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

Overview

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.

Additional Details

Facilities

The 1,500 square foot venue plus patio leases for $3,098 per month on a lease until August 31, 2028 with options to be negotiated. It is estimated that the venue can seat up to 30 patrons inside, with an additional 26 on the covered patio. 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.

At a Glance

Asking Price: $295,000

Gross Revenues: $561,616

Inventory: $5,000

Potential Cash Flow: $23,234

Location: Santa Ana, CA

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