This prestigious high-volume restaurant offers upscale uniqueness in a casual, friendly setting. The beautifully designed Mid-Century restaurant introduces traditional, classic cuisine with a progressive, California twist. This restaurant's elegant build-out and interior decor were put together by a well-seasoned architect in the industry.
It is located in a great Class A location with a large patio containing artistically designed fire pits. National anchor tenants include major banks, grocery stores and well-known franchises.
The surrounding neighborhoods and Irvine itself are densely populated with family homes that have a median household income of well over $100,000/year. The communities, shopping centers, and roads are all pristine, consistently busy, and extremely safe (as Irvine is one of the safest cities to live in within America). With easy access to the 405 freeway and positioned right next to large residential communities, this restaurant has tremendous potential for local marketing.
The restaurant offers great owner benefits for a seasoned restaurateur. In 2018, it generated over $2,000,000 in sales, is highly profitable, semi-absentee-run, and possesses a valuable Type 47 liquor license.
Equipment is new and the restaurant has a large footprint of 3,680 square feet. There are over 10 years left on. Rent is $17,000 per month.
If ran at industry standards, it could easily Net $350K/year.
Don't miss this opportunity to own a pride of ownership class A restaurant in highly sought after Irvine.
Highly qualified buyer with proof of funds required for address.