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#3127
Orange County Restaurants For Sale

Low Rent for this Spacious OC Restaurant. Bring your New Concept!!

$116,900
Low Rent for this Spacious OC Restaurant. Bring your New Concept!!
This Listing is Expired
We are proud to present this spacious OC restaurant located in one of Orange County’s most populated cities, in a large shopping center on the corner of a busy intersection just minutes from major freeways, making this restaurant highly desirable. PLUS the total monthly rent is only $5,100.00 for 3,000 square feet. Additionally there are NO CAM charges. Wow! That’s ONLY $1.70 per square foot.

BRING YOUR FOOD CONCEPT: This turn-key restaurant is ready to go for many different food concepts. With very little effort you should be up and running taking food orders. It is currently operational; however the present food concept does not work well with the area demographics. This restaurant needs a new concept which will do well with the demographics. The restaurant has all permits/licenses required to operate, but the buyer should check this with all government entities, a great lease and well maintained equipment. Why take over a closed down restaurant and deal with the headaches of bringing the space current to city/health standards by having to obtain building permits plus the headaches of passing the health department’s critical standards when this restaurant is turn-key as it stands. Note: Depending on the new food concept additional upgrades may be required.

AREA DEMOGRAPHICS: This is a fantastic city which features strong demographics. Household Income Levels and Restaurant Sales Volume Expenditures within the area are strong. In 2009 the Average Household Income for approximately 1 Mile from the restaurant was $73,896.00; 3 Miles was $71,169.00; and 5 Miles was $72,289.00. In 2009 Annual Retail Restaurant Sales Volume Expenditures for approximately 1 Mile from the restaurant was $42,271,453.00; 3 Miles was $314,592,476.00; and 5 Miles was nearly $1 Billion Dollars at an incredible $808,987,082.00 (Note: Independently verify the accuracy of these statistics).

RESTAURANT FEATURES: The restaurant features a spacious and well appointed dining room which seats up to 150. In addition the large kitchen includes a substantial prep and cook area featuring a very large Type I hood vent perfect for high volume cooking. The current kitchen setup and equipment should work for nearly most food concepts.

OWNER FINANCING AVAILABLE: The seller will consider providing financing to a qualified-motivated buyer. Ask for more details.

REASON FOR SELLING: The owner has tried to make the current food concept work, but it is not popular among the areas demographics.

WANT THE NAME & ADDRESS: Take the next step and click the orange button below to obtain the name, address, and pictures of the restaurant.
This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Orange County Restaurants For Sale
Lease Term:
Expires September 30, 2011 - Possible New Lease
Total Monthly Rent:
$5,100
Security Deposit:
$10,000

Operations

# of Full-Time Employees:
4
# of Part-Time Employees:
2
Hours Open:
Monday - Thursday: 11a-3p & 5p-10p
Friday - Saturday: 11a-3p & 5p-11p
Sunday: 11a-3p & 5p-10p
Year Established:
2008
Hood System Type 1:
Yes

Facilities

Indoor Seating:
150
Inside Sq. Ft.:
3,000

Highlights

  • Low Rent
  • Great Center and Area Demographics
  • Spacious Dining Room and Large Kitchen
  • Nearly Turn-Key for many new Food Concepts
  • Seller Financing Available to Qualified Buyer
  • Fully Equipped Kitchen with Hood
  • Tens of Thousands of Cars Pass this Center and Restaurant Every Day

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 43,612 196,472 725,681
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 11,533 51,518 194,628
2010 Persons Per Household 3.66 3.64 3.55
Median House Value $367,000 $359,983 $375,063
Income Per Household $49,099 $57,321 $56,054
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 629 3,875 15,074
2012 Number Of Employees 87,458 239,196 594,208
2012 Total Annual Payroll $1,302,306,000 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, 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 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, 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. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of 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.


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