$840,000.00
Asking Price
Address: Costa Mesa,
Status: Active
Posting ID: 280671
9/16/23
Description
Now for sale is a popular restaurant and bar with a 47 ABC license located in the Costa/Newport Beach area. The asking price is less than the replacement cost of the restaurant. The restaurant is located on a busy street with excellent visibility from the street. The restaurant premises' fixtures and equipment are in good condition. The business is fully staffed with managers and employees. The business is now open 5 days per week with limited hours but can be opened 7 days per week for breakfast, lunch, and dinner.
Asking price: $840,000 plus inventory
Sales Volume: $1,753,200 per year
Net Income: $223,000 per year
Size of Premises: 3,200 sq. ft. plus a 1,600 sq. ft. separate room for events and parties.
Rent: $11,800 per month
Term of Lease: 16 years
Occupancy: 101 plus seating allowed in the separate 1,600 sq. ft. room for events and parties.
Hours of Operation:
Monday and Tuesday: Closed
Wednesday and Thursday: 3 pm to 10 pm
Friday: 3 pm to 1 am
Saturday: 11am to 1am
Sunday: 11 am to 3 pm
To get more information about this Restaurant And Bar - 47 ABC License business for sale in Costa Mesa please phone Tony Decuollo (Broker) at 949-476-2220 and 949-212-4822 Cell - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #280671 on BizBen.com. In addition to phoning Tony Decuollo, make sure you email Tony Decuollo above to get more info about this Restaurant And Bar - 47 ABC License, to ask any questions or request an appointment to see this business for sale. Thank you. Business Finders.
Contact
Details
Asking Price: $840,000.00
Down: $295,000.00
Cash Flow: $223,000.00
Revenue: $1,753,200.00
Area: Costa Mesa
City: Costa Mesa
Attributes:
My Notes About This Listing
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