SANTA ANA, California
| Asking Price |
$295,000 |
Year Established |
2008 |
|
| Annual Revenue |
$561,616 |
Reason for Selling |
Personal |
|
| Annual P/L |
$23,234 |
Attention |
Ryan Clark |
|
| Annual Cash Flow |
$23,234 |
Listing Number |
936063 |
|
| # of Employees |
8 |
Business Category |
Food & Beverage: Liquor Stores |
|
Business Overview:
This style restaurant and bar offers a buyer an unbelievable location and at an attractive lease rate from which to launch their own concept, or to build upon its already proven concept. The sale comes complete with a liquor license, a bar, a full kitchen, as well as a patio that alcohol can be served on. The venue is ideally located to cater the large number of nearby state and county employees, the student population, as well as the number of young professionals in the immediate area including attorneys, accountants and various types of consultants.
Property Features and Assets:
<p>The 1,500 square foot venue plus patio leases for $3,098 per month on a lease until August 31, 2028 with options to be negotiated. It is estimated that the venue can seat up to 30 patrons inside, with an additional 26 on the covered patio. The business’s furniture, fixtures, equipment and Type 47 Liquor License will be included in the sale.</p>
Market Competition and Expansion:
<p>As a limited number of restaurants and entertainment venues exist in the highly popular area, competition is considered to be medium. The venue’s location lends itself to cater to a business lunch hour and happy hour crowd, as well as separate evening and night crowd, while its versatile layout lends itself to indoor and outdoor dining as well as take-out and delivery service.</p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity