Location, Location, Location!! Locals know the area as "Restaurant Row." Situated steps from the areas main Blvd and many surrounding offices brings ample daily foot traffic. In addition, the closely situated Universities make this a great catch in North Orange County. This cafe was completely gutted and completed its renovation just over 28 months ago and what a gem it is. Trendy and modern decor makes this a relaxing and desirable place to grab coffee or lunch, meet for business, or relax and read the paper. The current cuisine is Vegetarian with a wide selection of beverages including beer and wines. This restaurant is ranked 3rd in the entire county for Vegetarian cuisine by several online websites and is the only vegetarian cafe in all of North Orange County. A loyal customer base has been created due to no direct competition and very appealing menu items. You must try the delicious food when you visit the cafe. The owner has never previously owned a restaurant and has operated with expenses far too high. This cafe is a fantastic opportunity for an experienced restaurateur that understands how to operate a cafe with proper operating percentages. Don't miss this chance to own a part of "Restaurant Row" in North Orange County. Take the next step and complete the online confidentiality agreement and call us to obtain the restaurant name and address. Also you will be given priority notification to 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.
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:
2yr remaining + 5yr Option
Total Monthly Rent:
$2,760
Financials
Last Year's Annual Gross:
$245,676
Last Year's Food Cost %:
41
Last Year's Payroll Cost %:
40
Operations
# of Full-Time Employees:
1
# of Part-Time Employees:
9
Hours Open:
Monday-Friday 7am-8pm
Saturday-Sunday 8am-8pm
Highlights
- Great location in "Restaurant Row"
- Beer & Wine License
- Trendy and Modern Decor
- Ranked #3 for Vegetarian Cuisine in Orange County
- No Direct Competition in North Orange County
- Steady foot traffic
- Lease has 2 years + 5 Year Option
- Hood System in Place
- Showing Good Revenue Growth
- Outside patio has 4 tables
- 9 Part-time emplyees
Financing
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
10%
Demographics
Population |
1-mi. |
3-mi. |
5-mi |
2014 Total Population |
24,880 |
201,853 |
490,472 |
Households |
1-mi. |
3-mi. |
5-mi |
2010 Number Of Households |
8,016 |
62,678 |
143,788 |
2010 Persons Per Household |
3.01 |
3.08 |
3.23 |
Median House Value |
$391,400 |
$439,657 |
$430,311 |
Income Per Household |
$59,754 |
$63,412 |
$63,190 |
Businesses |
1-mi. |
3-mi. |
5-mi |
2009 Number Of Businesses |
717 |
4,649 |
12,347 |
2012 Number Of Employees |
20,758 |
143,292 |
498,540 |
2012 Total Annual Payroll |
$296,142,000 |
$2,873,061,000 |
$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.