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For Sale: Restaurant And Sports Bar - Full Liquor, Absentee - Orange County, California

  • Status: Active

  • Posting ID: 276241

  • 6/7/23

Orange County Restaurant And Sports Bar - Full Liquor, Absentee Business For Sale

Description

For sale is a great opportunity to acquire an attractive, coastal community located, high gross, 100% absentee owned and 100% employee-managed/operated restaurant and sports bar with full liquor (ABC-Type 47) license in the very desirable and upscale County of Orange. This business establishment with ample seating capacity attracts patrons for a quick business lunch to a fun-filled night out with friends and family. Upon arrival, this establishment pampers its guests with a large selection of draft beers on tap, a full bar, a mouthwatering menu, and multiple flat-screen televisions, providing an enjoyable entertainment atmosphere.

Additionally, current ownership dedicates almost no time and resources to advertisement and promotion of this business, and most of its clientele is established repeat or walk-in, therefore, upside potential, additional revenues, and resulting higher bottom line may be realized by actively engaging in advertisement campaigns and utilizing social media.

Sellers maintain a full complement of staff with very high payroll-related expenses, therefore, a higher bottom line may be realized for an energetic new buyer by controlling payroll-related expenses. Clean and verifiable gross sales revenues, 100% absentee ownership, a full complement of staff, and a very busy major street location along with an opportunity for expansion and growth present an acquisition opportunity.

Revenue from 2022 was $1,692,320.98. Long-term seller financing will be offfered for a qualified buyer for $150,000 down. There will be $350,000 seller financing for five (5) years. Potential buyers are invited to execute an NDA prior to requesting any additional information. This is a confidential sale, utmost discretion is requested.

To get more information about this Restaurant And Sports Bar - Full Liquor, Absentee business for sale in Orange County please phone Mani Singh CBB, CBI, M&AMI (Agent - BRE License #:01397200) at 951-296-7646 Cell and - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #276241 on BizBen.com. In addition to phoning Mani Singh CBB, CBI, M&AMI, make sure you email Mani Singh CBB, CBI, M&AMI above to get more info about this Restaurant And Sports Bar - Full Liquor, Absentee, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01397200. TNW Business Brokers.

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Contact

  1. Name: Mani Singh CBB, CBI, M&AMI
  2. phone iconPhone: 951-296-7646 Cell
  3. phone iconPhone:

Details

  1. Asking Price: $500,000

  2. Down: $250,000

  3. Cash Flow: Call/Email

  4. Revenue:   $1,780,000

  1. Area: Orange County

  2. City: None Given

  1. Attributes:

    Broker CooperationAbsentee RunSemi-Absentee RunTraining & SupportOwner/Seller Financing

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