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Asking Price$150,000
Revenue$813,000 EstablishedUndisclosed
Cash FlowUndisclosed EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Classic Gem,beautiful Restaurant And Bar With Full #47 & 58 Liquor Licenses, Patio, Busy Center

RRC#: 2831
Asking Price: $150,000
Location: Newport Beach, Orange County, California
Yearly Revenue: $813,000
Yearly Cash Flow: Contact For Info
Monthly Rent: $8,406

LISTING DESCRIPTION:
Beautiful Restaurant and Bar with covered outside Patio all upgraded and classic Cuisine, #47 Liquor license and hard to find #58 license for extra income with exclusive wine cellar. Fine wine temperature controlled display cabinets in the Dining room, Bar is fully equipped with beer and wine coolers, espresso machine and wine racks ,full liquor display fine wood Front wood fired and gas Bakers Pride pizza oven, Hobart dough mixer,6 burner stove 2 ovens including convection oven, dish washer, walk in box and much more everything you need Full liquor license #47 and unusual #58 to sell fine wine bottles to go from the wine cellar new operators can increase revenue by adding breakfast and lunch now only open for dinner Owners retiring after 25 years makes this opportunity possible, Turn Key or bring your own concept.

GENERAL INFORMATION:
Organization: Corporation | Year Established: 1992 | Current Owner: 1992 | Employees: 3 part time | Seating: 60 | Square Footage: 1600 & 750 Patio | Parking: Parking Lot | Licenses Required: ABC #47 and #58, Health | Days Open/Hours: 5-9:30 Mon-Sat | Reason For Sale: Retirement |

FINANCIAL INFORMATION:
Yearly Revenues: $813,000 | Payroll: $4,134 |

LEASE INFORMATION:
Monthly Rent: $8,406 | Lease Expiration: 9/1/2019 | Lease Option: 5 Year Option |
Ad #97255
Seller Reference #2831
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Contact This Seller
Steven D. Zimmerman, CBI, M&AMI, CBB, FIBBA
Restaurant Realty Company
415-945-9701
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