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A popular Restaurant and Bar with Patios located on the main street in a Beach City in Orange County. The area has other restaurants and retail businesses where the local residents and visitors shop and dine. In 2021 the restaurant was expanded from a 2,000 sq. ft. restaurant serving Beer and Wine and a limited food menu to a 4,000 sq. ft. restaurant. A 47 ABC liquor license was added and a new kitchen and second Bar was added. When the restaurant was 2,000 sq. ft. and serving Beer and Wine with a limited food menu the sales volume in 2019 was $197,860 per month and $215,420 per month in 2018. The restaurant has an excellent lease with a rent of $13,402 per month and 21 years remaining on the lease including options. For more information contact Tony at 949-212-4822 Location: Orange County, California Year Established: 2008 Real Estate: Leased Building Sq. Ft.: 4,000 Rent: $13,402.00 Per Month Lease Expiration: 3/31/2043 Facilities: The Premises is 4,000 sq. ft. as of July 2021. The premises was remodeled and expanded from 2,000 sq. ft. to 4,000 sq. f.t in 2021. A new kitchen was added and a second Bar and a 47 ABC license was added in 2021. Prior to 2021 the restaurant was 2,000 sq. ft., served only Beer and Wine, limited food items and the sales were $197,860 per month in 2019. Market Outlook/ Competition: The restaurant is located on the main street in the downtown area of a popular beach city in Orange County where most of the restaurants and retail businesses are located. Growth & Expansion: The expansion to 4000 sq. ft. and the addition of the 47 ABC license should add considerable growth to the sales volume of the business. Prior to the expansion the restaurant was 2000 sq. ft. and served only Beer and Wine and limited food items
Listed: Apr 21, 2022
Updated: 6 hours ago
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