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
Number of Employees:
Full time: 1 Part-time: 8
Payroll: $ 5,000 per month
Internet and TV:
Cost of goods: N/A
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.