Details - Information last confirmed on March 18, 2021

This fast casual restaurant is located in an affluent Newport Beach community in a bustling shopping center with complementary food service neighbors. The location is permitted for beer and wine and has a patron-embraced 300 square foot outdoor patio. The restaurant has a specialty oven, a client friendly open layout and a condiment bar. Its kitchen equipment includes a griddle, grill, stove, 2 bucket deep fryer, salad prep and a combination walk-in cooler and freezer.

This 2,788 square foot location plus a 300 square foot patio leases for $14,000 per month including common area maintenance (CAM) on a lease until 2023 with options to be determined and/or negotiated. All of the restaurant’s non-branded furniture, fixtures, equipment and Type 41 Beer and Wine License will be included. The name, menu, point of sale system and branded fixtures and other items will not be included unless the buyer chooses to maintain the concept. If a buyer launches a similar concept under a different name much of the location’s goodwill may be retained.

The complex this venue is located in hosts alternate dining options, but none offer its popular food fare. New management may maintain the brand or they may opt to replace it with their own brand that may be a similar concept or an entirely new one.

The location will tremendously benefit from the presence of a full-time owner operator with food service experience. Management may choose to implement any number of concepts that cater to this affluent community, pending landlord approval. The location, its versatile build-out, the beer and wine entitlement and outdoor patio lend themselves to a wide variety of concepts.

Training: 2 Weeks at 20 hrs/Wk

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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.