Business For Sale Listing 144129
Santa Ana Cafe/Bar w/Full Liquor & Great Location
Status as of Dec-2-2008 at 06:01 PM: Active
Business Summary
This café style restaurant and bar offers a buyer an unbelievable location and absolutely unbeatable lease rate from which to launch their own concept, or to build upon the current bar or restaurant concept. The sale comes complete with a full liquor license, a bar, a full kitchen, as well as a patio that alcohol can be served on. The facility is also permitted to have a DJ perform, or offer live entertainment.
This opportunity is not available to co-broker at this time.
The quaint café and bar occupies between 1,100 and 1,500 square feet and can likely seat up to 30, but also offers a fully covered patio that can accommodate another 26 patrons. The lease, which is perhaps the most attractive component of the sale, is at $1,680 per month including air conditioning, water and gas, with nominal $100 increases every 2 years, and is valid until 2013 with an option to be determined.
As only a small number of other restaurants or entertainment venues exist in the immediate vicinity, competition is considered to be low. This café and bar are ideally suited to do a large take-out and delivery business for the lunch hour, and attract an evening crowd for drinks and/or entertainment.
This restaurant and café have extremely low overhead, and a great deal of upside potential, particularly given the area's redevelopment coupled with the facility's location, patio, full liquor license, and ability to even offer DJs or live entertainment. New owners will likely seek to expand upon the existing concept, or modify it entirely to offer more 'everyday' style daytime food fare such as sushi or bistro specialties, while they can capitalize on the liquor license, location and outdoor patio by creating more of a lounge style atmosphere in the evening.
Categories
Industry
Location
Financials
| Sales: |
Between $100 Thousand And $500 Thousand (206,265) |
| Profits: |
Under $100 Thousand (32,450) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Asking Price: |
Between $100 Thousand and $500 Thousand (225,000) |
