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Richmond, Contra Costa County, California
Asking Price
$199,000
Revenue
Call/Email
Down
Call/Email
Cash Flow
Call/Email
Name: Harry Sidhu
Phone: Show phone number
Name
Harry Sidhu
Phone
Show phone number
Posting ID:
288561
Business Category:
Entertainment, Restaurants for Sale & Food
Business Types:
Full Service, Dine In Restaurant
Keywords:
Richmond, contra costa county, california, beer, wine, garden, full service, entertainment
Attributes:
Broker Cooperation
Training And Support
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Asset Sale with Gross Revenues in 2024 of $2,730,000. Very Popular Sushi & Teppan Grill Restaurant with Full Cocktail License. Popular Trendy, Long Established in the Heart of South Orange County, Mission Viejo. Since 2005 This Happening Restaurant with a Club Vibe has Been Rockin Customers and Pouring Drinks packed on weekends. Prime Location on Top Floor of Shopping Center directly across from Movie Theater. Very short hours from 5:00 PM and Kitchen closing at 10:00 PM. Drinking goes on until customers thin out. Ample parking, large and very spacious at 8660 Square Feet plus Patio yielding 9200 Square Feet total. Maximum Capacity is 385 inside, and 49 on Patio. Rent is $2.51 + NNN $0.99 per SQFT. Total Rent + NNN is almost $30K per month. Total of 40 Employees run the show with a full time manager. Owner lives out of state, and wants the business sold. This is a great opportunity to acquire a solid, long running establishment with a long lease and fantastic terms. Clean ABC 47 Cocktail License. This is an "Asset Sale, As Is, Where Is". Seller has lowered the price for a quick sale of assets. Sales records are on the POS, but this is an Asset Sale with no further Book Check. Buyer may perform due diligence on the assets, not goodwill. Buyer should be professional, experienced, and have ample liquidity to successfully operate such a large restaurant, and qualify with the Landlord. Confidential Sale, please do not disturb employees, landlord, neighbors or customers. Contact Broker for more information and NDA. Listing: 5218 WP

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Description: This Italian Restaurant is a dining establishment known for a variety of dishes that highlight fresh ingredients and traditional recipes with a modern twist. The restaurant prides itself on its commitment to quality, using locally sourced ingredients whenever possible to ensure the freshest flavors. The ambiance is designed to be both inviting and elegant, making it suitable for both casual dining and special occasions. In addition to its diverse menu, Restaurant offers a selection of fine wines and specialty cocktails, carefully curated to complement the rich flavors of the dishes. The sellers plan to exit the food industry and are willing to work with the new owner to ensure a smooth transition and provide. Training and support as needed. Buyers could carry on with the sellers’ concept and improve revenue by expanding business hours, taking advantage of online delivery services, or opting for concept conversion subject to Landlord permission. Equipment Included: Type-1 Hood, 6 Burner Stove with Oven, Cash Register, Sandwich Prep Table with Refrigeration, Freezer, All Tables and Chairs, and much more. A complete list of equipment is available with the Listing Broker. General Information: Organization: LLC | Square Footage: 1,258 Sq. Ft. | Licenses Required: City Bus Lic, Health Permit, Sellers Permit, Type-41 Beer & Wine Lic. (included and transferable) | Seating Capacity: 48 inside, 32 patio | Hours: Sun-Tue 11am–8pm, Wed-Sat 11 – 9pm | Reason for Sale: Other Business Interests | Lease Information Rent: $3,774/m including NNN Lease: 2 years remaining on Seller’s lease plus two 5-year options. Revenue: N/A – Asset Sale. Historic monthly sale ~$25,000/Month (as per seller not verified by the Broker) Financing: All Cash All information contained in this document resulted from representations by Seller. Mission Peak Brokers, Inc. and its agents can not and will not verify the accuracy or completeness of any information. Purchasers must verify any such information themselves and should engage legal and financial advisors to assist with the process.
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