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#854
Orange County Restaurants For Sale

A Taste of New York in O.C. With Upper-Class Residents

$147,000
A Taste of New York in O.C. With Upper-Class Residents
This Listing is Expired
A local area favorite hangout! This area of town provides tremendous potential for this East Coast Style Pizza & Italian Restaurant with a Beer and Wine License(Type 41). This is a fabulous O.C. city with upper-class neighborhoods and shopping centers surrounding the area. There are approximately 150,000 local residents in the immediate area and another 20,000-40,000 professional jobs throughout the area. The owner has NOT tapped into the full potential of the restaurant. His time is spread between many business opportunities; a soon to be released audio Italian cook book, an "in the works" television sitcom series about cooking, a catering business, and this Pizza & Italian restaurant. As you can see a new buyer with a vested interest and a full-time effort can grow this restaurant to its full potential. The current owner has at times held a night of music and fun with either Jazz or local bands. The restaurant is packed on these nights and the entire event is well paid for and some. These events are great marketing tools you can use to continue to grow the restaurants reputation and great food. In addition, the owner will provide several catering accounts. The owner has been contemplating in creating a wine bar just outside the front door. This would make a great addition and increase profit margins for any owner. I can even see the floor plan slightly changing to accommodate an upscale theme with linen table clothes and accent lighting. This upscale theme would work well with the live Jazz music. All in all, this restaurant offers tremendous potential which you are not paying for. Everything is in place for you to make a great living owning this restaurant. It only needs you to bring your full-time effort and energy. There is a kitchen full of equipment for effectively making great Italian food. Customers have routinely said they enjoy coming here because its convenient to the area, has great food and atmosphere, and a free pool table for customers to enjoy. Take the next step and go to sellingrestaurants and select one of the bright orange buttons below the listing. Then select the "New registration" Button. When you register, you get the name and address right on-line - no paper or faxes - you'll also get priority notification of our new listings in the future, prior to the general public, giving you the best chance to �scoop in� the best opportunities. There are also more photos available to our registered buyers.
Agent Joe Ranalla DRE License #01719969

Lease

Region:
Orange County Restaurants For Sale
Lease Term:
3yrs w/ (1) 5 yr option
Total Monthly Rent:
$6,500
Security Deposit:
$7,550

Operations

Liquor License:
41
# of Full-Time Employees:
1
# of Part-Time Employees:
4
# of Family Employees:
1
Hours Open:
Monday - Thursday: 11am-9pm
Friday - Saturday: 11am-10pm
Year Established:
1992
Hood System Type 1:
Yes

Facilities

Indoor Seating:
54
Inside Sq. Ft.:
2,100

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 3-mi. 5-mi
2014 Total Population 11,646 105,305
Households 3-mi. 5-mi
2010 Number Of Households 3,766 31,857
2010 Persons Per Household 2.99 2.75
Median House Value $580,800 $497,249
Income Per Household $124,471 $91,679
Businesses 3-mi. 5-mi
2009 Number Of Businesses 412 5,435
2012 Number Of Employees 30,644 245,568
2012 Total Annual Payroll $932,758,000 $4,294,967,295

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Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.


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