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Sushi, Teppan, Cocktail Bar, 2024 Sales $2.7M, Price Reduced for Quick Asset Sale, Very Large Restaurant Over 9K SQFT with Patio Seating!

Orange, California

| BizBen.com

https://www.bizben.com/business-for-sale/teppan-sushi-cocktail-bar-for-sale-in-south-orange-county-california-275102

Orange County, California

Sushi, Teppan, Cocktail Bar, 2024 Sales $2.7M, Price Reduced for Quick Asset Sale, Very Large Restaurant Over 9K SQFT with Patio Seating!

Name: Sushi, Teppan, Cocktail Bar, 2024 Sales $2.7M, Price Reduced for Quick Asset Sale, Very Large Restaurant Over 9K SQFT with Patio Seating!
Address: California, US

Asking Price

$590,000

Revenue

$2,730,000

Down

$590,000

Cash Flow

Call/Email

Description

Asset Sale with Gross Revenues in 2024 of $2,730,000. Very Popular Sushi & Teppan Grill Restaurant with Full Cocktail License. Popular Trendy, Long Established in the Heart of South Orange County, Mission Viejo. Since 2005 This Happening Restaurant with a Club Vibe has Been Rockin Customers and Pouring Drinks packed on weekends. Prime Location on Top Floor of Shopping Center directly across from Movie Theater. Very short hours from 5:00 PM and Kitchen closing at 10:00 PM. Drinking goes on until customers thin out. Ample parking, large and very spacious at 8660 Square Feet plus Patio yielding 9200 Square Feet total. Maximum Capacity is 385 inside, and 49 on Patio. Rent is $2.51 + NNN $0.99 per SQFT. Total Rent + NNN is almost $30K per month. Total of 40 Employees run the show with a full time manager. Owner lives out of state, and wants the business sold. This is a great opportunity to acquire a solid, long running establishment with a long lease and fantastic terms. Clean ABC 47 Cocktail License.

This is an "Asset Sale, As Is, Where Is". Seller has lowered the price for a quick sale of assets. Sales records are on the POS, but this is an Asset Sale with no further Book Check. Buyer may perform due diligence on the assets, not goodwill.

Buyer should be professional, experienced, and have ample liquidity to successfully operate such a large restaurant, and qualify with the Landlord.

Confidential Sale, please do not disturb employees, landlord, neighbors or customers. Contact Broker for more information and NDA.

Listing: 5218 WP

To get more information about this Sushi, Teppan, Cocktail Bar, 2024 Sales $2.7M, Price Reduced for Quick Asset Sale, Very Large Restaurant Over 9K SQFT with Patio Seating! business for sale in Orange, California please contact WILLIAM PARK (Broker - BRE License #:01995716) at socalvrbb@gmail.com

Business Details

Year Established:

2005

Employees:

FE&E:

800000

Reason for sale:

Seller has moved out of state.

Property Information

Size in Square Feet:

8,660 sqft

Lease Terms:

Long Lease at $2.50 per square foot, plus CAM

Premises Details:

Large restaurant with many teppan tables, nice cocktail bar, very large island sushi bar, and nice patio in front. Over 9K SQFT with Patio.

Lease & Tenant Information

Lease Options:

$30,000

Posting Information

Posting ID:

275102

Business Category:

Restaurants & Food

Business Types:

Full Service, Dine In Restaurant

Asian Restaurant

Japanese Restaurant

Sushi Restaurant

Keywords:

sushi, japanese, asian, cocktails, orange county, absentee

Attributes:

Absentee Run

Broker Cooperation

License (Liquor, etc.)

Training And Support

Contact the Broker or Seller

Name (Required)

Contact Info (Required)

Message to Broker or Seller

“Hi, I’m interested in this business. Is it still available?”

“Could you share more details about the business?”

“When would be a good time for a quick call?”

By submitting this form, I agree to BizBen's Terms of Use.*

Non-Disclosure Agreement

Interested in this business? Request to sign the NDA to receive exclusive information.

Have any questions?

Do you want to learn more about this posting? Send a message to the broker or seller below.

Contact the Broker or Seller

Name (Required)

Contact Info (Required)

Message to Broker or Seller

“Hi, I’m interested in this business. Is it still available?”

“Could you share more details about the business?”

“When would be a good time for a quick call?”

By submitting this form, I agree to BizBen's Terms of Use.*

Non-Disclosure Agreement

Interested in this business? Request to sign the NDA to receive exclusive information.

Have any questions?

Do you want to learn more about this posting? Send a message to the broker or seller below.

Non-Disclosure Agreement

Interested in this business? Request to sign the NDA to receive exclusive information.

Send NDA Request

Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.

Posting Title

Sushi, Teppan, Cocktail Bar, 2024 Sales $2.7M, Price Reduced for Quick Asset Sale, Very Large Restaurant Over 9K SQFT with Patio Seating!

Posting ID

#275102

Full Name (Required)

Email (Required)

Phone (Required)

NDA Signed Successfully!

Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.

Agent, Broker or Seller Contact

Name:

Ran Kim

Phone Number:

562-402-2686

Contact Email:

socalvrbb@gmail.com

Contact The Broker or Seller

Name (Required)

Contact Info (Required)

Message to Broker or Seller

“Hi, I’m interested in this business. Is it still available?”

“Could you share more details about the business?”

“When would be a good time for a quick call?”

By submitting this form, I agree to BizBen's Terms of Use.*

Share This Posting from BizBen.com

Share this listing with a friend, colleague, or interested buyer!

Sushi, Teppan, Cocktail Bar, 2024 Sales $2.7M, Price Reduced for Quick Asset Sale, Very Large Restaurant Over 9K SQFT with Patio Seating!

Orange, California

| BizBen.com

https://www.bizben.com/business-for-sale/teppan-sushi-cocktail-bar-for-sale-in-south-orange-county-california-275102

Orange County, California

Sushi, Teppan, Cocktail Bar, 2024 Sales $2.7M, Price Reduced for Quick Asset Sale, Very Large Restaurant Over 9K SQFT with Patio Seating!

Asking Price

$590,000

Revenue

$2,730,000

Down

$590,000

Cash Flow

Call/Email

Description

Business Details

Year Established:

2005

Employees:

FE&E:

800000

Reason for sale:

Seller has moved out of state.

Property Information

Size in Square Feet:

8,660 sqft

Lease Terms:

Long Lease at $2.50 per square foot, plus CAM

Premises Details:

Large restaurant with many teppan tables, nice cocktail bar, very large island sushi bar, and nice patio in front. Over 9K SQFT with Patio.

Lease & Tenant Information

Lease Options:

$30,000

Posting Information

Posting ID:

275102

Business Category:

Restaurants & Food

Business Types:

Full Service, Dine In Restaurant

Asian Restaurant

Japanese Restaurant

Sushi Restaurant

Keywords:

sushi, japanese, asian, cocktails, orange county, absentee

Attributes:

Absentee Run

Broker Cooperation

License (Liquor, etc.)

Training And Support

Contact the Broker or Seller

Name (Required)

Contact Info (Required)

Message to Broker or Seller

“Hi, I’m interested in this business. Is it still available?”

“Could you share more details about the business?”

“When would be a good time for a quick call?”

By submitting this form, I agree to BizBen's Terms of Use.*

Non-Disclosure Agreement

Interested in this business? Request to sign the NDA to receive exclusive information.

Have any questions?

Do you want to learn more about this posting? Send a message to the broker or seller below.

Contact the Broker or Seller

Name (Required)

Contact Info (Required)

Message to Broker or Seller

“Hi, I’m interested in this business. Is it still available?”

“Could you share more details about the business?”

“When would be a good time for a quick call?”

By submitting this form, I agree to BizBen's Terms of Use.*

Non-Disclosure Agreement

Interested in this business? Request to sign the NDA to receive exclusive information.

Have any questions?

Do you want to learn more about this posting? Send a message to the broker or seller below.

Non-Disclosure Agreement

Interested in this business? Request to sign the NDA to receive exclusive information.

Send NDA Request

Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.

Posting Title

Sushi, Teppan, Cocktail Bar, 2024 Sales $2.7M, Price Reduced for Quick Asset Sale, Very Large Restaurant Over 9K SQFT with Patio Seating!

Posting ID

#275102

Full Name (Required)

Email (Required)

Phone (Required)

NDA Signed Successfully!

Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.

Agent, Broker or Seller Contact

Name:

Ran Kim

Phone Number:

562-402-2686

Contact Email:

socalvrbb@gmail.com

Contact The Broker or Seller

Name (Required)

Contact Info (Required)

Message to Broker or Seller

“Hi, I’m interested in this business. Is it still available?”

“Could you share more details about the business?”

“When would be a good time for a quick call?”

By submitting this form, I agree to BizBen's Terms of Use.*