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Fast Casual Restaurant w/Beer, Wine & Patio – Shopping Center!

Laguna Niguel, CA (Orange County)

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Asking Price: $350,000

Cash Flow: $128,348

Gross Revenue: $1,237,305

EBITDA: $128,348

FF&E: $20,000

Inventory: $3,000*

Rent: $16,000 /Month

Established: 2003

*not included in asking price.

Fast Casual Restaurant w/Beer, Wine & Patio – Shopping Center!

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Business Description

This Laguna Niguel Area fast casual / upscale quick service restaurant with beer, wine and a sought after outdoor patio boasts a coveted prominent location with stellar street visibility and freeway access in a prestigious shopping center. The location’s spacious semi-open kitchen has a full line of kitchen equipment including a griddle, grill, stove, salad prep, a combination walk-in cooler and freezer as well as a manager’s office. The versatile buildout and the beer and wine entitlement and tap beer system lend themselves to any number of food service concepts.

Detailed Information

Location:
Laguna Niguel, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
N/A
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This 3,000 square foot location leases for $16,000 per month on a lease with until January 2014 with options to be determined and/or negotiated in the sale. All of the restaurant’s non-branded furniture, fixtures, equipment and Type 41 Beer and Wine License will be included in the sale. The name, menu and branded fixtures and other items will not be included unless the buyer chooses to maintain the concept. Whether or not the branding is retained its goodwill may be capitalized on if a concept with similar fare is implemented.
Competition:
A variety of quick service and fast casual food concepts exist in the area, but few occupy the prominent location or have the versatile build-out, optimum freeway access, street visibility, outdoor patio and beer and wine entitlement this venue benefits from. As a result it has a competitive advantage.
Growth & Expansion:
This corporate owned venue is absentee-operated with management in place. It could tremendously benefit from a full-time working owner-operator that could significantly reduce staffing expense while ensuring quality customer service and the highest possible average ticket sale. Similarly, a fast food set-up could further reduce labor costs. New operators may wish the retain the branding but thrive as owner-operators that can minimize those expenses associated with corporate locations, they may pivot to a similar independent or nony-flagged brand or they may capitalize on the location’s build-out and substantial attributes to launch any number of new concepts that may thrive in the remarkable location.
Support & Training:
2 Weeks at 20 hrs/wk
Reason for Selling:
Personal
Franchise:
This business is an established franchise
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Contact the Seller

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Michael Wildeveld, CBB, CBI, CM&AP, M&AMI, CEPA

Business Listed By:
Ryan Clark

The Veld Group

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Memberships & Certifications:
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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