Profile: Santa Ana Café/Bar W/Full Liquor, Perfect Rent, Large Patio.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Ryan Clark, Broker
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| Primary Phone: |
310-652-8353 |
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| Alternate Phone: |
None Given |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
6/18/08 |
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| Date Last Revised: |
6/18/08 |
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| BizBen Ad #: |
122099 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$224,999 |
| Down Payment: |
$224,999 |
| Annual Revenue: |
$206,000 |
| Annual Adjusted Net: |
$32,500 |
| Price Range: |
$100,001 to $250,000 |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
No |
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Description:
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This Café Style Restaurant And Bar Offers A Buyer An Unbelievable Location And Absolutely Unbeatable Lease Rate From Which To Launch Their Own Concept, Or To Build Upon The Current Bar Or Restaurant Concept. The Sale Comes Complete With A Full Liquor License, A Bar, A Full Kitchen, As Well As A Patio That Alcohol Can Be Served On. The Café’s 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. The Facility Is Also Permitted To Have A Dj Perform, Or Offer Live Entertainment.
The Quaint Café And Bar Occupies Between 1,100 And 1,500 Square Feet And Can Likely Seat Up To 30, But Also Offers A Fully Covered Patio That Can Accommodate Another 26 Patrons. The Lease, Which Is Perhaps The Most Attractive Component Of The Sale, Is At 1,680 Per Month Including Air Conditioning, Water And Gas, With Nominal 100 Increases Every 2 Years, And Is Valid Until 2013 With An Option To Be Determined. The Sale Comes With All Of The Furniture, Fixtures And Equipment Fully Paid For In The Sale, As Well As A Full Liquor License.
As Only A Small Number Of Other Restaurants Or Entertainment Venues Exist In The Immediate Vicinity, Competition Is Considered To Be Low. This Café And Bar Are Ideally Suited To Do A Large Take-Out And Delivery Business For The Lunch Hour, And Attract An Evening Crowd For Drinks And/Or Entertainment.
This Restaurant And Café Have Extremely Low Overhead, And A Great Deal Of Upside Potential … Particularly Given The Area’s Redevelopment Coupled With The Facility’s Location, Patio, Full Liquor License, And Ability To Even Offer Djs Or Live Entertainment. New Owners Will Likely Seek To Expand Upon The Existing Concept, Or Modify It Entirely To Offer More ‘everyday’ Style Daytime Food Fare Such As Sushi Or Bistro Specialties, While They Can Capitalize On The Liquor License, Location And Outdoor Patio By Creating More Of A Lounge Style Atmosphere In The Evening.
While Photos Are Indicated, Under No Circumstances Should Anyone Approach The Employees, Owners, Or Landlord Directly. This Opportunity Is Not Available To Co-Broker At This Time.
This Business Is Currently In Escrow, However Back-Up Offers Are Being Entertained.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Ryan Clark, Broker at 310-652-8353 |
Business For Sale Photos
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