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Orange County, California
Asking Price
$85,000
Revenue
Call/Email
Down
$85,000
Cash Flow
Call/Email
Name: Edward Lim
Phone: Show phone number
Name
Edward Lim
Phone
Show phone number
Posting ID:
290801
Attributes:
Broker Cooperation
For Sale By Owner
Tangible Assets Sale Only
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Fine Dining Restaurant - Absentee Owner, Type 47
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CF : $ 270,000
Northern California Fine Dining Restaurant With Type 47 Liquor License - Absentee Owner! - SC2225 Financial Information Asking Price: $949,000 Cash Flow: $270,000 Gross Revenue: $1,100,000 Down Payment: $949,000 This casual fine dining establishment is a Northern California Sub-Chapter S Corporation and has been in operation for the past 2 years under the founders. This “Gastrobar” has two revenue streams with lunch service and dinner service that runs until 2am in the morning with dining and a night bar setting. With an Asian focused theme, the elevate traditional flavors with modern twists, all served in a lively setting. The menus offer various specialized combination themes. Since inception, this dual revenue stream concept has had a tremendous social media presence and following. As an example, over 9,000 local followers on Instagram and over 225,000 organic views in the last 30 days. TikTok has over 238,000 total likes and multiple videos with over 1,000,000 views. Cuisines include Chinese, Japanese, Korean and Vietnamese. This business comes with a Type 47 liquor license. Business Location City: Northern California State: California Reason for Sale The Seller is selling to pursue other interests. Detailed information Year Established: 2023 Home Based: No Franchise: No Relocatable: No Lender Prequalified: No SBA Prequalified: No Full-Time Employees: 12 Part-Time Employees: 6 Contractors: N/A Owner Worked Hours/w: 5 Adjusted EBITDA: On request Inventory Included: Yes Inventory Value: $7,000 Monthly Rent: $8,000 Real Estate Available: No Real Estate Included: No Real Estate Value: N/A Building Size: 2700 FF&E Included?: Yes FF&E Value: $250,000 Training/Support The Seller is willing to provide training at 20 hours per week for 2 weeks for the new Owner. Additional training can be made available at a mutually agreed upon cost to the new Owner. Market Outlook/Competition Asian cuisines are gaining popularity, driven by diverse consumer preferences, cultural exchange, and the increasing presence of Asian restaurants across the US. This growth is reflected in the rising popularity of Asian casual-dining chains and the overall expansion of the Asian food industry.A sian casual-dining chains are experiencing significant sales growth, with some averaging over 24% in 2023. CA 02282967 NV B.1003039.LLC NV BUSB.0007191
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This is an absentee owner operation with high volume and high net profit. It consists of Middle Eastern/Indian grocery items, a meat department, a bakery, and a restaurant serving Afghan food, or you can use any other food. This is around a central East Bay location so it is close to 880-680 area.
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Liquor Store - With Property, High Volume
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A high-volume liquor store with property is for sale in Los Angeles County. The average gross sales are $160,000 per month. Business hours are 7 AM to 12 AM, extending to 1 AM on weekends, with no ABC conditions. The store features a large storage area at the back and a spacious retail area of over 5,654 square feet, plus additional storage rooms. It is in a great location for the liquor business, with ample front parking space and high visibility. The store offers Lotto and accepts EBT. The business is operated by the owner and five employees, with the owner also serving as the landlord of the property. Only qualified buyers with a down payment of $2 million or more will be considered; proof of funds is required. To view the location of the business and property, prospective buyers must visit my office with proof of funds. **Call visit our office; 3701 Wilshire Blvd, #702, Los Angeles, Ca 90010 **All information was given by the seller and buyer's responsibility to verify all numbers. All information provided by the seller is deemed reliable but not guaranteed. Brokers have not audited said information > Buyers are strongly urged to conduct their own investigation and chec for the accuracy of said information during the due diligence period.
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