Restaurant&Nightclub in Popular Orange County City

Los Angeles, CA
Los Angeles County


Asking Price: Annual Revenue:
$750,000 $1,276,578

Food & Beverage: Bars, Clubs, Nightspots


Request More Information
Contact the Seller

RE: Restaurant&Nightclub in Popular Orange County City Broker: Ryan Clark

Quick Facts

Asking Price: $750,000
Annual Revenue: $1,276,578
Net Profit: $65,760
Cash Flow: $180,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2003
Employees: 24
BBN Listing #: 3074929
Broker Reference #: AsiClub1

Email or Print Listing

Request More Information
Contact the Seller


Business Overview:

This restaurant and nightclub is centrally located in the heart of Fullerton’s highly popular entertainment corridor. The venue boasts an occupancy over 540, which is reported to be the highest of any bar or nightclub in the area. They are also reported to be only 1 of 2 venues that can offer bottle service, and they possess a unique conditional use permit (CUP) that allows them to operate as a nightclub after 10 pm without being required to offer food. Together with these favorable entitlements, the business has dance, DJ and live entertainment, and their CUP is said to be grandfathered in so an annual renewal is not necessary as it may be with newer venues.

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.

Property Features and Assets:

This 6,700 square foot facility leases for a base rent of $17,500 per month on a lease with just over 5 years remaining. They have 2 bars, a stage, outdoor patios as well as a spacious kitchen with a walk-in. One of the bars has a 14 tap beer system while the other bar has a 10 tap system; the front of house has an 8 terminal point of sale (POS) system. All of the business’s furniture, fixture, equipment, goodwill, Type 47 liquor license and conditional use permit entitlements will transfer in the sale. Approximately $20,000 in inventory will be sold at cost at close in addition to purchase price.

Market Competition and Expansion:

While competition exists in this popular area, this venue occupies prominent real estate at the epicenter of this entertainment corridor, and benefits the most comprehensive and operator-friendly entitlements of all of the options within the comparative set. As such, competing venues are hard-pressed to match this one’s unique attributes. The business could likely benefit from the presence of a fully engaged full-time owner operators with industry experience. This will not only help to ensure top quality customer service, but also a top quality dining experience, the most alluring ambiance that caters to today’s patrons, a competitive entertainment offering and the resultant maximum restaurant, bar, bottle service and door revenues.

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.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!