Tustin-Irvine Area Quick Serve Restaurant in Upper Class Area For Sale

We proudly present this quick serve restaurant located in the highly desirable Tustin-Irvine area. Tustin and Irvine have some of the most affluent planned communities within Orange County with above-average discretionary income expenditures.

The restaurant is strategically located on the corner of a major blvd for great visibility, next to several major freeways for convenient and quick access, a popular automobile mall, a very short distance from many large high-rise professional office parks, and a Premier specialty hospital.

TURN-KEY RESTAURANT: This nearly turn-key restaurant is nearly ready to go for many different food concepts. Continue with the current concept or introduce your own. With very little effort you should be up and running taking food orders. To the best of our knowledge the restaurant has all permits/licenses required to operate, a fully equipped kitchen, large hood vent and well maintained equipment.

Why take over a closed down restaurant and deal with the headaches bringing the space current to city/health standards by having to obtain building permits plus the headaches of passing the health department’s critical standards when this restaurant is turn-key as it stands. (Note: Depending on the new food concept additional upgrades may be required).

AFFORDABLE LEASE: The current lease is Very Affordable with Base Rent ONLY $2 per square foot. This is Great base rent terms for the Tustin-Irvine area which is often very expensive.

AREA DEMOGRAPHICS: The area is highly desirable and offers many large employers, major freeways, exclusive gated communities, great school system, and strong demographics. Household Income Levels and Restaurant Sales Volume Expenditures within the area are strong. In 2009 the Average Household Income for approximately 1 Mile from the restaurant was $67,037.00; 3 Miles was $82,793.00; and 5 Miles was $90,583.00. In 2009 Annual Retail Restaurant Sales Volume Expenditures for approximately 1 Mile from the restaurant was $44,682,626.00; 3 Miles was $344,443,144.00; and 5 Miles is incredibly over $1 Billion Dollars at $1,141,571,668.00 (Note: Independently verify the accuracy of these statistics).

RESTAURANT FEATURES: The restaurant features a comfortable quick serve concept. The kitchen notably features a large Type I hood vent with ansul fire suppression system, multiple large stand alone refrigeration/freezer units, burner range, oven, sauce/soup stock burner, deep fryer, multiple refrigerated prep tables, etc. The fully equipped kitchen setup should work for most food concepts if you chose to not continue with the current menu.

REASON FOR SELLING: Relocation out of the area.

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Demographics

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