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For Sale: Bar And Grill - Outside Patio - Lake Forest, Orange County

NDA   |  

Current Status: Active     Posting #: 267416     Last Refreshed: 5/5/22    
Contact: Steve Torabi At 949-427-0414 Cell , 949-424-6065 Office  -  Also Email This Contact Below
Asking Price:  $399,000     Down Payment:  $399,000     Annual SDC:  Call / Email     Annual Gross:  $1,700,000    
Business Address:  None Given     City:  Lake Forest     Zip:  None Given    
Attributes:  Broker-Broker Coop, Absentee Run, Training & Support
2019 Sales were $2m. 2020 Sales were $1.75m (Covid restrictions with limited indoor dining).
Located in a high demographic area of this South OC city is this nicely decorated and very profitable business for sale. The owners are planning a move out of state and this is the reason for the sale. The restaurant has two kitchens, a full bar and patio with ample outdoor seating to just name a few of the amenities offered. This has always been a profitable restaurant and in 2020 considering the restriction for indoor seating the sales were only down 20% and still made a profit.

2021 has started strong and if the first quarter is any indication of the forecast for the entire calendar year, the sales should surpass the 2019 (Pre-Covid) figures. The menu is upscale casual dining, craft cocktails and nice wine selection to cater to a variety of patrons visiting this business. The business is currently absentee run and two managers at $45k annual salaries each run the business with owners remotely overlooking the operation.

Monthly Rent is $13245 plus CAM . Size of space is 3680 sq. ft.
Expiration: Dec 2022, options available.
Patron capacity:100+
Options: Buyer to qualify for 10 more years
There is a patio.
Deposit: Buyer to qualify
Hours of Operation:11-9 P.M daily

To get more information about this Bar And Grill - Outside Patio business for sale in Lake Forest, Orange County please phone Steve Torabi (Intermediary, Broker - BRE License #:02022773) at 949-427-0414 Cell and 949-424-6065 Office - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #267416 on BizBen.com. In addition to phoning Steve Torabi, make sure you email Steve Torabi above to get more info about this Bar And Grill - Outside Patio, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01113651. Pacific Reliance Business Brokers.


Email Steve Torabi Below About This Posting




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For Best Results & Response, Email & Phone This Contact: Steve Torabi at 949-427-0414 Cell and 949-424-6065 Office.



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For Sale: Breakfast And Lunch Cafe In Buena Park, Orange County, California
Contact: Jack Oh: 562-787-4989 Cell, 562-544-6863
Status: Active  Posting #: 274761  Refreshed: 6/23/2022
Asking Price: $295,000  Down Payment: $35%  Annual SDC: $120,000  Annual Gross: $480,000
Attributes: SBA Loan Pre-Qualified
Fast Track Posting Great breakfast and lunch spot in buena park with rave reviews. Surrounded by homes and office buildings. Plenty of parking. Reasonable rent. Low cost of goods. Sba loan with 35% down. Monthly gross: $40,000. Monthly net: $10,000.
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For Sale: Fast Food Restaurant - Absentee Run In Orange County Area, California
Contact: Sid Diki: 714-785-7906 Cell, 714-785-7906 Text
Status: Active  Posting #: 274063  Refreshed: 6/20/2022
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For Sale: Seafood Restaurant - Absentee Run, Seats 150 In Fullerton, Orange County, California
Contact: Joe Ranieri: 714-292-5448 Cell, 714-292-5448 Text
Status: Active  Posting #: 273736  Refreshed: 5/22/2022
Asking Price: $349,000  Down Payment: $250,000  Annual SDC: $220,170  Annual Gross: $1,500,000
Attributes: Broker-Broker Coop, Semi Absentee Run, Absentee Run, Training And Support, Owner Financing
Fast Track Posting Well-known ( Peak Top} Highly visible Seafood Restaurant is all-help run (Located in Downtown area). Free-standing building with guest private patio and parking. Seats 150+ inside and 50+ on patio. with Beer and Wine. Total Sales Year 2021 $1,500.000. Net income for year 2021 $220,170.41. Total sales for year 2021 $1,555,000. (Net Income year- 2021 $220,170.41 all help run) Payroll Expenses for year 2021 $270,616.59 { seller may carry with 250,000 seller to approve buyer }.
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For Sale: Cafe - 6 Days, No Hood In Irvine, Orange County, California
Contact: Jim Moazez: 562-477-6657 Cell, 562-477-6657 Text
Status: Active  Posting #: 269125  Refreshed: 6/6/2022
Asking Price: $495,000  Down Payment: Call / Email  Annual SDC: $230,000  Annual Gross: $1,200,000
Attributes: Broker-Broker Coop, Lifestyle, Training And Support
Fast Track Posting Working only six days a week, this Breakfast and Lunch cafe in Irvine is serving fresh healthy food and drinks. Located in a beautiful plaza setting in an area surrounded by residential sky-rise condo communities and plenty of large offices. List Price: $495,000 Gross Sales:$1,200,000 SDE: $230,000 Rent: $6,000 1100 sq. ft. Excellent books and records.
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