11951 Beach Boulevard, #J

Description

WHERE CAN YOU EARN APPROX. $80,000 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 offers expected - please reach out to listing agent for more information. !!!PLEASE DO NOT DISTURB STAFF OR OWNERS!!!

Listing information courtesy of: Serena Goss, Altamira Properties . *Based on information from the Association of REALTORS/Multiple Listing as of 01/09/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.