Asset Sale Description
**2nd Generation Restaurant Asset Sale in a Santa Ana Shopping Center**
This is a 2nd Generation Restaurant Asset Sale opportunity consisting of approximately 1,400 SF, located in a high-traffic shopping center in Santa Ana.
This is not a sale of the existing brand or business revenue. The new owner will acquire the existing restaurant facilities and equipment and have the opportunity to operate under their own business name, menu, and brand.
The space is currently operating as a restaurant and is already equipped with the basic facilities needed for restaurant operations, including a Hood and Grease Trap. This can significantly reduce build-out costs and the time required to open compared to building a restaurant from scratch.
The space is approximately 1,400 SF, making it a manageable size for operation. It is currently open from 10:00 AM to 9:00 PM, seven days a week. A new owner may choose to operate five or six days a week depending on their business concept and operating preferences.
The current Base Rent is approximately $5,000 per month, with CAM charges of approximately $2,000, for a total monthly occupancy cost of approximately $7,000. The rent increases approximately 2% annually.
The current lease runs through August 2032, with an additional 5-year Option thereafter. This provides favorable terms for a buyer looking to operate the business at this location for the long term. The current Tenant paid a $5,000 Security Deposit when the lease began.
The restaurant is located in a shopping center with steady customer traffic generated by shopping and various service businesses, making it a good location for a combination of Take-Out, Delivery, and Dine-In operations.
This is a 2nd Generation Restaurant Asset Sale opportunity consisting of approximately 1,400 SF, located in a high-traffic shopping center in Santa Ana.
This is not a sale of the existing brand or business revenue. The new owner will acquire the existing restaurant facilities and equipment and have the opportunity to operate under their own business name, menu, and brand.
The space is currently operating as a restaurant and is already equipped with the basic facilities needed for restaurant operations, including a Hood and Grease Trap. This can significantly reduce build-out costs and the time required to open compared to building a restaurant from scratch.
The space is approximately 1,400 SF, making it a manageable size for operation. It is currently open from 10:00 AM to 9:00 PM, seven days a week. A new owner may choose to operate five or six days a week depending on their business concept and operating preferences.
The current Base Rent is approximately $5,000 per month, with CAM charges of approximately $2,000, for a total monthly occupancy cost of approximately $7,000. The rent increases approximately 2% annually.
The current lease runs through August 2032, with an additional 5-year Option thereafter. This provides favorable terms for a buyer looking to operate the business at this location for the long term. The current Tenant paid a $5,000 Security Deposit when the lease began.
The restaurant is located in a shopping center with steady customer traffic generated by shopping and various service businesses, making it a good location for a combination of Take-Out, Delivery, and Dine-In operations.
About the Sale
- Seller Motivation
- Take a break
- Financing
- Full cash
Listing Info
- ID
- 2546029
- Listing Views
Listing ID: 2546029 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.
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