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#5507
Orange County Restaurants For Sale

Profitable Indian Restaurant w/Beer & Wine - SBA Loan

$149,999
Sold
Profitable Indian Restaurant w/Beer & Wine - SBA Loan
This Listing is Sold

Profitable Indian cuisine restaurant with excellent reviews in affluent Orange county.

Nice build out and ideal location. Seconds from the 5 freeway, demographics are great and really support this concept

Super easy access coming from Mission Viejo and Lake Forest both, perfect middle ground to easily drive in customers from both of these.

Fast casual Indian food with outstanding food and value. Yelp is 4.5 stars with nearly a thousand reviews. Go try their food first and see for yourself what everyone is so happy about.

Seller has owned the place since 2015 and spends very little time there so he has decided to sell and let the next owner reap the rewards.

Sales in 2017 were $ 537,047

Sales in 2018 were $ 567,132                                                                                                        

Tax return schedule C net income for 2017 was $71,402

Tax return schedule C net income for 2018 was $72,700

Adjusted net income in 2018 was $79,420.

Restaurant is located in a very popular Orange county retail center with lots of traffic and great freeway access.

Seats approximately 90 inside and another 20 outside

The restaurant is 2472 feet with a nice outdoor patio adding another 400 Sq. feet.

Monthly base rent is $5,805 CAM is $1,820/month. Total monthly rent of $7,625.  

Current lease expires July 2021 plus a three-year option.

Take advantage of the restaurants goodwill and profitability that has been built up over the years. It’s turnkey and ready for you today!

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:
Expires July 2021 with three year option available
Total Monthly Rent:
$5,805

Financials

Last Year's Annual Gross:
$567,132
Last Year's Owner's Cash Flow:
$79,780
Last Year's Food Cost %:
36.7
Last Year's Payroll Cost %:
10.2
Last Year's Rent %:
15.7
EBITDA:
72,700

Operations

Liquor License:
41 beer and wine
# of Full-Time Employees:
2
# of Part-Time Employees:
6
# of Family Employees:
2
Hours Open:
Tuesday-Sunday
11-3 lunch
5-10 dinner
Year Established:
2015
Hood System Type 1:
Yes

Facilities

Indoor Seating:
90
Outdoor Seating:
20
Inside Sq. Ft.:
2,472
Outside Sq. Ft.:
500

Highlights

  • Orange county Indian Food
  • Very popular concept
  • Highly rated yelp reviews
  • large capacity
  • beer and wine license in place
  • Super easy freeway access
  • Great demographics
  • Nice patio area

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

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.

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