Santa Ana Restaurant & Bar w/Loyal Following – Liquor, Patio & Visibility!

Santa Ana Restaurant & Bar w/Loyal Following – Liquor, Patio & Visibility!

Santa Ana, CA


Asking 
$245,000
Gross Revenue 
$947,926
Potential Cash Flow 
$173,928

This style restaurant and bar offers a buyer an unbelievable location and at an attractive lease rate from which to launch their own concept, or to build upon its already proven concept. The sale comes complete with a liquor license, a bar, a full kitchen, as well as a patio that alcohol can be served on. The venue is ideally located to cater the large number of nearby state and county employees, the student population, as well as the number of young professionals in the immediate area including attorneys, accountants and various types of consultants.

Inventory 
5000

Accounts Receivable Included in Asking
No

Facilities

The 1,500 square foot venue plus patio leases for $3,070 per month on a lease until August 2023 with one 5-year option. It is estimated that the venue can seat up to 30 patrons inside, with an additional 26 on the fully covered patio. All of the business’s furniture, fixtures, equipment and Type 47 Liquor License will be included in the sale.


Competition

As a limited number of restaurants and entertainment venues exist in the highly popular area, competition is considered to be medium. The venue’s location lends itself to cater to a business lunch hour and happy hour crowd, as well as separate evening and night crowd, while its versatile layout lends itself to indoor and outdoor dining as well as take-out and delivery service.


Growth & Expansion

This restaurant and bar benefits from a proven concept with attractively low overhead. As a result, new management may wish to maintain the concept and operation ‘as is’ with modifications as they deep appropriate, or new management may wish to capitalize on the prime location, versatile layout, liquor license and outdoor patio to capitalize on the area’s popularity by implementing an alternate concept.


Support & Training

Seller will train for 2 weeks at 20 hours per week or as negotiated


Reason for Selling

Personal


Browse More Opportunities