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#1347
Orange County

Wow! Base Rent Just Reduced by 40% for this Great Looking 6 Day Sandwich Shop.

$58,000
Sold
Wow! Base Rent Just Reduced by 40% for this Great Looking 6 Day Sandwich Shop.
This Listing is Sold
Selling Restaurants presents this well appointed and nearly new sandwich shop located in the heart of South Orange County surrounded by affluent neighborhoods, businesses and retail centers providing heavy traffic flows. The base rent was just reduced by 40% which is effective for 6 months(until approxiamately the end of August 2009). The new base rent is $1,675 with monthly CAM charges of $831. Total monthly rent is only $2,506. That's only $1.58 per square foot. A HUGE savings. Take advantage of this reduction. In addition the restaurant is clean and professionally appointed and is perfect for your new concept or continue with the existing menu. It currently features a menu consisting of hot/cold sandwiches, subs, specialty sandwiches, combo meals, salads, and some popular South American flavor in addition to a beer and wine license. The current owner remodeled this beautiful restaurant in 2008. This business focuses on the lunch business in the surrounding area and a new owner could grow the business by promoting dinner service. The landlord has already approved any upgrades for the installation of a hood system, grill, and grease interceptor system for any concept that the new buyer may need. Expand the shop into a sports venue deli concept as there are two dinning areas. There is plenty of seating and plasma t.v's already connected to satellite for the sports games. If you brought a happy hour with discounted appetizers and more the evening and dinner rush would bring tremendous opportunity and potential. This is a very simplistic concept with ease of operation and just right for the buyer who wants a smaller restaurant with great demographics and one that can easily turn into a cash cow with patience and good planning. Take a look today. Ask the agent for financial data, leasing information and for the restaurant's website address.

Take the next step and go to sellingrestaurants and select one of the bright orange buttons below the listing. Then select the "New registration" Button. When you register, you get the name, address and pictures right on-line - no paper or faxes - you'll also get priority notification of our 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 Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Orange County
Lease Term:
expires November 2010
Total Monthly Rent:
$2,506
Security Deposit:
$2,091

Operations

Liquor License:
41
# of Full-Time Employees:
3
# of Family Employees:
1
Hours Open:
Monday-Friday: 9a-8p
Saturday: 9a-6p
Year Established:
02/2008

Facilities

Indoor Seating:
45
Outdoor Seating:
3
Inside Sq. Ft.:
1584

Highlights

  • Great Location Surrounded by Affluence.
  • Solid Demographics with high Income Levels.
  • Beer & Wine License Included
  • 2 Plasma T.V.'s
  • Heart of South O.C.
  • Professionally Finished Facility
  • Could Expand Business by Promoting Dinner Hours and Sports Deli Concept

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 48,109 187,983 330,905
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 16,244 63,704 116,023
2010 Persons Per Household 2.87 2.85 2.68
Median House Value $523,100 $527,357 $482,704
Income Per Household $92,710 $91,925 $90,592
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,720 6,296 9,056
2012 Number Of Employees 37,674 142,886 228,544
2012 Total Annual Payroll $842,699,000 $3,163,381,000 $4,294,967,295

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, 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 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.

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