Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Newport Restaurant With Beer Wine And Outdoor Patio For Sale

Newport Beach, California - South, US
Asking Price:
$135,000 (USD) Furniture / Fixtures included
Sales Revenue:
$1,237,305 (USD)
Cash Flow:
$80,122 (USD)

This fast casual restaurant is located in an affluent Newport Beach community in a bustling shopping center with complementary food service neighbors. The location is permitted for beer and wine and has a patron-embraced 300 square foot outdoor patio. The restaurant has a specialty oven, a client friendly open layout and a condiment bar. Its kitchen equipment includes a griddle, grill, stove, 2 bucket deep fryer, salad prep and a combination walk-in cooler and freezer.

This 2,788 square foot location plus a 300 square foot patio leases for $14,000 per month including common area maintenance (CAM) on a lease until 2023 with options to be determined and/or negotiated. All of the restaurant’s non-branded furniture, fixtures, equipment and Type 41 Beer and Wine License will be included. The name, menu, point of sale system and branded fixtures and other items will not be included unless the buyer chooses to maintain the concept. If a buyer launches a similar concept under a different name much of the location’s goodwill may be retained.

Property Information

Real Estate:

Lease

Business Operation

Expansion Potential:

The location will tremendously benefit from the presence of a full-time owner operator with food service experience. Management may choose to implement any number of concepts that cater to this affluent community, pending landlord approval. The location, its versatile build-out, the beer and wine entitlement and outdoor patio lend themselves to a wide variety of concepts.

Competition / Market:

The complex this venue is located in hosts alternate dining options, but none offer its popular food fare. New management may maintain the brand or they may opt to replace it with their own brand that may be a similar concept or an entirely new one.

Reasons for selling:

Personal

Employees:
FT: 1 Manager, 2 Shift Managers PT: 12
Years established:
2004

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

2 Weeks at 20 hrs/Wk

Furniture / Fixtures value:
$20,000 (USD) - included in the asking price
Inventory / Stock value:
$3,000 (USD)

Contact The Veld Group

  1. This email address is already registered. Log in to continue.
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our terms and conditions. Please note that BusinessesForSale.com will send the above details to The Veld Group. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business