Italian Restaurant Pizzeria In Orange County Beach Town For Sale

Business description

This is an exciting opportunity to purchase an Italian Restaurant & Pizzeria that’s a real local favorite in one of Orange County’s most popular Beach Towns. The food is wonderful and the owners provide a very family like atmosphere. Everything is made fresh from scratch and the menu is very affordable. Some additional features include a beer/wine license, catering, and a wonderful outdoor patio which is perfect for happy hour, parties, and dining. A new owner with energy, vision, and passion for the restaurant business can turn this into something special. The restaurant has been operated as a family business but the husband has a full time job and it is too hard for his wife to continue. A new buyer could even change the concept with the exception of a Chinese Restaurant so there are other options. The business is priced to sell and with some marketing and promotion this could turn out to be a steal.

Property information

Location:

Pacific Coast Highway location in Orange County. Lease is good through March 2010 but there are 3 (5) year options. The space is 1,500 Sq. Ft

Size in square feet:

1,500

Other information

Expansion potential:

The Sellers have done virtually no advertising so a new buyer would have to try and expand the market. The restaurant has a good web site and loyal customer base.

Support & training:

10 Days

Reasons for selling:

The Seller works full time and it is too hard for his wife to continue to operate.

Financing available:

$50,000 Cash Down + Inventory, $29,000-Terms negotiable to a qualified Buyer

Inventory / Stock value:

$4,000