Orange County Restaurants For Sale
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.
WANT THE NAME & ADDRESS: Take the next step and click the orange button below to obtain the name, address, and pictures of the restaurant.
Broker of Record Rob Tade DRE License #01339409
Lease
Operations
Sunday: Closed
Facilities
Highlights
- Located in the highly desirable Tustin-Irvine area
- strategically located within walking distance from major freeways and large auto mall and multiple high-rise professional office parks
- Good Income Levels, Many Large Employers, Planned Communities, Good School System
- Great Area and Restaurant for your Own quick-service food concept
- Restaurant has all permits/licenses required to operate as a restaurant. Very little to No headaches to implement your own concept.
- Great Lease: Base Rent ONLY $2 per square foot
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 102,171 | 205,804 | 517,745 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 32,939 | 61,660 | 150,055 |
| 2010 Persons Per Household | 3.09 | 3.23 | 3.20 |
| Median House Value | $569,539 | $529,972 | $532,526 |
| Income Per Household | $72,448 | $71,683 | $77,884 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 5,323 | 7,882 | 16,126 |
| 2012 Number Of Employees | 166,718 | 250,870 | 549,530 |
| 2012 Total Annual Payroll | $4,199,276,000 | $4,294,967,295 | $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.