Historic Restaurant and Bar in downtown district

Orange, CA (Orange County)

Historic Restaurant and Bar in downtown district

Asking Price:$595,000

Cash Flow:$200,000

Gross Revenue:$1,450,000




Lease Rate/Sq. Ft.:$6,200


Historic Restaurant and Bar in downtown district

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Business Description

Landmark Dinner House and Bar. Well established and very well known for high quality food and drinks. Open only for dinner. Recently earned 2 Best of Orange County awards from OC Register for Bar and for Romantic Dining. New energetic owner should greatly increase sales and profitability. Great, busy downtown location. Long established Restaurant and Bar. Many years in this community.
Above payroll includes a General Manager salary of $60k yr. $40k yr. for Back of House Manager and $40k yr. for Front of House Assistant Manager.
37% of the Net Sales are from Liquor, Beer and Wine.

Detailed Information

Real Estate:
Building SF:
Lease Expiration:
Approximately 4,500 square feet, 120 seating capacity.
Support & Training:
As needed
Reason for Selling:
Doing something new after 11 years

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Suzie Sales

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Suzie Sales

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