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Businesses For Sale   >>   Mesa Businesses For Sale   

Restaurant With Liquor, Bar & Patio

Location  Costa Mesa, California, United States
Asking Price Range  < $250K
Gross Revenues  $965945
Net Profit / Cash Flow  $83124
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1999
Number of Employees  20 - 34
Relocatable  No
Number of Employees  20 - 34
Real Estate  Leased
Training  2 weeks at 20 hours/week
Reason for Sale  Personal

Description  
This Costa Mesa restaurant with liquor, a separate bar, large patio, parking, built-in traffic and excellent freeway traffic is ideal for any operator who has an established concept and seeks a turn-key location without incurring the time and expense that construction and purchasing attaching a new liquor license would take. The facility has two lines with separate hoods, a large walk-in cooler and a wood-fired oven. The landlord of this high profile center will seek an experienced operator. Asking Price $199,000. This 2,500 square foot restaurant and bar, plus patio, leases for $9,500 per month plus $4,500 in common area maintenance (CAM) expenses. All of the business's furniture, fixtures, equipment and Type 47 Liquor License will be included in the sale. The name, recipes and management will not remain with the venue. While there are other restaurants in this high foot traffic area, they do not offer similar dining concepts, leaving less direct completion in the dining segment than may be expected. This location is perhaps the most desirable in its area, boasts stellar visibility, built-in foot traffic, a great patio, plenty of parking and great freeway access. New owners will need to slightly modify the concept, or launch a new one altogether, as the name and recipes are not included in the sale. New management will seek to capitalize on the liquor license, patio and heavy foot traffic in this popular retail and service area. For the offering price, any operator can save tremendously on liquor license and built-out expense and have turn-key operation with any approved concept.


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