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- RE: Brea Area Restaurant With Separate Lounge & Patio
- Contact: Ryan Clark
Quick Facts
Asking Price: | $1,300,000 | |
Annual Revenue: | $1,358,167 | |
Net Profit: | $250,121 | |
Cash Flow: | $435,557 | |
Total Debt: | Not Disclosed | |
FF&E: | $50,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2012 | |
Employees: | Not Disclosed | |
BBN Listing #: | 939445 | |
Broker Reference #: | HEINLEB |
Business Overview:
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.Â
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. Â This refined space offers patrons a sophisticated ambiance to savor the intricate flavors of its offerings. Â Both venues offer attentive service in 2 distinct, highly cozy atmospheres.
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Property Features and Assets:
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.
Market Competition and Expansion:
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.
Reason for Selling:
PersonalAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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