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Restaurant in a Private Upscale Athletic Club

Orange County, CA
Restaurant in a Private Upscale Athletic Club

Seller Financing Available

Asking Price : $500,000   
Cash Flow : $550,000   
Gross Revenue : $2,500,000   
Inventory : N/A   
EBITDA: N/A   
Rent: N/A   
FF&E: N/A   
Year Started: N/A   

Business Description

This is a unique situation that offers one lucky new owner a very unique and profitable opportunity.

You now have a very rare chance to own a restaurant located in a high class athletic club. This arrangement gives you very exclusive rights; all food and beverage sold on the property has to come from your facility. This club has over 1000 members and all members must spend a minimum amount each month as a condition of their membership. That is guaranteed revenue for you. It gets even better, because the club owns the dining facility and all the furnishings and equipment, your rent is only 5% of the gross sales. To make this deal even better, the current owner is offering up to 33% seller financing.

If you have any restaurant experience, this is a golden opportunity. Even if you paid all cash up front, you will have the cash flow to recoup your investment in the 1st year. The current owner is a seasoned restaurateur who has other properties and that’s why he is willing to let this one go at such a great price; but only for the right person while it is temporarily shut down for remodeling. He will stay around and help you with the transition for as long as you need him. Obviously, since he is offering financing he is vested in your success.

Real Estate:Leased

Financing:Seller financing available with just 40% down.