Seller's Contact Information
- RE: Rare Waterfront Restaurant/Bar
- Contact: Christina Lazuric Woscoff
- License #: 01495314
Quick Facts
Asking Price: | $1,000,000 | |
Annual Revenue: | $2,361,547 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $268,863 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2021 | |
Employees: | Not Disclosed | |
BBN Listing #: | 865963614 | |
Broker Reference #: | CW224 |
Business Overview:
This upscale restaurant and nightclub is in one of the poshest locations Orange County. It features an award winning Executive Chef, formally trained in Culinary Arts, with a delectable dinner menu. It has a commercial dock attached, with three slips, and huge potential to earn additional income by leasing each of them. There is also a private parking lot, which is a rarity in this destination city!
This exquisite location is only surpassed by the possibilities!
> Commercial dock with three slips to lease out-VERY RARE
> Private parking lot with space for 50 vehicles
> RARE for area- Full Type 47 liquor w/entertainment, dance and live music until 2am
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Property Features and Assets:
Waterfront location with commercial dock and three slips.
Market Competition and Expansion:
The business was purchased in 2021 but was an popular established restaurant and bar for many years prior. The commercial dock is huge asset that has unlimited potential. Additionally the ample parking is another revenue source in the summer when the area is full of tourists. Competition:It's a area staple, has great visibility, and is extremely unique in that it has a commercial boat dock with 3 boat slips that can legally be leased. Growth & Expansion: Opening for lunch business would grow the business exponentially. Offering event facility space would expand their business and visibility.
Reason for Selling:
Pursuing other business ventures.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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