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Orange County, California
Mongolian BBQ in Orange County
Asking Price
$400,000
Revenue
$816,000
Down
$160,000
Cash Flow
$200,000
Name: Jason Hong
Phone: Show phone number
Name
Jason Hong
Phone
Show phone number
Description
The restaurant's enviable location in a bustling area of Orange County contributes significantly to its steady revenue stream. Furthermore, the business boasts a favorable lease with a monthly rent of $7600, which includes NNN and features a 1-year lease with the option to renew for three additional 5-year terms. This provides the business with stability and predictability in terms of its overhead costs.
One of the restaurant's key selling points is its skilled and dedicated staff. The payroll includes four full-time chefs and one full-time cashier, along with a part-time cashier. Their expertise and commitment will be invaluable in ensuring a smooth transition for the new owner.
Additionally, the restaurant comes with a beer and wine license, adding an additional revenue source and enhancing the dining experience for customers. Training and support will be provided to the new owner, ensuring a seamless transition of ownership.
This profitable restaurant business presents an excellent investment opportunity with significant growth potential. If you're seeking a well-established, high-performing business in the restaurant industry, don't let this chance pass you by. Contact broker
Business Details
Year Established:
1989
Employees:
6
FE&E:
included
Reason for sale:
Retire
Property Information
Size in Square Feet:
1,980 sqft
Lease Terms:
1 year lease with 3X 5 year options
Lease & Tenant Information
Posting Information
Posting ID:
1824790
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.
Once signed, you’ll receive access to confidential business details including the business name, address, and financials.
Posting Title
Mongolian BBQ in Orange County
Posting ID
#1824790
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Agent, Broker or Seller Contact
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