Description About This Posting: Restaurant And Bar - Full Service
This well-established tapa restaurant is the happening place with live performance and Salsa lessons as well as general clubbing. A must go and especially on weekends. While you enjoy the performance and clubbing, their wide variety of mouthwatering food will satisfy your cravings. Their crab croquette and lamb rack are the best sellers. Savor their cuisine through dine-in, take-out or catering services. Its laid-back atmosphere is widely known as a local hotspot. With over 3,900 LIKES on Facebook plus recommendation at their page. It also has over 200 Yelp reviews at 4 out of 5 stars, making this a popular place for family who are having fun.
The restaurant is located right off the freeway in a busy mall with ample parking. The restaurant has approx. 6,700 sf and can accommodate over 300 guests which makes it perfect for any occasion including weddings, birthday parties and all types of special events. The restaurant has a CUP for entertainment and a 47 license, allowing club activities.
The median property value in this city is over $600k with a homeownership rate at 77.1%. Median household income is $104,886 according to DataUSA.
Completely equipped kitchen for high volume restaurant.
FACILITIES & OPERATIONS:
Long lease with 9 years left.
Rent is very reasonable at $24,000/month with 6,700 sq ft. Landlord is reasonable and will even consider rent concessions for new owner.
Open daily for lunch and dinner.
CURRENT MANAGEMENT & LABOR:
Restaurant is absentee run.
$85k per month average, or $1.M/yr. Verifiable sales..
To get more information about this Restaurant And Bar - Full Service 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 #249742 on BizBen.com. In addition to phoning
Jerry Diza, make sure you email Jerry Diza above to get more info about this
Restaurant And Bar - Full Service, 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.
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.
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.
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