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Orange, Orange County, California
Old Town Orange Restaurant with Liquor – Prime Location w/Great Street Visibility!
Asking Price
$875,000
Revenue
$3,141,218
Down
$999,000
Cash Flow
$88,532
Description
Several competing establishments in the area deliver similar upscale-casual dining experiences in this highly popular area. Many also combine global influences and a lively, social atmosphere. These venues often feature seasonally driven menus, and thoughtfully designed interiors that appeal to both casual diners and those celebrating special occasions, however others may not enjoy the benefits of the liquor license entitlement, patio seating, or onsite parking lot.
New operators will likely wish to capitalize on the venue’s loyal client base, by maintaining some of the menu favorites while implementing their own concept. Since the proven location has demonstrated its ability to generate high annual revenues from their client base, new management will want to determine how to further enhance the offering continue to fill seats and attract high margin sales with sought after food offerings and stellar customer service.
Business Details
Year Established:
1996
FE&E:
50000
Reason for sale:
Personal
Support & Training:
Seller will train for 2 weeks at 20hrs per week or as negotiated
Property Information
Size in Square Feet:
4,000 sqft
Premises Details:
This 4k (approximate) square foot location leases for $26,40k per month including CAM on a 10-year lease term that will expire in 12/2030, with one 5-year option. All of the business’s furniture, fixtures, equipment, goodwill, and Type 47 Liquor License will be included in the sale. An estimated $10k - $20k in inventory will be sold at cost, at close.
Lease & Tenant Information
Lease Options:
$26,405
Posting Information
Posting ID:
1148927
Business Category:
Restaurants & Food
Business Types:
American Restaurant
Bar, Pub, Sports Bar, Lounge, Tavern
Attributes:
For Sale By Owner
License (Liquor, etc.)
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.
Posting Title
Old Town Orange Restaurant with Liquor – Prime Location w/Great Street Visibility!
Posting ID
#1148927
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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