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Restaurant W/separate Lounge& Patio In Brea For Sale

Brea, California - South, US
Asking Price:
$1,300,000 Furniture / Fixtures included
Sales Revenue:
$1,358,167
Cash Flow:
$435,557

This greater Brea area restaurant and lounge seamlessly blends 2 extraordinarily popular cuisine into a single fusion experience. The venue, which is comprised of a restaurant, and an entirely separate bar operation – each with its own kitchen despite operating under a single Type 47 Liquor License. In the restaurant, patrons are able to indulge in a distinctive culinary experience with a customer embraced flair.

To complement the dining venue, the business boasts an entirely separate bar and lounge, which offers an intimate environment for specialty cocktail and spirit enthusiasts. This refined space offers patrons a sophisticated ambiance to savor the intricate flavors of its offerings. Both venues offer attentive service in 2 distinct, highly cozy atmospheres.

Property Information

Real Estate:

Lease

Leasehold Rent:

$12,328 per annum

Premises Details:

The combined space is comprised of 3,885 square feet plus a 1,028 square foot patio. A new 10-year lease, at $10,683 per month including common area maintenance (CAM), will be established with two 5 year options. All of the company’s furniture, fixtures, equipment, goodwill and Type 47 Liquor License will be included in the sale. Approximately $10,000 in inventory sold at cost at close.

Size in square feet:
4,885

Business Operation

Competition / Market:

In a competitive culinary scene, both venues possess a distinctive edge. One is reinforced with their lounge, and a second results from the restaurant’s unique blend of authenticity and creative fusion flavors. In both categories, this refined destination is a standout in the area’s culinary and entertainment landscape.

Reasons for selling:

Personal

Employees:
17-23
Years established:
2012

Other Information

Support & training:

Seller will train for 2 weeks at 20hrs/week or as negotiated.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Seller may consider a small, secured carry to a creditworthy buyer with sufficient experience to facilitate an SBA or conventional loan, based on the overall offer.

Furniture / Fixtures value:
$50,000 - included in the asking price
Inventory / Stock value:
$10,000