Business Overview:
This Santa Ana Restaurant and Bar is located in the heart of its popular historic district. The venue boasts a versatile layout in a prime location with liquor, sidewalk seating, convenient access and stellar street visibility. This is an asset only sale; the name, menu and concept will not be included in the sale.
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 2,600 square foot venue plus patio leases for $8,112 per month including common area maintenance (CAM) expense on a lease until 1/3/1/24 with one 5-year option. All of the business’s furniture, fixtures, equipment, Type 47 Liquor License and lease will be included in the sale. An estimated $5,000 in liquor inventory will be sold at cost at close in addition to purchase price.
Market Competition and Expansion:
Downtown Santa Ana is a highly popular dining and entertainment district. As such competition certainly exists, however this venue’s location, layout and favorable characteristics and entitlements provide it highly attractive competitive attributes. New operators may take this clean, attractive build-out, versatile layout, and prime location in any number of directions with a wide variety of concepts. The condition use permit (CUP) allows for alcohol service from 8 am to 12 midnight 7 days per week (no live entertainment), which is a coveted entitlement – though the venue’s licensing ensure that it should maintain a food / restaurant driven concept as opposed to a pure play bar.
Reason for Selling:
Retirement
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: