Seafood: Absentee, Rev $816K, Netting $108K, Prc $200K, OC

, California 8 views 0 favorites

Financial Highlights
Asking Price
$200,000
Revenue
$816,000
Business Description

> A Cajun style seafood specialty restaurant, which has been a good response for nearly a decade, is home to one of the best seafood recipes in the community with crabs, lobsters and oysters. > Situated in the popular square of mid-sized plaza adjacent to a local 39 in the middle-class demographics, offering a large parking in the shopping center. > Here is a kicker that lets customers stick to the home-made spicy Cajon dishes with unique recipes. > Turn key. Beer & Wine license included. > A favorable below market rent is still less than 5% of gross revenue. > Opening hours are relatively short, only 4 hours a day from Monday to Thursday. > NDA is required for the exact business address to do a "walk-by". > For more, see below: • The monthly gross revenue is anywhere between $65,000 ad $70,000 of which credit card revenues are accounted for about 84% • Monthly net income is an average of between $6,000 and $10,000 depending on the season. It's absentee-run profits !!! • Cost of goods sold equals on average of 40% • All-in rent is $3,400, including Triple Net / CAM estimate • Premise size is about 2,000 sq. ft. • 3.5 yrs on the remaining lease. New lease or additional option workable • Opening hours are relatively short. Only 4 hours a day from Monday to Thursday are from 5 pm to 9 pm Mon-Thu. Yet, opening from 12 pm to 9:30 pm on Fri, Sat and Sun • 3 full-time and 7 part-time work. With wages of over $15,000 a month. It’s a help-run • Established for a decade, but has been operated by the seller for only about 1.5 years • Ample parking available in front and at the mall. • Term business loans are available for a 50% down. > Sign and return the online pdf. NDA form attached for your quick inquiry. > For more details, contact Kevin at beerealty.ca@gmail.com or text at (714) 345-6514. > Strongly recommend visiting our office to learn more about this unique business acquisition and further financial details. • NOTE > Never speak to staff or interrupt work during your observations, since employees are unaware of the sales of the business. > The business summaries and financial information posted here are deemed reliable and are obtained from trusted sources via the seller's accountant and/or the seller's formal records. > However, it is suggested that the use of this information be limited to something that is not clear until verified > The broker and/or its agent shall not be held liable for such information whether or not it is true Thanks Location: Anaheim, California Year Established: 2020 Number of Employees: 10 Real Estate: Leased Building Sq. Ft.: 2,000 Rent: $3,400.00 Per Month Lease Expiration: 10/31/2025 Facilities: Full kitchen, Freezers, Refrigerators, Soda fountain, Pre-area, Outdoor patio, Absentee-run, Sm. dining room, Beer & Wine license. Market Outlook/ Competition: Yes Growth & Expansion: Extending business hours

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 22, 2022

Updated: 8 hours ago

Views: 8

Favorites: 0