Restaurant/Cafe in the Circle of Orange

Orange, CA (Orange County)

Seller Financing Available
Restaurant/Cafe in the Circle of Orange

Asking Price:$299,000

Cash Flow:$140,393

Gross Revenue:$982,561

EBITDA:N/A

FF&E:$40,000

Inventory:$10,000

Rate/Sq. Ft.:$4.05

Established:2006

Restaurant/Cafe in the Circle of Orange

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Business Description

Rare opportunity to own a successful Restaurant/Café in the Circle of Orange. We all know how popular the Circle is and how hard it is to find a Restaurant to buy there. This Restaurant strives to bring great quality food and great service to the City of Orange. People come from great distances for the offerings, great atmosphere and the great food served at this Cafe. With a location like this you can't miss! Community events, great walking traffic, lots of other food choices to help drive traffic into this area.
Great yelp reviews!
2,230 sqft. Rent is $9045.00 per month. Lease expires in 2020 with extensions

Assets and Amenities include: A walk-in cooler combo, full kitchen, wonderful architecture, POS system, Beer & Wine license, grease trap, twin tank-less water heaters and much more.

The business enjoys a large catering customer 7 days a week

This business is mostly help run. Owner is just 10-15 hours a week

Restaurants for sale in Old Town Orange are rare, don't miss this opportunity!

On track to do $982,561 for this year Net $140,393(owner replaces some working staff)

Seller will carry!

Price recently reduced from $350,000

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
2,230
Lease Expiration:
6/1/2020
Employees:
13
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Yes
Reason for Selling:
Retire and moving

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Sean Edelstein

Business Listed By:
Sean Edelstein

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