Gourmet Coffee House, Upscale Wine Bar For Sale - Orange County, California, CA

PROFILE: Coffee House/Upscale Wine Bar With Live Entertaintainment.

AD/LISTING INFORMATION
Status: Available
State: California
Location: Orange County
County: Orange
City: None Given
Primary Category: Restaurant Related
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  131625
Seller Or Contact:  Bill Kobayashi, CBI
Primary Phone:  866-898-9708
Alternate Phone:  None Given
Email Address:  See Form Below
Date Ad Started:  11/9/08
Date Ad Last Revised:   11/20/08

FINANCIAL INFORMATION
Asking Price: $389,000
Down Payment: Call/Email
Annual Revenue: Call/Email
Annual Adjusted Net: Call/Email
   
DETAILED INFORMATION
Franchise: No
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: No

DESCRIPTION: Established In 1995, This Orange County Gourmet Coffee House Is The Hub Of Neighborhood Activity From Early Morning Until Late At Night. Located In A High Traffic Mini-Mall With Good Mix Of Stores On An End Cap In A Fine Residential Neighborhood. The Current Owner Has Transformed This Business From A Coffee House At Day, Into A Classy Upscale Wine Bar Complete With Live Bands 6 Nights A Week. This Is Truly A Place To “Hang Out,” Especially When The Crowds Roll In For The Weekends To Watch The Best Bands Play.

Managed By The Seller And Averages About 40+ Hrs/Week, This Business Also Employs 11 P/T Wait Staff, Servers And Baristas With Pay Ranging From $8.00 - $10.25/Hr. Seller Is Offering Training (If Needed) For 15 Days Or As Required Up To 30 Days.

Current Rent Is $4,700/Month Including Cam And Lease Expires On 04/2009. Landlord Willing To Extend The Lease. This Location Also Comes Fully Furnished, Equipment Included. $389,000 Plus Inventory Of Approximately $18,900 Counted At Closing.

This Is A Good Family Business With Good Books & Records. Reason For Sale Is Retirement.

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Need financing for your down payment or to buy a business? Use your RETIREMENT FUNDS - 401k, IRA to fund a down payment or to finance the purchase of a business - tax free and penalty free! Call Tracy Piippo now at 800-518-4463 (24 Hr) for a complete information packet and for details on how to utilze your retirement funds without paying taxes and penalties!

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