Please note: due to the potential damage to the business, owner requires agent to pre-screen potential buyers prior to releasing identifying information and will release information only to buyers who are both financially qualified and have sufficient prior experience. Proof of funds required.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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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