Description About This Posting: Southern Seafood Restaurant, Spirits - High Volume
Located in one of the most sought after locations in Orange county, this ICONIC upscale food court is well recognized by locals and tourists alike. Within this fabulous center is our HIGH VOLUME southern comfort seafood cuisine AND bar with a FULL liquor license. This restaurant is famous for its mouthwatering super rich and creamy seafood drenched tomato base pan roast along with all the New Orleans' favorites like gumbo and etouffee and of course, beignets with chocolate dipping sauce. Served in a fast casual format with open bar and open kitchen, customers enjoy watching food prepared in front of them, making this an eating experience to be remembered!
It gets better..it also has a catering permit allowing alcohol service off site ..EXCELLENT for catered events like weddings, anniversaries, birthday parties ..you name it!
Established for over 4 years and has a loyal, regular customer base. Additionally, it has over 900 Yelp reviews at 4 out of 5 stars, making this a popular place for all.
Business is ABSENTEE run sales were OVER $1.4M in 2016 but owners have other high income businesses which keeps them away from operating this business. New owner can brings sales back up with close management.
FACILITIES & OPERATIONS:
Long lease: 5 years left with two 5 years options. This restaurant has 880 square feet with 150 patio, making it easy to operate. Small footprint means less labor. Additionally, food court pays for water, gas and pest control.
CURRENT MANAGEMENT & LABOR:
Restaurant is absentee run. This is established for over 4 years now.
The staff is highly trained.
2018 Sales at $972k Sales average of $81k/mos. and rent at $10,400/mos.
*** Sales in 2016 over $1.4M. Needs strong owner operator. Currently absentee run.
Net income $13,900/month or $166,800/year if ran at industry standards.
To get more information about this Southern Seafood Restaurant, Spirits - 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 #250715 on BizBen.com. In addition to phoning
Jerry Diza, make sure you email Jerry Diza above to get more info about this
Southern Seafood Restaurant, Spirits - 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
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.
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.
Mark has a broad range of small business purchase & sale experience from analyzing potential acquisition targets to successfully guiding buyers and sellers through the purchase & sale of small businesses. Mark can assist with contracts, negotiations, legal matters, etc. Reach Mark at 949-478-8393.
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.
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.
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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