Available for acquisition is a restaurant with a stellar reputation and very loyal customer base located in Laguna Beach which is one of the most desirable Orange County beach towns. The staff strive to provide an impeccable dining experience for all their guests. The restaurant features a type 47 license which authorizes the sale of beer, wine, and distilled spirits for consumption on the licensed premises and type 58 license allows certain licensees to cater alcoholic beverages off-site.
Investment Highlights:
• The restaurant is fully equipped with top-of-line furniture, fixtures & equipment.
• The beverage offerings emphasize innovative cocktails and boast one of the areas most well-regarded wine programs.
• Very loyal employee base with many of the staff including key employees with over 10 years of service.
• Strong supplier relationships
• Great atmosphere and decor, high-end ambience, fine dishes and more….
• This Restaurant has received critical acclaim, accolades, and countless rave reviews.
Income & Adjusted EBITDA:
The income has remained consistent for the last three years with high-gross profit margins. Sales in 2024 were $3.4 mm and adjusted EBITDA $390k and SDE $524k.
Transaction Considerations:The purchase price for the Restaurant is $1.7mm with inventory of $40k and alcohol/wine $200k priced separately. Parties interested in pursuing this transaction will be required to submit a non-binding proposal detailing the terms and structure.