See Similar Listings

Santa Ana Restaurant & Bar w/Loyal Following

Santa Ana, CA
Representation Photo
Asking Price:$295,000
Gross Revenue:$561,616
Rent:$4,508
FF&E:$20,000
Cash Flow:$23,234
Inventory:$5,000
EBITDA:$23,234
Established Year:2008
Listing ID: 2180404Listing provided by BizBuySell
BUSINESS DESCRIPTION

This style restaurant and bar offers a buyer an unbelievable location and at an attractive lease rate from which to launch their own concept, or to build upon its already proven concept. The sale comes complete with a liquor license, a bar, a full kitchen, as well as a patio that alcohol can be served on. The venue is ideally located to cater the large number of nearby state and county employees, the student population, as well as the number of young professionals in the immediate area including attorneys, accountants and various types of consultants.

DETAILED INFORMATION
Location
Santa Ana, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,500
Lease Expiration
31/08/2028
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The 1,500 square foot venue plus patio leases for $3,098 per month on a lease until August 31, 2028 with options to be negotiated. It is estimated that the venue can seat up to 30 patrons inside, with an additional 26 on the covered patio. The business’s furniture, fixtures, equipment and Type 47 Liquor License will be included in the sale.
Competition
As a limited number of restaurants and entertainment venues exist in the highly popular area, competition is considered to be medium. The venue’s location lends itself to cater to a business lunch hour and happy hour crowd, as well as separate evening and night crowd, while its versatile layout lends itself to indoor and outdoor dining as well as take-out and delivery service.
Growth & Expansion
This restaurant and bar benefits from a proven concept with attractively low overhead. As a result, new management may wish to maintain the concept and operation ‘as is’ with modifications as they deep appropriate, or new management may wish to capitalize on the prime location, versatile layout, liquor license and outdoor patio to capitalize on the area’s popularity by implementing an alternate concept.
Financing
Seller may consider a small secured note to facilitate an SBA loan for a qualified bu
Support & Training
Seller will train for 2 weeks at 20 hour per week or as negotiated
Reason for Selling
Personal
Report an Issue with this listing
profile-img
Ryan
Clark
logo-img
Phone Number
Ryan Clark
Call Phone