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Newport Beach, Orange County, California
Food Court Restaurant Asset Sale in a Prime Shopping Center
Asking Price
$90,000
Revenue
Call/Email
Down
Call/Email
Cash Flow
Call/Email
Description
This is not a sale of the existing brand or business. The new owner will acquire the existing restaurant facilities and equipment and have the opportunity to operate under their own business name, menu, and brand.
The location benefits from strong foot traffic from shoppers and customers in the surrounding area and is particularly well suited for a healthy food or fast-casual concept such as Poke. Other concepts such as salads, bowls, sandwiches, Asian food, desserts, and beverages may also be considered.
The current operating hours are from 10:00 AM to 8:00 PM, seven days a week. Because the restaurant is located inside the shopping center, the business is required to operate according to the shopping center's operating hours.
The monthly Base Rent is approximately $6,000, and CAM/NNN charges are approximately $6,000, for a total monthly occupancy cost of approximately $12,000. The rent increases by 3% annually.
The current lease runs through August 2028. The new buyer will need to negotiate new lease terms directly with the shopping center Management/Landlord and obtain their approval.
This is an **Asset Sale**, not a Business Sale involving the existing brand or revenue. Therefore, this opportunity is best suited for someone who wants to take advantage of an established restaurant space in a desirable location and introduce their own new concept, rather than acquiring the existing brand or its operating history.
This could be an especially good opportunity for a Poke restaurant or healthy Bowl Concept.
※ Any new menu, concept, business name, and lease terms are subject to final approval by the shopping center Management/Landlord.
Business Details
Reason for sale:
Take a break
Property Information
Size in Square Feet:
880 sqft
Lease Terms:
New lease
Premises Details:
Located in a prime shopping center food court with strong foot traffic. Fully equipped restaurant space suitable for a new concept and brand, subject to landlord/management approval.
Lease & Tenant Information
Lease Options:
$12,000
Posting Information
Posting ID:
4891875
Business Category:
Restaurants & Food
Business Types:
Asian Restaurant
Attributes:
Training And Support
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Food Court Restaurant Asset Sale in a Prime Shopping Center
Posting ID
#4891875
Full Name (Required)
Email (Required)
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NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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