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Orange County, California
Nightclub And Restaurant - Popular
Asking Price
$595,000
Revenue
$27,578
Down
Call/Email
Cash Flow
$180,000
Description
This 6,700-square-foot facility leases for a base rent of $17,500 per month on a lease with just over 5 years remaining. They have 2 bars, a stage, outdoor patios as well as a spacious kitchen with a walk-in. One of the bars has a 14-tap beer system while the other bar has a 10-tap system; the front of the house has an 8-terminal point of sale (POS) system.
All of the business's furniture, fixture, equipment, goodwill, Type 47 liquor license, and conditional use permit entitlements will transfer in the sale. Approximately $20,000 in inventory will be sold at a cost close in addition to the purchase price.
While competition exists in this popular area, this venue occupies prominent real estate at the epicenter of this entertainment corridor and benefits from the most comprehensive and operator-friendly entitlements of all of the options within the comparative set. As such, competing venues are hard-pressed to match this one's unique attributes.
The business could likely benefit from the presence of fully engaged full-time owner-operators with industry experience. This will not only help to ensure top quality customer service, but also a top-quality dining experience, the most alluring ambiance that caters to today's patrons, a competitive entertainment offering, and the resultant maximum restaurant, bar, bottle service, and door revenues.
Posting Information
Posting ID:
277594
Business Category:
Restaurants & Food, Entertainment
Business Types:
Night Clubs, Dance Club, Jazz Club
Keywords:
full service
nightclub
entertainment
orange
Attributes:
Owner/Seller Financing
Training And Support
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Posting Title
Nightclub And Restaurant - Popular
Posting ID
#277594
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Agent, Broker or Seller Contact
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