Commercial Kitchen and Market Asset Sale
Asking Price: | $129,000 |
Established Year: | 2001 |
For 23 years, this commercial kitchen and retail market has specialized in all things Polynesian: food, groceries, and apparel. Located in central Orange County, this shop is surrounded by residential single-family homes, townhouses and condos, and offers access to the surrounding major freeways.
This retail space is in the corner unit, and offers a retail market equipped with shelving, display cases, a production kitchen, multiple storage rooms, and a large walk-in refrigerator and freezer. The kitchen provides a large type 1 hood, suitable for all types of hot and cold fare, plenty of workspace, and a plethora of wire racks. In addition, the business offers plenty of equipment: a convection oven, an oven/range combo, a stand-up floor mixer, floor burners, ample cookware and much more! Also, a buyer can keep excellent records with the included Point of Sale system, and offer prepared foods and to-go items, with a deli scale and warming tables at the front counter .. “grab and go” food sells!
This location has been long undervalued. The owner bought it in 2006, while residing in No. Cal. He only visited a few times a month, and as time went on, he visited even less. The seller has finally realized that operating this business 100% absentee is not a recipe for success, and is finally ready to pass this incredibly low rent lease and business to a qualified buyer. There are two employees who operate the market and kitchen, but the space is neglected and lacks focus. A fresh coat of paint, new decor and a focused concept can bring this excellent space back to life. The location has fantastic potential, and a buyer can save huge money and time on permitting, buildout, and lengthy health department approvals, and invest their capital instead on advertising, marketing, and delivery service platforms to maximize revenue! Partner with the local business community in and around the densely populated area, and apply for a 41 beer and wine license (with city and ABC approval) to increase profit margins. The space needs a dedicated owner-operator who is dedicated to running the business!
This business is an ideal location for a ghost kitchen, deli, meal prep, catering, or restaurant. If you are looking to minimize buildout cost and maximize sales in a high traffic location, then contact the Agent today!
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