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#4075
Orange County

Restaurant Lease-Best Orange County Location

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Restaurant Lease-Best Orange County Location
This Listing is Sold

Back on Market. Don't Miss This Opportunity!!

Tremendous Location-Tremendous Opportunity!  South Orange County Restaurant For Lease

Closed Restaurant-This is one of those Great Opportunities in the life of a restaurant owner! Have you dreamed of owning a restaurant near the beach? 

One of the finest locations California has to offer, this restaurant is for lease. Previous owner operated as a steak house and closed the doors. 

This is a South Orange County location with a huge visitor population. One of the top locations to visit in the world, you will not be looking for clients tas this area has a metro station close and plenty of visitors. Plenty of parking and a lease secures your opportunity to get established. Past revenue topped $1M annual as recent as 2013.

Demographics in th 3 mile radius total 80,000 residents. Median income is $73,000 annual.

This restaurant is across the street from one of California's most visited Catholic Mission's. The visitor population is constant and the metro train station is a block away. You won't find a better location in So Orange County!

Currently seats 80 and previous owner had also negotiated a lease on the rear outdoor patio at a super low rate. This patio will seat 28 and will be a great venue for small gatherings, receptions and community meetings. Another outdoor patio in the front of the restaurant is open and seats 24.

Rent is $12,000 per month-includes NNN and runs till 2027. Comes with 2 five year options. 3840 sq ft. Front patio will attract visitors and a rear patio is available on a separete lease. 

This presents an opportunity to be part of a growing and upscale community looking for venues to dine.Last concept was Steak, but Mediterranean, Sushi or Italian would be a very good fit here. Landlord is looking for an experienced operator to take this spot. This was a white tablecloth concept with a good wine selection and street front location. South Orange County doesn't have anything better to offer.

You will need strong financials, a proven record of restaurant success and very good credit.  It was open for business as recent as June, 2014 but the previous owner sold the equipment. Hood is in place-A Large Hood!

Liquor license is a 47 which is still owned by previous owner. You will need to purchase a license on the open market. Grease traps in,this was open 6 days by an absentee owner.  Sudden illness has forced him to close. 

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

Lease

Region:
Orange County
Lease Term:
Exp 8-2027
Total Monthly Rent:
$11,746

Operations

Hood System Type 1:
Yes

Facilities

Indoor Seating:
80
Outdoor Seating:
48
Inside Sq. Ft.:
3843
Outside Sq. Ft.:
600

Highlights

  • Lease Restaurant South Orange County
  • Orange County Lease Bring Your Concept
  • Premier Lease Opportunity In San Juan
  • Orange County AAA Location For Restaurant
  • Busy Tourist Area-Restaurant Lease Orange County
  • San Juan Mission Restaurant For Lease
  • Bring Your Concept Lease Orange County
  • Beach Close Awesome Lease Closed Restaurant
  • Bring Your Concept Lease Near The Beach

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 35,590 113,725
Households 3-mi. 5-mi
2010 Number Of Households 11,452 37,479
2010 Persons Per Household 3.03 2.96
Median House Value $522,000 $560,922
Income Per Household $75,551 $104,029
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,173 2,650
2012 Number Of Employees 23,048 60,634
2012 Total Annual Payroll $541,304,000 $1,441,658,000

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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