Description About This Posting: Wine Bar, Restaurant, Cocktail Lounge
Well established and nested in this popular beach community (less than a mile from the beach) is this spacious and beautifully decorated restaurant, lounge, wine bar with a full liquor license and a nice patio. The restaurant is a local favorite but also a go-to place for the quests at the downtown hotels.
The equipment is all well maintained and there is plenty of space for a high volume operation.
Facilities & operations:
The facility is 3600 sq. ft. including the patio and the operation hours are every day for lunch & dinner including weekend brunch.
Current management & labor:
This restaurant is currently operated with an absentee owner and the payroll is running at 25% of the sales.
This restaurant has strong sales of over $1.7M in sales and rent is only $11K monthly. With a payroll percentage of 25 and controlled c.o.g. And owner-operator can net well over $250K annually.
Please note: due to the potential damage to the business, the owner requires the agent to pre-screen potential buyers prior to releasing identifying information and will release information only to buyers who are both financially qualified and have sufficient prior experience. Proof of funds required.
To get more information about this Wine Bar, Restaurant, Cocktail Lounge business for sale in
Central Orange County please phone Jerry Diza (Intermediary, Broker - BRE License #:01113651) at 949-424-6065 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #255051 on BizBen.com. In addition to phoning
Jerry Diza, make sure you email Jerry Diza above to get more info about this
Wine Bar, Restaurant, Cocktail Lounge, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
Related Links And Information Regarding This Posting
For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.
Liquor license brokerage and consulting services. We provide: Alcohol License Transfers Application Consulting & Processing, Liquor License Purchases & Sales, City Zoning Permits & Land Use Entitlements, Public Convenience or Necessity Findings and Letters. Phone Mike Brewer direct at 800-437-1100.
California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
Willard Michlin, CPA #106752, offers buyers step by step training & assistance in doing Due Diligence Services when they are thinking of making an offer, or are in process of investigating a business purchase. He helps to determine the actual net profit even when there is cash. Call 805-428-2063.
New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese. Call Helen Yoo direct at 626-890-1151.
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