Casual Dining Authentic Thai Restaurant
PRIME NEWPORT BEACH location….high visibility on PCH and 55 fwy! Stand-alone building with excellent street signage. Also has a FULL liquor license. Fully equipped, large kitchen, perfect for high volume service and catering. Walk-in refrigerator, large 20’ type 1 hood, prep tables, etc.
Vaulted ceilings, separate bar area and LONG LEASE over 20 yrs left on options. Rent LOW LOW LOW at $8k/month with approx.. 3000 sf! Currently an Asian restaurant but can convert to other concept with landlord approval. This could be the next NEWPORT BEACH HOT SPOT with the right ownership in place.
VALUE IS IN THE LOCATION, LOW RENT AND BUILD OUT. Restaurant did over $100k/mos in it’s glory days. Owner is tired and does NO marketing and sales have dropped. This is an asset sale! Will sell fast!
Don’t miss this opportunity to own this EXCELLENT restaurant. Make an offer now!
Monthly Rent: $8,000 inc. CAM
Options: 20 years option
Square ft: 3000
Patron capacity: 110
Hours of Operation: 11:00 am – 3:00 pm
5:00 pm – 10:00 pm
Years established: 42
No. of employees
Absentee run: No
Monthly sales: $30,000
Monthly cash flow:
Annual Sales: $360,000
PRICE: Call for pricing.
Submit offers to Jerry@PacificRB.com with Proof of Funds, or call (949) 424-0304
Food & Beverage Industry Related Sales & Leasing
2901 W. Coast Highway, Suite 200 Newport Beach, CA 92663
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