German Restaurant In Orange County For Sale

Business description

Very successful family owned German restaurant with established loyal customers base located inside a neighborhood shopping center on a major street in a desirable South Orange County community.

The restaurant has been operating for the last 7 months & already has many followers, since they offer great food, service, variety of German beers, & there is virtually no completion in immediate area. The restaurant operates 5.5 days a week just 2 hours for lunch & 4 hours for dinner. The owner says there is usually 3 hours waiting time on Saturdays & they do not take any reservation on Fridays & Saturdays.

All the recipes are in written format & also shown on the video which makes it very easy for ever one to learn & keep consistency in quality & presentation. Most of the equipments & furniture are new & under one year old. The restaurant has beer & wine license.

The restaurant is fully staffed & employees seem to stay. The owner also mentions the availability of an experienced German chef in case a prospect buyer is interested in pursuing the business for the investment purpose only & needs someone to operate & manage it on daily basis. The owner is willing to share all his business books & records with qualified buyer prospects

The owners have to move back to Germany to take care of family emergency.

Annual Revenue: $475,000
FF&E: $75,000 (Included in the price)
Inventory: $3,500 (Included in the price)
Seller’s Discretionary Cash Flow: $135,000
Asking Price: $130,000

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: -----@-------------.---

Property information

Real Estate:

Lease

Premises details:

1929 sq ft, $5066.00

Other information

Reasons for selling:

family issue.

Financing available:

Downpayment Required: $0
Monthly Payroll: $2,400

Furniture / Fixtures value:

$75,000 (included in the asking price)

Inventory / Stock value:

$3,500 (included in the asking price)