Restaurant w/Specialty Oven, Beer, Wine & Patio!

Irvine, CA
Orange County


Asking Price: Annual Revenue:
$150,000 $1,065,913

Food & Beverage: Bars, Clubs, Nightspots


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RE: Restaurant w/Specialty Oven, Beer, Wine & Patio! Broker: Ryan Clark

Quick Facts

Asking Price: $150,000
Annual Revenue: $1,065,913
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2004
Employees: 14
BBN Listing #: 90104929
Broker Reference #: IrDrei

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Business Overview:

This fast casual restaurant is centrally located at the apex of a strong Irvine shopping center with high foot traffic neighbors. The restaurant has a flexible layout with an outdoor patio and is permitted for beer and wine. The restaurant has a prominently placed specialty oven that is visible throughout the venue’s spacious interior. It has a manager’s office, while its kitchen equipment includes a griddle, grill, stove, 2 bucket deep fryer, salad prep, walk-in cooler and freezer.

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Property Features and Assets:

This 2,697 square foot location plus outdoor patio leases for $13,500 per month including common area maintenance (CAM), with a 7.5% gross revenue breakpoint (at $180,000/month) on a lease until 5/31/24 with options to be determined. All of the restaurant’s non-branded furniture, fixtures, equipment and Type 41 Beer and Wine License will be included. The name, menu, point of sale system and branded fixtures and other items will not be included unless the buyer chooses to maintain the concept. A portion of the concept’s goodwill will remain, depending on a buyer’s new venture.

Market Competition and Expansion:

This restaurant boasts a prominent central location at the apex of this strong Irvine shopping center. As such, is has great walk and drive by visibility as well as convenient access from throughout the center. This food service venue has a flexible layout and the necessary kitchen equipment to work with any number of quick service, fast casual or casual dining concepts that can capitalize on the prominent location, patio, unique oven and beer and wine entitlement.

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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