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#2087
Orange County

Cute 5 Day Restaurant in Huntington Beach for ONLY $1.35 per sq.ft.

$29,000
Sold
Cute 5 Day Restaurant in Huntington Beach for ONLY $1.35 per sq.ft.
This Listing is Sold
Selling Restaurants presents this Cute 5 day restaurant located in a major industrial park near major freeways and shopping centers in beautiful Huntington Beach. This is the perfect Breakfast/Lunch location. This location has a 32 year track record with great results, according to the current owner. That's a very long time and is a great asset to any new owner and for this low price and low rent how can you go wrong?

The restaurant was an "authentic" Italian concept for much of those years until recently. The restaurant is fully operational and includes major equipment such as hood system, 6 burner range/oven combo, stove-top griddle, commercial meat slicer, freezer, refrigerator, 2 door refrigerated prep table, dish sink, 3 pot steam table, and much more.

The lease's base rent is fantastic at only $1,234/month for 914 square feet. That's only $1.35 per sq.ft. PLUS, the owner's current lease has waived CAM charges until January 1, 2011. That's nearly 1 year of "FREE" CAM charges.

The restaurant currently seats 31 people inside comfortably. Plus, the fire department might allow more seats inside. The outside patio seats 8 people under patio umbrellas, which is a great spot to sit and people watch.

This restaurant is great for just about any concept from Asian to Sandwich/Deli to BBQ to Mexican or Seafood/Steak. If you are BIG into Catering this is a perfect spot because of the cheap rent plus there is a back door which opens into a covered hallway for you to back a van or truck up to for easy loading.

Reason for Sale: The current owner just purchased this restaurant the end of November 2009 and has to sell so soon because she must move back to her country for family matters.

Take the next step to obtain the name, address, and pictures by clicking on the orange button below. This is a Business Intermediaries, Inc. listing.
Broker Chuck Machado DRE License #01899280

Lease

Region:
Orange County
Lease Term:
Expires November 31, 2011 (New Lease can be negotiated for a long term lease, if desired)
Total Monthly Rent:
$1,234
Security Deposit:
$5,000

Operations

# of Full-Time Employees:
1
Hours Open:
Monday - Friday: 7am-6pm
Year Established:
1978
Hood System Type 1:
Yes

Facilities

Indoor Seating:
31
Outdoor Seating:
8
Inside Sq. Ft.:
914

Highlights

  • Cute 5 day Restaurant
  • ONLY $1.35 per sq.ft. PLUS "Free" CAM charges
  • Located near Major Freeways & Shopping Centers In Beautiful Huntington Beach
  • Great for just about any Food Concept
  • Perfect Breakfast/Lunch Spot with Outdoor Seating
  • Great for Catering since the rent is cheap and there is a back door to load food
  • Visit Today

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
Yes
This Listing is Sold

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 60,198 219,763 486,792
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 19,847 68,763 164,970
2010 Persons Per Household 2.87 3.06 2.84
Median House Value $593,500 $517,566 $528,101
Income Per Household $75,599 $65,417 $69,881
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,671 5,489 11,943
2012 Number Of Employees 55,342 133,004 288,898
2012 Total Annual Payroll $1,996,138,000 $3,365,435,000 $4,294,967,295

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Business Intermediaries, 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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