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Restaurant In Orange County For Sale

Orange County, California - South, US
Asking Price:
$130,000 (USD)
Sales Revenue:
$1,364,615 (USD)
Cash Flow:
$90,033 (USD)

This restaurant's Irvine Spectrum location is in Orange County's most popular dining and entertainment destination. There should be customers aplenty: not only is it packed evenings and weekends with the residents of the many nearby large apartment complexes, but Spectrum gets regular customers from the adjacent 13 million square feet of office space spread over 40 office "communities", the Irvine Medical and Science Complex, and the Irvine Technology Center.

The facility is completely up to date: 3 POS terminals, a gargantuan double hood, dual bathrooms, walk-in refrigeration, and rear entry for deliveries. The kitchen is visible by the guests, maintaining an open feel to the space and allowing customers to watch their food as it's made. Plus, their location sits squarely in the heart of Spectrum!

The founder has steadily grown his food service empire over the past seven years; however, between the restaurants and the catering business (which serves Southern California's most demanding, high-end, A-list clientele), he has become spread far too thin. It's difficult to grow effectively in both markets; restaurants and catering have different growth strategies. So the owner has decided to focus on his core catering, and put the restaurants on the market. He's looking for an experienced restaurateur to bring their growing, established brand to these signature locations.

This OC restaurant has two signature, high traffic, high visibility locations; visit our website (BottomLine Business Brokers, listing #2399) to view the other store. Both buildouts are professional, with no corners cut. One lucky Buyer will step into a $650,000 signature buildout for less than 25% of the cost! The brand may also be available to the right qualified Buyer; discuss this option with the Agent. Rarely do such prime locations become available, but this Irvine Spectrum restaurant is on the market today. If you've been looking to expand, this is the opportunity for you. Reach out to the Agent today!

Property Information

Real Estate:

Lease

Lease Terms:

Expires 11/30/2024

Lease Rent:
$83 (USD) per sq ft per annum
Location:

Prime Irvine Spectrum Location

Size in square feet:
2,178

Business Operation

Reasons for selling:

Focusing on high-end catering

Trading hours:

Sun - Thu, 11 AM - 9 PM, Fr & Sat, 11 AM - 10 PM

Employees:
25
Years established:
5

Other Information

Furniture / Fixtures value:
$90,000 (USD)

Contact Information

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