Italian Restaurant

$395,000

OC Beach City

Asking Price: $ 395,000
Type of Business: Italian Restaurant
Location: OC Beach City
Hours of Operation: 5 PM – PM 6 nights – Tuesday – Sunday
Gross Sales: $ 550,000 per year
Adjusted Net Profit: $ 175,000 per year
Total Rent: $ 2786 mo.
NNN: $ included above
Length of Lease: 1 year
Options: 5 years
Sq. Ft. 1,200
Occupancy: 43
Number of Employees:
Full time:  1        Part-time:  8
Payroll: $ 5,000 per month
Insurance: $
Gas: $
Electric: $
Water: $
Phone: $
Trash: $
Internet and TV:
Cost of goods: N/A
Business description.

Busy, major corner shopping center in an OC Beach City. Small but powerful Italian restaurant. Small equals low overhead and high Cash Flow. Low Rent. Food cost of only 22-23%. 4.5 Star Yelp rating. Beer and wine license included.
Full kitchen with a Pizza Oven, deep fryer, grill and large 8 burner stove top. Walk-in cooler, upright freezer.
Short hours open. Only 4 hours per night and 6 days per week.
This is a restaurateurs dream. Priced barely over 2 times cash flow.

Call for more details.
(714) 366-5498