LOCATION, LOCATION, LOCATION!!!
This restaurant is as close as you can get to the water without getting wet! It is located on a popular main street in OC, one block inland from the ocean, which sees over 1 million visitors a year and is home to a hungry, upscale, beach-loving local community. Not only does this location feature high foot traffic, but offers a nearby parking lot, metered street parking and quick access to the neighboring beachside communities the coast.
The owner has done an outstanding job building out the space. The hip, rustic dining room and bar/order counter boasts beautiful wood ceiling beams, corrugated metal and reclaimed wood. The back bar offers a 4-tap beer tower, a sophisticated wine rack to accommodate their 41 license, and a Toast POS System for record keeping. Best of all, the pristine, organized kitchen boasts top-of-the-line equipment, and features a large hood with all the bells and whistles!
The owners purchased this location the year before the pandemic with the intent of launching a new concept, but in practice are completely absentee, putting zero effort into ramping up the business, and are focused on their other ventures. There is no marketing or social media presence, no management, mediocre Yelp reviews on this underdeveloped chicken concept. But the location, buildout and lease terms are great! We all know the money, time, and frustration required to build out a space, get permits, inspections, negotiate a lease; you can deplete your funds before even opening the doors. This Seller has done the difficult and expensive work already; save your funds for working capital and marketing!
This restaurant is an opportunity for an owner-operator to ramp up the existing concept or bring their winning concept to a fantastic beachside location. Don’t pass up this move-in ready location: contact the Agent today!