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.
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