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Classic Gem,beautiful Restaurant And Bar With Full #47 & 58 Liquor Licenses, Patio, Busy Center

Newport Beach, California : Restaurants
Listing #2831

Classic Gem,beautiful Restaurant And Bar With Full #47 & 58 Liquor Licenses, Patio, Busy Center RRC#: 2831 Asking Price: $275,000 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 |

Asking Price:

$275,000

Gross Income:

$813,000

(last 12 months)
Cash Flow:

Undisclosed

(last 12 months)
Inventory Value:

Undisclosed

Year Established: Business is Closed: No
Seller Financing Available: No Owner Operated: No
FF&E included: No Home-based: No
FF&E Value: Training provided No
Real Estate is included: No Easily Relocated: No
Value of Real Estate: $0 Number of Employees: 0
Real Estate Square Footage: 0

Classic Gem,beautiful Restaurant And Bar With Full #47 & 58 Liquor Licenses, Patio, Busy Center

RRC#: 2831
Asking Price: $275,000
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 |


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