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.
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
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
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
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.
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
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.
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
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