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- RE: O.C. Bar, Live Music & Dining Hot Spot
- Contact: Ryan Clark
Quick Facts
| Asking Price: | $695,000 | |
| Annual Revenue: | $2,250,000 | |
| Net Profit: | $90,000 | |
| Cash Flow: | $200,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $100,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2022 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 1006931 | |
| Broker Reference #: | SADBAR |
Business Overview:
This coastal Orange County bar, live music, and dining hot spot is a favorite with music fans throughout the county and beyond! This popular entertainment venue has a bit of everything, including unmatched freeway access and street visibility in a marquee location that boasts a spacious bar, dining, dancing, and stage for live entertainment, as well as plentiful onsite parking.
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Property Features and Assets:
This 8,500 square foot restaurant and bar, which is located in one of Orange County’s most popular entertainment locations, leases for $31,252 per month on a lease that will expire in August 2023, with two 5-year options. All of the business's furniture, fixtures, equipment, Type 47 Liquor License, and live entertainment entitlement will be included in the sale. An estimated $50k in inventory will be sold at cost. Brand specific assets will not be included.
Market Competition and Expansion:
Each Orange County enclave has its own entertainment districts. This Orange County venue is centrally located in one of its most sought-after coastal communities, providing stellar access from every direction. The venue’s main throughway location and coveted entitlements provide it a significant advantage over competing entertainment alternatives.
New management will want to capitalize on the location’s key attributes by implementing a customer-embraced concept that can draw a crowd and provide a repeatable, unparalleled dining and entertainment experience.
Reason for Selling:
Personal. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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