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Accommodation & Food Services

O.C. Bar, Live Music And Dining Hot Spot

Huntington Beach, CA, USA
Listed 229 days ago
Established 2022

This coastal Orange County bar, live music, and dining hot spot is a favorite with music fans throughout the county and beyond! This popular entertainment venue has a bit of everything, including unmatched freeway access and street visibility in a marquee location that boasts a spacious bar, dining, dancing, and stage for live entertainment, as well as plentiful onsite parking.

Real Estate

Lease

Leasehold Rent

$375,000 per annum

Premises Details

This 8,500 square foot restaurant and bar, which is located in one of Orange County’s most popular entertainment locations, leases for $31,252 per month on a lease that will expire in August 2023, with two 5-year options. All of the business's furniture, fixtures, equipment, Type 47 Liquor License, and live entertainment entitlement will be included in the sale. An estimated $50k in inventory will be sold at cost. Brand specific assets will not be included.

Expansion Potential

New management will want to capitalize on the location’s key attributes by implementing a customer-embraced concept that can draw a crowd and provide a repeatable, unparalleled dining and entertainment experience.

Size In Square Feet

8,566

Competition / Market

Each Orange County enclave has its own entertainment districts. This Orange County venue is centrally located in one of its most sought-after coastal communities, providing stellar access from every direction. The venue’s main throughway location and coveted entitlements provide it a significant advantage over competing entertainment alternatives.

Inventory / Stock Value

$50,000

Reason for Selling

Personal

Financials

Asking Price
$695K
RevenueMost Recent Year
$2.3M
Earnings (SDE)Last Reported
$200K
Assets ValueNot Included in Asking Price
$100K
Seller Financing
Not available

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