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Brea Restaurant & Separate Lounge w/Patio – Highly Profitable

Brea, CA
Representative Photo
Asking Price:$1,300,000
Gross Revenue:$1,358,167
Rent:$12,328
FF&E:$50,000
Cash Flow:$435,557
Inventory:$10,000
EBITDA:$250,121
Established Year:2012
Listing ID: 2205282Listing provided by BizBuySell
BUSINESS DESCRIPTION

This greater Brea area restaurant and lounge seamlessly blends 2 extraordinarily popular cuisine into a single fusion experience. The venue, which is comprised of a restaurant, and an entirely separate bar operation – each with its own kitchen despite operating under a single Type 47 Liquor License. In the restaurant, patrons are able to indulge in a distinctive culinary experience with a customer embraced flair.

To complement the dining venue, the business boasts an entirely separate bar and lounge, which offers an intimate environment for specialty cocktail and spirit enthusiasts. This refined space offers patrons a sophisticated ambiance to savor the intricate flavors of its offerings. Both venues offer attentive service in 2 distinct, highly cozy atmospheres.

DETAILED INFORMATION
Location
Brea, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,885
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The combined space is comprised of 3,885 square feet plus a 1,028 square foot patio. A new 10-year lease, at $10,683 per month including common area maintenance (CAM), will be established with two 5 year options. All of the company’s furniture, fixtures, equipment, goodwill and Type 47 Liquor License will be included in the sale. Approximately $10,000 in inventory sold at cost at close.
Competition
In a competitive culinary scene, both venues possess a distinctive edge. One is reinforced with their lounge, and a second results from the restaurant’s unique blend of authenticity and creative fusion flavors. In both categories, this refined destination is a standout in the area’s culinary and entertainment landscape.
Growth & Expansion
This venue has positioned itself as one with a commitment to stellar service, excellent food, cocktail and spirit offerings, and an unparalleled overall hospitality ambiance. New management may continue to embrace the current successful concepts and allow them to continue to prosper or ideally bring their own flavor to the operations.
Support & Training
Seller will train for 2 weeks at 20hrs/week or as negotiated.
Reason for Selling
Personal
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Ryan
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Ryan Clark
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