Business Details

Restaurant with full Liquor License ABC type 47

Location : Orange County

Type of Business : Restaurant with full Liquor License ABC type 47

Asking Price: $495,000
Inventory: $10,000

Gross Sales: $1,039,000

Summary of Business

OPEN ONLY 22 HOURS PER WEEK!! 
This beautiful South OC Beach City Restaurant is open less than Bankers hours.

Buyer can open for Lunch, Brunch or whatever hours they wish. This restaurant has a full ABC type 47 liquor license included in the sale and a very desirable outdoor patio. Full Staff in place including a Chef, line cooks, servers, busboys, and dishwashers. Great Yelp rating of 4 1/2 Stars.
Buyer can increase sales by expanding dinner hours, and or opening for Lunch or weekend Brunches.
The menu is a New American and Fresh California-inspired menu and is very well received by the clientele. 

Show More

Other Details

Reason for Sale: Retiring

Income

Gross Yearly Sales: $1,039,000
Adjusted Yearly Net Profit: $175,000

Rent

Total Rent: $8,500
NNN: $1,000
Length of Lease: Lease expires: 5 years Options Avail: 5 years Security Deposit: $8,500
Options: 0
Sq. Ft: 1,500 plus Patio

Employees

Number of Employees: 14
Full time: 2
Part time: 12
Hours of Operation: Sunday & Tues-Thur 5pm - 8:30pm, Fri & Sat 5pm - 9pm, Closed Mondays Payroll: $22,000

Expenses

Insurance: $12,000 per year
Gas: $2000 mo incl Elect water & trash
Electric: $inc above
Water: $inc above
Trash: $inc above
Internet and TV: $400 inc. phone
Cost of Goods: $35

Additional Details

Year Established: 2018


Similar Listings
Can't find what you are looking for?

Lets search for that business together.

Click here to fill out our targeted acquisition form