Rare Irvine 2nd Gen Turnkey Restaurant
Business Description
NEW TO MARKET - DO NOT DISTURB EMPLOYEES - KEY MONEY ASSET SALE - CALL BROKER FOR PRICING
*This 1,500sf turnkey restaurant opportunity comes fully equipped with newer modern kitchen including a Type 1 Hood, Walk-In Refrigerator, dishwasher area, and 1,500 gallon grease interceptor, a full FF&E list included.
* This space currently rents for $ 8,208.75/Mo. with 3% Annual Increases, NNN's are approximately $ 1,798.00, and carries a % Rent of 7% vs Natural Breakpoint.
* The current Term expires Expires March 31, 2027 along with 1 X 5 Year Option @ FMV, 3% annual increases thereafter and is transferable subject to Landlord's prior written consent.
* This is a rare turnkey restaurant opportunity in one of Orange County’s highest barriers to entry markets.
Generous Outdoor Patio Area. Surrounded by the established residential communities of Woodbridge Village and Oak Creek®, with average home values of over $1 million. Located near Irvine Valley College (16,000+ students) and Woodbridge High School (2,200+ students).
* One mile away from the high traffic area of Hoag Hospital Irvine, Hoag Health Center and Kaiser Permanente.
*This 1,500sf turnkey restaurant opportunity comes fully equipped with newer modern kitchen including a Type 1 Hood, Walk-In Refrigerator, dishwasher area, and 1,500 gallon grease interceptor, a full FF&E list included.
* This space currently rents for $ 8,208.75/Mo. with 3% Annual Increases, NNN's are approximately $ 1,798.00, and carries a % Rent of 7% vs Natural Breakpoint.
* The current Term expires Expires March 31, 2027 along with 1 X 5 Year Option @ FMV, 3% annual increases thereafter and is transferable subject to Landlord's prior written consent.
* This is a rare turnkey restaurant opportunity in one of Orange County’s highest barriers to entry markets.
Generous Outdoor Patio Area. Surrounded by the established residential communities of Woodbridge Village and Oak Creek®, with average home values of over $1 million. Located near Irvine Valley College (16,000+ students) and Woodbridge High School (2,200+ students).
* One mile away from the high traffic area of Hoag Hospital Irvine, Hoag Health Center and Kaiser Permanente.
About the Business
- Years in Operation
- 7
- Employees
- 4
- Facilities & Assets
- This 1,500sf turnkey restaurant opportunity comes fully equipped with newer modern kitchen including a Type 1 Hood, Walk-In Refrigerator, dishwasher area, and 1,500 gallon grease interceptor, a full FF&E list included.
- Market Outlook / Competition
- Irvine is one of the highest barriers to entry markets in Orange County because of the popularity and strength of its restaurants. This restaurant is designed to support a number of concepts and with its central location in Alton Square, it services the neaestablished residential communities of Woodbridge Village and Oak Creek, with average home values of over $1 million. Located near Irvine Valley College (16,000+ students) and Woodbridge High School (2,200+ students). One mile away from the high traffic area of Hoag Hospital Irvine, Hoag Health Center
Listing Info
- ID
- 2231538
- Listing Views
- 5151
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Business Location
Listing ID: 2231538 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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