Don't miss out! This restaurant is ONLY priced at just 2 times cash flow. Two years ago this restaurant would have sold for 3 times cash flow or more. What a perfect opportunity to buy this at a great multiple before prices start to gradually go back up. This restaurant just had a great Holiday season. The restaurant was VERY busy. The seller reports his December gross sales were $46,254. Selling Restaurants presents this profitable restaurant opportunity within an Orange County Mall with Seller Financing available. Here's your chance to place a down payment and operate the restaurant while you have time to pay the seller back. This is located in a great part of the mall with high foot traffic in and around this restaurant. Here's your chance to buy a restaurant when most businesses for sale right now are making very little money or losing money each month. This is a must see!
(Seller provided the following financial data)
*December 2008 - November 2009 Revenue (before taxes): $297,092
*Total Operating Expenses (includes owner's salary): $252,148
*Owner's Annual Adjusted Net Income: $74,943
The owner pays himself a monthly salary plus the monthly profit. The monthly revenue is tremendous during the holiday seasons. The restaurant is 1,706 square feet with a spacious dinning area and kitchen with walk-in cooler/freezer.
The monthly base rent is a Great Price at just $3,127.66 plus monthly CAM charges which include all utilities except phone, satellite t.v. and internet. This fantastic restaurant offers a simple quick serve Italian concept with ice cream, espressos, coffee, and deserts. The restaurant offers tremendous potential to an owner operator given the location of the restaurant within the Mall.
It is situated within a high foot traffic area especially during the weekends. The owner does a great job operating the restaurant and it shows. Visit it today! Seller financing is available to a qualified Buyer.
Take the next step and select one of the bright orange buttons below to obtain the business name, address and pictures. Then select the "New registration" Button.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409
Lease
Region:
Orange County Restaurants For Sale
Lease Term:
expires November 2018
Total Monthly Rent:
$3,128
Financials
Last Year's Annual Gross:
$297,092
Last Year's Owner's Cash Flow:
$74,943
Operations
# of Part-Time Employees:
3
Hours Open:
Monday-Friday: 10a-9p
Saturday: 10a-7p
Sunday: 11a-6p
Highlights
- Low Base Rent! Only $3,127.66 Monthly
- SELLER FINANCING AVAILABLE
- Location - Location - Location!! Fantastic Opportunity!
- High Foot Traffic with great Visibility inside of the Mall
- Simple food concept offers ease of operation
- Nicely Appointed Dining Area With Plenty of Seating. Kitchen with walk-in cooler/freezer
- Food in very Tasty and worth Trying.
- CALL AGENT TODAY TO DISCUSS IN FURTHER DETAIL
Financing
Will Seller Lend To Buyer:
Yes
Demographics
Population |
1-mi. |
3-mi. |
5-mi |
2014 Total Population |
100,293 |
218,308 |
728,004 |
Households |
1-mi. |
3-mi. |
5-mi |
2010 Number Of Households |
28,560 |
63,961 |
206,315 |
2010 Persons Per Household |
3.41 |
3.29 |
3.40 |
Median House Value |
$441,518 |
$472,636 |
$427,368 |
Income Per Household |
$51,850 |
$59,369 |
$61,493 |
Businesses |
1-mi. |
3-mi. |
5-mi |
2009 Number Of Businesses |
2,046 |
4,983 |
14,078 |
2012 Number Of Employees |
37,534 |
130,854 |
377,142 |
2012 Total Annual Payroll |
$573,944,000 |
$3,339,135,000 |
$4,294,967,295 |
click for more demographic info
Disclaimer
Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("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. DRE License # 01339409.