Posting Details

Restaurant And Bistro - Recently Remodeled For Sale - Newport Beach, Orange County

Recently remodeled Restaurant and Bistro located in a popular area of Newport Beach visited by tourist and local residents. Price reduced. Partnership split forces sale. Great opportunity for an owner operator or chef. After the remodel, the restaurant was opened in late 2016. The restaurant is opened 6 days a week 10 hours per day. The kitchen and restaurant is fully staffed with employees with the owner as the manager.

Sales: $80,000 per month
Asking Price: $185,000 plus inventory
Cash Down Payment: $100,000
Net Income: $140,000 per year per owner.
Hours of operation: 11:30 am to 9 pm Tuesday thru Sunday - Closed on Monday
Size of Premises: 1800 sq. ft. (approximate)
Seating: 48
ABC License: On Sale Beer and Wine
Term of Lease: 8.5 years remaining of 10 year Lease.
Rent: $8,000 per month fixed for 5 years and $8,400 per month for the remaining 5 years including property taxes and landlord maintains the roof and exterior of building. Other details in the lease.
The listing # 242943 Restaurant And Bistro - Recently Remodeled - Newport Beach, Orange County below is currently OFF THE MARKET due to that it is either in escrow at this time or has recently been sold. For more businesses for sale that are like this Restaurant And Bistro - Recently Remodeled in Newport Beach, Orange County please see a sample of BizBen active listings below and links to all similar listings on BizBen.com.

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