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For Sale: Restaurant And Bar - Customer Favorite - Costa Mesa Area


Current Status: Active     Posting #: 271606     Last Refreshed: 1/24/22    
Contact: Ryan Clark At 310-652-8353  -  Also Email This Contact Below
Asking Price:  $1,200,000     Down Payment:  Call / Email     Annual SDC:  $274,091     Annual Gross:  $2,281,442    
Attributes:  Broker-Broker Coop, Training & Support
This 4,000 square foot venue leases for $9,000 per month plus $1.2k in common area maintenance (CAM) expense on a lease until 1/3/1/24 with one existing 5 year option. All of the business's furniture, fixtures, equipment, Type 47 Liquor License, tremendous goodwill and trademarked name and related names will be included in the sale. The owner recently upgraded the premises and infrastructure at a cost of over $500,000. Also, a new roof was completed within the past year. An estimated $20,000 in liquor inventory will be sold at cost at close in addition to purchase price.

While there are no shortage of restaurants in the greater Costa Mesa Huntington Beach corridor, this venue has been a perennial favorite for over 50 years, making it the incumbent and most established market leader. Its name brand, decades of goodwill, spacious parking lot shared in a center with high traffic anchor tenants, freeway accessibility and main street drive-by visibility all create the perfect storm of restaurant attributes that provide this venue an unmatched competitive advantage.

This well-established venue has recently undergone a comprehensive remodel during the COVID induced slow-down. As a result, the venue has recovered and is surpassing its already impressive historical performance. Though it has been a family operated business, the operation may benefit from a full-time working owner-operator that has hospitality industry experience and is able to minimize expenses while bolstering the establishment's already stellar revenues. The bar portion of the operation naturally enjoys the highest margins. This portion of the business may present the greatest opportunity for new management to quickly enhance profits even further.

To get more information about this Restaurant And Bar - Customer Favorite business for sale in Costa Mesa Area please phone Ryan Clark (Broker - BRE License #:01399346) at 310-652-8353 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #271606 on BizBen.com. In addition to phoning Ryan Clark, make sure you email Ryan Clark above to get more info about this Restaurant And Bar - Customer Favorite, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01399346. The Veld Group.

Costa Mesa Area Restaurant And Bar - Customer Favorite Business For Sale

Email Ryan Clark Below About This Posting




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For Best Results & Response, Email & Phone This Contact: Ryan Clark at 310-652-8353.



Featured Fast Track Postings: Motivated Owner/Sellers & Business Buyers

For Sale: Rockin Sushi, Teppan Restaurant - Absentee Run In Orange County Area, California
Contact: William Park: 562-402-2686, 562-234-4133
Status: Active  Posting #: 275102  Refreshed: 8/4/2022
Asking Price: $2,179,000  Down Payment: $2,179,000  Annual SDC: $500,000  Annual Gross: $3,000,000
Attributes: Broker-Broker Coop, Absentee Run, Training And Support
Fast Track Posting Very Popular Rock N Roll Sushi & Teppan Grill with Full Cocktail License. Loud Music, Trendy, Well Established in the Heart of South Orange County. 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
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For Sale: Seafood Cajun Cuisine Restaurant In Central Orange County, California
Contact: Joe Ranieri: 714-292-5448 Cell, 714-292-5448 Text
Status: Active  Posting #: 274853  Refreshed: 8/15/2022
Asking Price: $850,000  Down Payment: Call / Email  Annual SDC: Call / Email  Annual Gross: Call / Email
Attributes: Broker-Broker Coop, Training And Support
Fast Track Posting Located in prime area near the beach. This seafood Cajun restaurant features authentic Cajun cuisine with its many New Orleans inspired dishes, also serves burgers pasta dishes great location. Rent $5,000 Lease for 15 years. Full hot kitchen. Great area lots of traffic plenty of parking.
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For Sale: Burgers Restaurant - Hard Corner, High Volume In Orange County, California
Contact: Joe Sales: 714-363-0440, 714-595-9882
Status: Active  Posting #: 275799  Refreshed: 8/16/2022
Asking Price: $800,000  Down Payment: Cash, Submit Offer  Annual SDC: $300,000  Annual Gross: $1,980,000
Attributes: Broker-Broker Coop, Semi Absentee Run, Real Estate Available
Fast Track Posting Hard Corner location where 3 streets meet. Beautiful Freestanding building with large patio. Built with all high end finishes. Great pride of ownership in this one. High Online reviews. Good quality food for a fast food restaurant. Total traffic count at this intersection is 44,600 cars per day, Monthly sales of $160-165,000. Great Net profit. Long term lease available or purchase the real estate.
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For Sale: Mexican Fast Food Restaurant - Absentee Run In Orange County Area, California
Contact: Sid Diki: 714-785-7906 Cell, 714-785-7906 Text
Status: Active  Posting #: 274063  Refreshed: 8/18/2022
Asking Price: $260,000  Down Payment: Call / Email  Annual SDC: $100,000  Annual Gross: $840,000
Attributes: Broker-Broker Coop, Semi Absentee Run, Absentee Run, Training And Support
Fast Track Posting Absentee owner. 30 years,13 employee. Located in a strip center with stater bros CVS pharmacy, Ross for Less, KFC. 1000 approx sq.ft rent is 2200 a month, sells Mexican food tacos burritos breakfast restaurant has all equipment like fridge, freezer. Nets $7,500 to $9,000 a month!,beer & wine license
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