Price Reduced Asian Restaurant In Central OC For Sale

Business description

Restaurant is located in an established central OC city on a busy avenue with good signage and in a busy retail center. It is currently an Asian themed restaurant with a full menu and seats up to 70 people. The kitchen is spacious and the equipment is in good condition. Current owner promotes a pleasant atmosphere with an authentic menu. User-friendly website. Income is annualized based on current year.
This spacious 2,740 sq. ft. restaurant includes separate dining room for small parties and is located in a busy retail center. Lease was recently renegotiated. Monthly rent is $4,800 per month through August 2013; $4,900 through August 2015 and $5,000 through August 2016.
This business has a well-known name and reputation, having been in existence for 10 years. The right buyer can either continue the same theme and menu or convert to another theme and food style. Additional marketing and promotion will help grow revenue.

Property information

Real Estate:

Lease

Premises details:

This spacious 2,740 sq. ft. restaurant includes separate dining room for small parties and is located in a busy retail center. Lease was recently renegotiated. Monthly rent is $4,800 per month through August 2013; $4,900 through August 2015 and $5,000 through August 2016.

Other information

Expansion potential:

This business has a well-known name and reputation, having been in existence for 10 years. The right buyer can either continue the same theme and menu or convert to another theme and food style. Additional marketing and promotion will help grow revenue.

Support & training:

Owner will provide two weeks of training following the conclusion of the sale. Any additional training will be negotiable.

Reasons for selling:

Retireent

Trading hours:

11am to 10pm seven days a week