Fine Dining Restaurant In Orange County For Sale

Business description

This Steak & Seafood restaurant is among the best fine dining restaurant in Orange County & winner of Americas’ highest restaurant award. Their exquisite cuisine, charming atmosphere, attention to detail and excellent service unite to create a unique and memorable experience for their guests. They feature five beautifully themed rooms fit for every mood and occasion.

This is a free standing building with 248 parking stalls on the premises & many more in close high rise buildings. It is located near to a Mall, banks, hospitals & close proximity of 5, 55, 22 & 91 Freeways. Whenever there is a big convention in Anaheim convention center this restaurant is sold out.

The owners spent about 2,000,000 in remodeling, equipments, & inventory about 3 years ago from $2,000 a piece chair to $30,000 computer system. Everything is brand new, owned & paid for.

They have huge inventory of liquor, great wine lockers, very nice lounge, elegant dining & banquet rooms which equipped for all types of meetings & conferences, dance & live entertainment permits, full liquor license & 25 passengers party bus limousine.

They provide complimentary shuttle service anywhere in Orange County (up to 200 people) including guests attending concerts and sporting events at Honda center, Angel Stadium, and Anaheim convention center.

This restaurant is very big on wine liquor & carries many different types of Vodkas which makes them unique in having the most numbers of Vodka variety. There is plan to build a freezer room with bar, & benches made of ice & serve Vodka in shots & glasses made of ice.

The revenue is up to $30,000 a day, & average dinner ticket is $175-$250 per couple.

Annual Revenue: $2,500,000
FF&E: $750,000 (Included in the price)
Inventory: $750,000 (Included in the price)
Seller’s Discretionary Cash Flow: $550,000
Asking Price: $2,700,000

Disclaimer: The information above was furnished by the seller. Sunbelt Business Brokers of Orange Coast or its agents have not verified the information and makes no representations as to its accuracy or reliability.

For more information contact Mehdi Kazerooni,
SUNBELT BUSINESS BROKERS of ORANGE COAST at ------------.
fax: ------------. email: -----@-------------.---

For a complete listing of our currently available business opportunities go to:
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Property information

Real Estate:

Lease

Premises details:

12,000 sq ft, $12000.00

Other information

Reasons for selling:

partnership issues.

Financing available:

Downpayment Required: $0

Furniture / Fixtures value:

$750,000 (included in the asking price)

Inventory / Stock value:

$750,000 (included in the asking price)