Rare Irvine 2nd Gen Turnkey Restaurant

Irvine, CA
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Asking Price:$299,000
Established Year:2018
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.


ATTACHED DOCUMENTS
Brochure.pdf Download

DETAILED INFORMATION
Location
Irvine, CA
Inventory
Not Included in asking price
Employees
4
Facilities
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.
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

BUSINESS LOCATION
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