Description About This Posting: Iconic Pub And Restaurant - High Volume
This high volume profitable business is a well-known icon on the forefront of pch in newport beach. This establishment is in an unrivaled location and home to some of the most beautiful beaches in california, making it a premium tourist destination with attractions like balboa fun zone, fashion island, among others. Known for its prestigious dining and resorts, the city offers amenities that are sought after year-round from both locals and tourists worldwide. Additionally, the establishment is walking distance to famous beaches for surfing, swimming and sunbathing.
Established for over 20 years, this high volume bar & restaurant is known for its mouth-watering seafood dishes, gourmet pasta dishes, and refreshing bar drinks. The business has a loyal, regular customer base who have an average household income of over $160k per year (per city-data.com).
Patrons enjoy weekly and late-night specials, which keep the bar and kitchen busy, and help the restaurant thrive. Over 2,500 likes on facebook and over 500 yelp reviews at 4 out of 5 stars, making this a very popular place for having fun. Additionally, the restaurant has a cozy patio which is also licensed to sell alcohol.
This establishment is fully equipped to handle high volume orders.
Facilities & operations:
The bar has 2400 square feet, located at a very popular and visible part of newport beach. It has two 5 year options on the lease and rent expense at $18,500 (with nnn included). Rent is less than 10% of sales!
To get more information about this Iconic Pub And Restaurant - High Volume business for sale in
Orange County 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 #245610 on BizBen.com. In addition to phoning
Jerry Diza, make sure you email Jerry Diza above to get more info about this
Iconic Pub And 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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