Description About This Posting: Italian Restaurant - High Volume
Located in one of Orange County's Prime Beach Locations, this cozy and intimate Italian restaurant has wowed it's customers for over 15 years. This restaurant is famous for its classic Italian dishes and scrumptious desserts. Great dishes are served in a casual format with an open bar and intimate dining.
The restaurant is located in one of the popular beach communities in OC and enjoys high visibility from the street. Average home prices well above $3M and household income over $200K/year. Business is Semi-Absentee run with highly trained staff.
Sales have average over $1.2M for the last 3 years, and owner does very little advertising and promotions. Hands on owner can increase sales by marketing to nearby community, offering daily specials and increasing catering.
Years Established: 15
No. Of Employees 16 part-time
Monthly Payroll: $28K
Absentee Run: Semi-absentee
Monthly Rent: $10K including CAM
Expiration: Dec 2021
Options: Buyer to apply
Square Feet: 1,200
Patron Capacity: 50
Hours of Operation: Daily 11:30 - 9pm
SBA financing available. Own this high volume restaurant with as little as 30% down! Recoup the initial investment within the first year. (even sooner with hands on management)
PRICE: Call for pricing. Submit offers with Proof of Funds, or contact broker.
To get more information about this Italian Restaurant - High Volume business for sale in
Orange County Area please phone Jerry Diza (Intermediary, Broker - BRE License #:01113651) at 949-424-6065 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #253959 on BizBen.com. In addition to phoning
Jerry Diza, make sure you email Jerry Diza above to get more info about this
Italian Restaurant - High Volume, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
Related Links And Information Regarding This Posting
For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.
Liquor license brokerage and consulting services. We provide: Alcohol License Transfers Application Consulting & Processing, Liquor License Purchases & Sales, City Zoning Permits & Land Use Entitlements, Public Convenience or Necessity Findings and Letters. Phone Mike Brewer direct at 800-437-1100.
New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese. Call Helen Yoo direct at 626-890-1151.
Willard Michlin, CPA #106752, offers buyers step by step training & assistance in doing Due Diligence Services when they are thinking of making an offer, or are in process of investigating a business purchase. He helps to determine the actual net profit even when there is cash. Call 805-428-2063.
California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
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