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Food & Beverage

Five Star Beachside Restaurant Location

Laguna Beach, CA, USA
Updated 190 days ago
Established 1995

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 food cuisine to locals and tourists alike. Located in a beautiful scenic beachside community , it is less than a 5-minute stroll from popular beaches frequented by millions of tourists and locals throughout the year. This location and restaurant has had outstanding Yelp & Zagat reviews, receiving numerous awards. When the current owner took over almost 10 years ago, 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 beachside location has many annual events that draw huge crowds. 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 many more. This is an asset sale, so the restaurant name, concept, and menu are not included. However, the sale includes a 47 liquor license, which alone is worth over $125,000! Prime restaurant sites rarely come to the market. If you’re a restaurateur with experience and successful concept, this may be your next prime location. Questions? Interested? Reach out to the Agent today!

Location

Located in a beautiful scenic beachside community , it is less than a 5-minute stroll from popular beaches frequented by millions of tourists and locals throughout the year.

Employees

Assets sale with 47 liquor license

Lease Terms

Can get longer lease with a qualified buyer

Real Estate

Lease

Trading Hours

Make you own

Leasehold Rent

$6,160 per annum

Premises Details

When the current owner took over almost 10 years ago, he remodeled the entire kitchen and dining room, with all new furniture, fixtures, and equipment, and brought the space completely up to code

Support & Training

Seller will help with transferring license and permits

Expansion Potential

Maybe can do catering

Size In Square Feet

864

Competition / Market

Bring your own concept no Italian Food

Living Accommodation

None

Inventory / Stock Value

$15,000

Reason for Selling

The owner is starting the journey into retirement

Financials

Asking Price
$225K
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets ValueIncluded in Asking Price
$100K
Seller Financing
Not available

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