Sushi, Teppan, Cocktails, $2.7M Sales 2024, Asset Sale, Dinner Only!
Asset Sale Description
Cocktail Bar w/Sushi and Teppan! $2.7M Sales, Sale of Assets, Open for Dinner On
Asset Sale with Gross Revenues in 2024 of $2,730,000. Very Popular Sushi & Teppan Grill Restaurant with Full Cocktail License. Popular Trendy, Long Established in the Heart of South Orange County, Mission Viejo. Since 2005 This Happening Restaurant with a Club Vibe has Been Rockin Customers and Pouring Drinks packed on weekends. Prime Location on Top Floor of Shopping Center directly across from Movie Theater. Very short hours from 5:00 PM and Kitchen closing at 10:00 PM. Drinking goes on until customers thin out. Ample parking, large and very spacious at 8660 Square Feet plus Patio yielding 9200 Square Feet total. Maximum Capacity is 385 inside, and 49 on Patio. Rent is $2.51 + NNN $0.99 per SQFT. Total Rent + NNN is almost $30K per month. Total of 40 Employees run the show with a full time manager. Owner lives out of state, and wants the business sold. This is a great opportunity to acquire a solid, long running establishment with a long lease and fantastic terms. Clean ABC 47 Cocktail License.
This is an "Asset Sale, As Is, Where Is". Seller has lowered the price for a quick sale of assets. Sales records are on the POS, but this is an Asset Sale with no further Book Check. Buyer may perform due diligence on the assets, not goodwill.
Buyer should be professional, experienced, and have ample liquidity to successfully operate such a large restaurant, and qualify with the Landlord.
Confidential Sale, please do not disturb employees, landlord, neighbors or customers. Contact Broker for more information and NDA.
Listing: 5218 WP
This is an "Asset Sale, As Is, Where Is". Seller has lowered the price for a quick sale of assets. Sales records are on the POS, but this is an Asset Sale with no further Book Check. Buyer may perform due diligence on the assets, not goodwill.
Buyer should be professional, experienced, and have ample liquidity to successfully operate such a large restaurant, and qualify with the Landlord.
Confidential Sale, please do not disturb employees, landlord, neighbors or customers. Contact Broker for more information and NDA.
Listing: 5218 WP
Detailed Information
- Years in Operation
- 20
- Facilities & Assets
- 20 Years Established, Large 9000 SF facility. Full Kitchen, Huge Island Sushi Bar, Many Fully Vented Teppan Tables, Nice Patio. Prime heart of South Orange County location off 5 Fwy. Recent updates to furniture and air conditioning units.
About the Sale
- Transition Support
- Owner lives out of state, so manager will provide training to new owner.
- Seller Motivation
- Moved out of State
Listing Info
- ID
- 2239879
- Listing Views
- 5375
Attached DocumentsAttachment Disclaimer
Listing ID: 2239879 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.