Elegant Buffet Style Restaurant
Location California,United States
Asking Price Range < $250K
Gross Revenues $800000
Net Profit / Cash Flow $150000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2004
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Seller will provide training.
Reason for Sale Relocation.
Description This is an elegant Buffet style restaurant location with a below market, 3 year lease. The location is very spacious ƒ? 5,300 sq. ft - with the lease rate at $1.57 including CAM charges (avg rate in this location is $3.50) located on a major boulevard in the city of Fountain Valley. The kitchen is outfitted with all state of the art kitchen equipment, stainless steel appliances with no expenses spared on the build out. There is also an existing liquor license - type 47 - that comes with this lease. The owner spent $850,000 on the build out of this location with beautiful flooring, wood paneling, and state of the art FF&E.
This location is best suited for ''elegant buffet style'' restaurant. It has 4 buffet bars. Has beer and wine license. Great for parties and catering. The restaurants seats 160 people and has a permitted capacity of 235 people.
This restaurant shut down as of August 15th. This is a great opportunity to negotiate the asking price and restart this place.
Email or contact Ved Sajnani at 310-539-8300 for more information on this Buffet Style Restaurant for sale.
Click Here To Contact Seller
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