This assets sale restaurant location is your opportunity to own one of the finest 5-star beachside restaurant sites in Orange County. For over 30 years, this restaurant has been serving fine Italian cuisine to locals and tourists alike. Located in beautiful scenic Laguna Beach, it is less than a 5-minute stroll from popular beaches frequented by millions of tourists and locals throughout the year.
When the current owner took over in mid-2016, he remodeled the entire kitchen and dining room, with all new furniture, fixtures, and equipment, and brought the space completely up to code. Now we are selling a complete restaurant with all equipment in place. We have a 47-liquor license available for an additional $125,000.00. Although a buyer can acquire a Beer and Wine license for around $2,000.00 and place it at this location if they want too. The seller currently uses this location as an overflow site when his primary restaurant gets busy on the weekends. In addition to the local art scene, this upscale Laguna Beach location has many annual events that draw huge crowds such as the Festival of Arts, Sawdust Festival, and Pageant of the Masters.
The owner is starting the journey into retirement, so it is time for him to focus on just one restaurant. This prime location is ready for a new concept under new ownership. Advertise to the local community, open the restaurant during all regular hours, and serve food that’s worth coming back for. Tremendous growth is available for a new owner who is interested in serving breakfast, lunch, Sunday brunches, or aggressively advertising for catering. Many upscale concepts would succeed here, including Mediterranean, fine dining, and many more. This is an asset sale, so the restaurant name, concept, and menu are not included.
Prime restaurant sites rarely come to the market. If you’re a restaurateur with experience and successful concept, this may be your next prime location. Questions? Interested? Reach out to the Agent today!
