N. Huntington Restaurant w/Beer & Wine – Versatile Build-out & Liquor CUP!
This North Huntington Beach area restaurant with beer and wine boasts a highly unique high traffic near beachside location that caters to multiple demographics of area residents and visitors, as well as the boating community. The location has a highly versatile build-out that may be adopted to any number of concepts. The master lease has a conditional use permit (CUP) that allows for additional of a Type 47 restaurant liquor license should a buyer wish to purchase one (for up to $75k extra) for their concept. The location has sidewalk seating accessible via large roll-up doors that create a contiguous indoor-outdoor dining space. The fully outfitted kitchen has a 2-bucket deep fryer, two stoves with a grill and griddle, a three bucket sink, a two door fridge and a reach down freezer.
This 2,500 square foot space, with outdoor sidewalk seating, leases for $10,595 plus $3,000 per month in a prestigious high traffic location with prestigious adjacent businesses, dining and entertainment venues. The lease is until 9/2032 with 2 five-year options. Though all of the business’s furniture, fixtures, equipment and beer and wine license will be included in the sale, the name and menu will not (though a buyer is welcome to implement their own similar concept. An estimated $5,000 in inventory will be sold at cost at close.
This venue occupies a prestigious location with busy retail, food and entertainment neighbors that can benefit from one another’s presence. Of course, a variety of restaurants are also located in this popular beachside community. These attributes, coupled with a large onsite parking lot, provide a number of advantages to a concept that is able to capitalize on them.
New operators may choose to implement a similar concept or they may choose to capitalize on the venue’s versatile layout and existing beer and wine license or potential for a liquor license to launch any number of food related concepts that can cater to this high discretionary income beachside community as well as the nearly adjacent communities.
Seller will train for 2 weeks at 20 hours per week or as negotiated