1. PLEASE SUBMIT NDA AT BELOW LINK TO GET PROPERTY ADDRESS.
2. PLEASE VISIT THE LOCATION FIRST.
3. ASK QUESTIONS BY EMAIL OR TEXT.
Asset Salelocated across from the beach in the very affluent area of Newport Beach. This bistro not only offers access to over 6 million visitors a year, but is also home to an upscale, beach-loving, hungry clientele.The owner has done an outstanding job utilizing the space. This sandwich and juice shop is pristine, hip and welcoming, with rustic faux wood tile and grass walls, easy read hanging chalk boards showcasing their menu and incredible accent lighting. All the equipment is brand new and well maintained. In addition, the bistro has been awarded a 2019 health department Certificate of Excellence; they're spotless, they earned it.The business partners are going different directions, so it's time to sell the business. We all know the money, time, and frustration required to build out a space; you can drain all your funds before even opening the doors! This owner has already done all the difficult and expensive work; save your money for working capital and marketing! Despite online reviews raving about the food quality, there is much room to grow their online presence; their Instagram and Facebook have a minimal following. Utilize social media, advertising, and marketing to grow your bottomline! Also, the owners are missing a big one: they close at 3 (or 4) pm, missing some of the most profitable hours at the location, especially during the summer. Expand to corporate events, private parties and event catering to put more money into your pocket! Two options for this location: either operate the same (or a similar) sandwich business or rebrand the space with your winning concept! This would be fantastic location for poke, boba, gelato, coffee/tea, shaved ice, beach snack bar or even charcuterie!If you are looking for a premiere location only steps to the beach, then you have found the ideal space with the ideal rent. Rarely do South Orange County opportunities come up and the demand is high! If you are interested, do not hesitate to take advantage of this location, as it will not last!Price$89,000Inventory$2,500Total Asking Price$91,500Transfer FeesLease Transfer Fee $500Owner FinancingNoOwner TrainingYes
Rent$2,785 MonthlyCAM$986 MonthlySecurity Deposit$7,174Space930 Sq. Ft.Indoor Seating7Patio Seating4ParkingSmall lot and ample metered beach parkingease ExpiresMarch 2023Options1x 5yrAnnual Increases: Lease3%Annual Increases: Options3%Additional Lease TermsTenant friendly seasonal lease (stated monthly rate is 12-month average)Total Sales$72,485 June 14-Dec 31, 2018IncomeAsset SaleEmployees0 F/T · 2 P/T · 0 Ind. ContractorsPayroll$7,321 YTDCurrent LicensingBusiness License (City) · Health Permit · Seller's PermitLease & ContractsEquipment LeaseReason for SalePartnership SplitFranchise DetailsBusiness is not a franchiseBusiness TypeFood, Retail · SandwichesCurrent Ownership1 year , since Jun. 2018Business EstablishedJune 2018Business HoursOpen: 7 Days a WeekClosed: NoneHours: Mon-Fri 9am-3pm, Sat & Sun 9am-4pmOwner’s HoursFull Time
- Steps to the Beach!
- High foot traffic area, with over 6 Million Visitors Each Year!
- Low rent and virtually new build out
- Additional upstairs storage/small office not included in rent or square footage rate (approx. 150 sqft)
- Equipment Value (Estimate)
Excluded Equipment (Personal Effects)
Equipment Owned by Outside Vendors
Coca Cola Refrigerator, Lease equipment & delivery service tablets
- Restaurant Improvements
In-Ground Grease Traps
Shared Grease Trap-(Buyer to Verify)
(Buyer to verify all required city approvals)
Estimated Value to Build Similar Location
DISCLAIMER: 이 매물은 해당 에이전트가 직접 올린 내용으로 내용에 대한 모든 책임은 해당 에이전트에게 있으며, 이 내용을 본 후 결정한 판단에 대한 책임은 게시물을 본 이용자 본인에게 있습니다.
라디오코리아는 이 글에 대한 내용을 보증하지 않으며, 이 정보를 사용하여 발생하는 결과에 대하여 어떠한 책임도 지지 않습니다.