Modern Asian-fusion Gastropub With Beer And Wine

Garden Grove, CA (Orange County)

Modern Asian-fusion Gastropub With Beer And Wine

Asking Price:$895,000

Cash Flow:$300,000

Gross Revenue:$1,320,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:N/A

Modern Asian-fusion Gastropub With Beer And Wine

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Business Description

Modern Asian-fusion Gastropub With Beer And Wine

Modern Asian-fusion Gastropub With Beer And Wine

RRC#: 2239
Asking Price: $895,000
Location: Garden Grove, Orange County, California
Yearly Revenue: $1,320,000
Yearly Cash Flow: $300,000
Monthly Rent: 12000 inclusive

LISTING DESCRIPTION:
New full service Gastropub style restaurant with open front kitchen with grilled steaks sizzling,Maine lobster split down the middle and stir fried with noodles ,there was a recent featured article by the food critic from the Orange County Register that was very complimentary and called them a game changer and the food more than fusion but more of a side by side blending of East and West,a multi generational juxtaposition. The decor is modern and provides a comfortable atmosphere with music playing on the stereo,I could also see adding some flat screen TV''s on the walls in between the assorted artworks and sculptures.The restaurant is 4,000 square feet with high ceilings in a festive mood that seats families and groups very easily.Serving Lunch and Dinner with a late night crowd on weekends.Could serve Brunch on weekends to increase flow. Fully equipped front and back kitchen with mostly all new equipment just built out last year,Good lease with 5 year option,Beer and Wine license, high volume,easy parking,great potential,Training,Turkey opportunity.

GENERAL INFORMATION:
Organization: Corporation | Year Established: 2014 | Current Owner: 2014 | Square Footage: 4000 | Parking: parking lot | Licenses Required: beer and wine | Days Open/Hours: Sun-Thur 11 am-11 pm Fri -Sat 11 am-2 am | Reason For Sale: Retirement |

FINANCIAL INFORMATION:
Yearly Revenues: $1,320,000 | Yearly Cash Flow: $300,000 | Payroll: $25000 |

LEASE INFORMATION:
Monthly Rent: 12000 inclusive | Lease Expiration: 2019 | Lease Option: 5 year |

FINANCING INFORMATION:

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Steven D . Zimmerman CBB, CBI

Business Listed By:
Steven D . Zimmerman CBB, CBI

Restaurant Realty Company

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Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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