Old Town Orange Restaurant with Liquor – Prime Location
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This upscale Restaurant with liquor, patio seating, and onsite parking is located near the highly coveted Orange Circle, in Old Town Orange’s Historic District. The relaxed breakfast, lunch and dinner dining spot offers a polished take on contemporary American cuisine with different European influences. Known for its stylish interior, vibrant bar scene, and outdoor patio, it serves a diverse menu ranging from fresh seafood and steaks to creative small plates and handcrafted cocktails. Given its location adjacent to the high foot traffic Orange Circle, the venue is a popular choice for both casual nights out and special occasions, blending refined flavors with a lively, welcoming atmosphere.
About the Business
- Years in Operation
- 30
- Facilities & Assets
- This 4k (approximate) square foot location leases for $26,40k per month including CAM on a 10-year lease term that will expire in 12/2030, with one 5-year option. All of the business’s furniture, fixtures, equipment, goodwill, and Type 47 Liquor License will be included in the sale. An estimated $10k - $20k in inventory will be sold at cost, at close.
- Market Outlook / Competition
- Several competing establishments in the area deliver similar upscale-casual dining experiences in this highly popular area. Many also combine global influences and a lively, social atmosphere. These venues often feature seasonally driven menus, and thoughtfully designed interiors that appeal to both casual diners and those celebrating special occasions, however others may not enjoy the benefits of the liquor license entitlement, patio seating, or onsite parking lot.
- Opportunities for Growth
- New operators will likely wish to capitalize on the venue’s loyal client base, by maintaining some of the menu favorites while implementing their own concept. Since the proven location has demonstrated its ability to generate high annual revenues from their client base, new management will want to determine how to further enhance the offering continue to fill seats and attract high margin sales with sought after food offerings and stellar customer service.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,000
- Rent
- $26,405.00 per month
About the Sale
- Seller Motivation
- Personal
- Transition Support
- Seller will train for 2 weeks at 20hrs per week or as negotiated
- Financing Options
- Seller may consider an SBA loan assumption for $650k or more
Listing Info
- ID
- 2489124
- Listing Views
Listing ID: 2489124 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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