REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,200,000
Est. payment | /mo
5,756 SqFt
$ 1,200,000
Est. payment | /mo
5,756 SqFt
Key Details
Property Type Commercial
Sub Type Comm Bus Opp
Listing Status Active
Purchase Type For Sale
Square Footage 5,756 sqft
Price per Sqft $208
MLS Listing ID CROC25002680
HOA Y/N No
Year Built 2023
Property Sub-Type Comm Bus Opp
Property Description
WHERE CAN YOU EARN APPROX. $80,000 to $153,000 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 offer
Location
State CA
County Orange
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 13125416
Virtual Tour https://www.wellcomemat.com/mls/59s5535e9dff1m3so
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Listed by Serena Goss • Altamira Properties
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "