Huntington Beach, CA
Existing 3,000 square foot, full service restaurant and bar with a 20 seat outdoor patio. Licenses: 47 full liquor, 2am closing, dancing & entertainment permits. 7 year lease, w/ one 10 yr. option
Orange County, CA
Well-established and highly profitable award company for sale in Orange County. This business encompasses 2 companies: a retail award and trophy shop, and a wholesale light manufacturing company that sells award components to the Award and Recognition industry. Established in 1971, there are over 500 repeat customers that continue to deliver profitable sales growth: 4.2% in 2013, 9.5% growth in 2012, 11% growth in 2011, in spite of tough economic conditions during these periods. In 2013, this company acquired the customers of a local competitor that established over $40,000 in incremental sales. All acquisition costs have already been paid. As a result this is now the only award and trophy company in its city. Sales growth has come from investing in Internet advertising, search engine optimization, and upgrading of the company web site. Processes include laser engraving, rotary engraving, sublimation, and blasting and screen-printing. Substantial growth opportunity is possible through expansion into the Advertising Specialty market.
Location: Prime corner location that is highly visible on a main street since 1983. The building encompasses multiple showrooms, offices, warehouse and manufacturing space.
Lease: Assumable below market lease by local and very reasonable landlord. Recently negotiated an extended lease through June 2016 at a below market rate of $.68 sq. ft.
General: This business is being offered for sale as the current owner wants to retire. The ideal buyer is a partnership or Husband/Wife team that wants to run a hands on business. Experience in the industry is not required as the current owner will train the new owners. There are currently 3 part time employees.
Type 42 Beer/Wine/Soju cocktails bar 960 square feet, 43 occupancy with entertainment permit allowing one man band and karaoke. It was completely built out with new everything. It has full heat and A/C. It is ready to run as is or you can change the name and concept and chase your dream! I built mine! Located 2 traffic lights south of the busiest intersection on Beach Blvd at the 405 freeway with 70+ THOUSAND cars passing on busy days! Situated ideally next to a take out pizza shop that is open until 10pm. Ample parking in lot/adjacent lot and on street. Bar can be handled by one employee easily. Interior and exterior were rebuilt to my specs November, 2011 but has been a bar since 1961. You will not find another bar like this for sale in Huntington Beach at this price. I'm in it cheap so I'm letting it go under market value. It is occasionally rented as a filming location and for private parties also. It is the closest lounge to the new Bella Terra Mall and Lofts and is surrounded by thousands of apartment units and sfr's. It is a regular hangout for the surrounding restaurant and retail employees. Established karaoke and comedy nights running with weekends open to do same or keep running live acts. Rent is 2750.00 per month with 3 years of 5 year lease remaining with option for five more years before close of sale. Beautifully built out with convenience in mind so it can be cleaned and stocked in under an hour and closed in 15 minutes. To view additional photos of interior and exterior, go to www.mybar4sale.blogspot.com
Please dial extension 517 so you are routed correctly if you decide to call us on this opportunity at (800) 985-4939! Thanks!
The subject business is ideal for a Buyer seeking a turnkey solid NET income business that is owner operated. Cultivating a repeat clientele this location has a slew of regulars, and a new long term lease for the subject premises will be a condition of any closing. Seller has very few fixed expenses, thus contributing to the high margins. Capacity is 50 and includes all permits for compliance purposes. Presently the location is doing hookah sales only. NDA is required for exact business address and to visit as a customer only!
Huntington Beach, CA
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