See all 13 photos
13 photos
Additional details
$1,200,000
Est. payment /mo
UPDATED:
01/07/2025 10:59 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25002680
HOA Y/N No
Year Built 2023
Property Description
WHERE CAN YOU EARN APPROX. $80,000 A MONTH ON A $1.2MM INVESTMENT? INCREDIBLE OPPORTUNITY TO ACQUIRE A HIGHLY PROFITABLE RESTAURANT, KARAOKE BAR AND LOUNGE IN A PRIME LOCATION 10 MINUTES FROM LOS ALAMITOS, SEAL BEACH, ROSSMOOR, WEST GARDEN GROVE. Ideally located in a PRIME. LOCATION on the HIGH TRAFFIC VOLUME signalized intersection at Chapman and Beach Blvd. Major Anchors in close proximity such as STARBUCKS (located in the same plaza), HOME DEPOT is across the street (Chapman). Low overhead and expenses make this an ideal business for an owner/operator to capitalize on the location, consistent promoter bookings and strong community support. Current owner and key staff are able to support new ownership to transition the business. Take advantage of the great lease rate for such a large Orange County Venue. Lease has roughly 4 years left. Owner is highly profitable with income being earned primarily on Friday and Saturday nights. A new owner who could expand the offerings during the day and week with the fully equipped kitchen and daytime staff would be able to realize tremenous upside income potential. Extensive high value Tenant Improvements (built out right before Covid) and almost $1MM of Audio Visual Equipment make this business an incredible value. Multiple offers expected - please reach out to listing agent for more information. !!!PLEASE DO NOT DISTURB STAFF OR OWNERS!!!
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Inclusions ALL FOOD & BEVERAGE INVENTORY, KITCHEN EQUIPMENT & SUPPLIES, ALL EXISTING AV EQUIPMENT, LIGHTING, FURNITURE & EQUIPMENT
Fireplace No
Others
Tax ID 13125416
Acceptable Financing Cash
Listing Terms Cash
Read Less Info
Listed by Serena Goss • Altamira Properties • 714-875-6330
Get More Information
QUICK SEARCH
- Homes For Sale in Camarillo, CA
- Homes For Sale in Simi Valley, CA
- Homes For Sale in Thousand Oaks, CA
- Homes For Sale in Ojai, CA
- Homes For Sale in Santa Paula, CA
- Homes For Sale in Newbury Park, CA
- Homes For Sale in Moorpark, CA
- Homes For Sale in Fillmore, CA
- Homes For Sale in Oak View, CA
- Homes For Sale in Somis, CA