Five Star Beachside Restaurant Location

Asking Price: $225,000

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Five Star Beachside Restaurant Location


Asking Price: $225,000

Asset Sale Description
This restaurant location is your opportunity to own one of the finest 5-star beachside restaurant sites in Orange County. For over 30 years, this restaurant has been serving fine Italian cuisine to locals and tourists alike, now needs a new menu & concept. Located in beautiful scenic Laguna Beach, it is less than a 5-minute stroll from popular beaches frequented by millions of tourists and locals throughout the year.

In the past this location & restaurant has had outstanding Yelp & Zagat reviews, and has received numerous awards including the OC Award of Excellence. When the current owner took over in mid-2016, he remodeled the entire kitchen and dining room, with all new furniture, fixtures, and equipment, and brought the space completely up to code. The seller uses this location as an overflow site when his primary restaurant gets busy on the weekends. In addition to the local art scene, this upscale Laguna Beach location has many annual events that draw huge crowds such as the Festival Of Arts, Sawdust Festival, and Pageant of the Masters.

The owner is starting the journey into retirement, so it is time for him to focus on just one restaurant. This prime location is ready for a new concept under new ownership. Advertise to the local community, open the restaurant during all regular hours, and serve food that’s worth coming back for. Tremendous growth is available for a new owner who is interested in serving breakfast, lunch, Sunday brunches, or aggressively advertising for catering. Many upscale concepts would succeed here, including Mediterranean, fine dining, and much more. The restaurant name, concept, and menu are not included; this is an asset sale that also includes a 47 liquor license, which alone is worth over $125,000!
These restaurant sites rarely come to the market. If you’re a restaurateur with experience and successful concept, this may be your next location. Questions? Interested? Reach out to the Agent today!
Detailed Information
Years in Operation
30
Facilities & Assets
Outside seating area for 16 was built out during COVID. Enjoy dining in the Southern California evening breeze!
47 license in place has a value of $125,000 alone
A lot of new equipment being transferred
About the Sale
Transition Support
Owner will help in the transfer
Seller Motivation
Semi Retiring
Financing
Seller may carry a small note with qualified buyer
Listing Info
ID
2433556
Listing Views
1

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Business Listed by: Tony Magana BottomLine Business Brokers

Listing ID: 2433556 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.