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#4157
Orange County
Los Angeles - Hollywood - DTLA

Steal This Mediterranean Restaurant in Prime OC Area!

$75,000
Sold
Steal This Mediterranean Restaurant in Prime OC Area!
This Listing is Sold

Recent and Huge Price Drop on this very nice Business! Don't wait to make your dreams come true. Located in South Orange County-this is a steal!

 Restaurant Location is what owners look for and this restaurant is visible from the freeway! You can keep the current concept or change it to bring your own. Either way, this building is immaculate and the location is wonderful. Do yourself a favor and drop by this South Orange County Freeway spot!

Current owners are looking into adding Hookah because clients are asking for this. 

Possible concepts that will work here include Thai, Indian or Asian.

Full Hood and Walk in plus all equipment needed to run your own sucessful restaurant. With the recent price drop, this restaurant is going to get a lot of action.

 

Owners other business ventures pull them away from this very popular and sucessful  Mediterranean restaurant. Delicious food as evidenced by a huge Yelp audience, and the current, renown chef leaves his recipes so the next owner may continue in this profitable restaurant.

Located in a populated area in Orange County with clients seeking their home-town mediterranean cuisine, a proud owner of this restaurant would have to do very little to continue with the present concept. Sales are increasing each month and current catering business continues to grow.

Open 7 days serving lunch and dinner, this hot spot has a wide audience coming in for local favorites such as beef kobidah and chicken tika kabob. 41 license, catering and private parties add to the bottom line.

Seating for 96 inside and a comfortable patio will seat 23. 2472 sq. ft. Turn Key.

Full kitchen with everything you need to expand the concept. Grease traps in, lease offers the opportunity to grow with 4 years remaining plus 3 options of 5 years each.

2472 sq ft plus two restrooms and a small entertaining area. This opportunity won't last long and smart buyers will want to look at this one!

This is a Business Intermediaries, Inc. listing.
Broker Chuck Machado DRE License #01899280

Lease

Region:
Orange County
Los Angeles - Hollywood - DTLA
Lease Term:
Expires 10-2017 with 2 five year options
Total Monthly Rent:
$6,238

Financials

Last Year's Annual Gross:
$360,089
Last Year's Food Cost %:
23
Last Year's Payroll Cost %:
21

Operations

Liquor License:
41
# of Full-Time Employees:
3
# of Part-Time Employees:
4
# of Family Employees:
2
Hours Open:
7 Days
11:30-Midnight
Year Established:
2013
Hood System Type 1:
Yes

Facilities

Indoor Seating:
55
Outdoor Seating:
10
# of Parking Spots:
30
Inside Sq. Ft.:
2472
Outside Sq. Ft.:
150

Highlights

  • Mediterranean Restaurant Orange County
  • Freeway Visibility Mediterranean Restaurant
  • Popular Orange County Mediterranean
  • Freeway Close Middle Eastern Restaurant
  • Middle Eastern Restaurant Orange County
  • Afghan Restaurant Orange County
  • Location Location Location
  • Bring Your Concept To S Orange County

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 61,375 109,484 294,742
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 20,094 36,338 101,345
2010 Persons Per Household 2.92 2.90 2.65
Median House Value $476,200 $497,165 $484,331
Income Per Household $84,871 $88,375 $88,183
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,826 3,546 10,976
2012 Number Of Employees 49,666 87,340 374,474
2012 Total Annual Payroll $1,189,440,000 $2,032,139,000 $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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