Description of the business for sale
This steakhouse and bar is located on a busy street in an affluent Orange County neighborhood! Situated in a free-standing building, the restaurant has high visibility and signage, and plenty of parking. The location is ideal, as it is near a college, sports facility, hospital, medical facilities, and is surrounded by upscale residential neighborhoods!
Originally a rib restaurant for 25 years, the current owners recently remodeled the restaurant and updated the concept. It is now the only steakhouse in the area! It offers prime angus steaks and ribs, and has a bar with a full liquor license. The restaurant seats 150, and has an area for large parties, as well as separate bar area. Although this is a new restaurant, the food and service are outstanding, garnering favorable reviews in the local media.
During the remodel, a $30,000, state-of-the-art computerized ordering system was installed. Customers can also make reservations online through “Open Table.”
The owner is selling because the business requires additional capital to sustain its rapid growth.
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Support / Training provided by seller
2 weeks at 20 hours per week
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Description of the facilities
36 months at 9% interest
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