OC Barrio is in the highly sort after lifestyle - foodie center of Steel Craft Garden Grove. This is a perfect owner operator scenario that is profitable with huge potential to grow. Steel Craft is a masterplanned lifestyle center with three very popular locations amongst Socal with this highly desirable shipping container setup with so many amenities that guests line up just to get in. A private event perfect scenario!!! This is a Turnkey operation. The founder and owner / operator is an ex-executive of Hillstone Group. The SOPs, best practices, operation, equipment, storage, menu selections, and branding is not going to be found better anywhere else. The owner will handle transition, training, and a seamless handoff to ensure the business stays extremely strong in all ways. On a case to case the owner may carry for the right party. Expansion into multiple locations, catering, private events, and delivery services. The tenant has a great relation with the property owner. TVs, Games, multiple outdoor dining spaces amongst a highly specific array of dining options. The Steelcraft center offers dining area that is shaded, heated, and sports will be playing on our large screen TVs located in the SteelCraft local eateries with a communal dining space in Garden Grove. ‍ Barrio is a fun and authentic Korean and Filipino BBQ eatery located in Garden Grove, California. At Barrio, great comfort food meets the unique, dynamic ambiance of Steelcraft. Our plates are generously portioned and allow you to build your own plate: choose your protein(s), your side item, and even your pickle preference! Top it off with a fried egg and our signature garlic lover's sauce! Barrio features exciting choices such as our marinated pork & chicken skewers, as well as "off-the-skewer" Korean classics, such as spicy pork or sweet beef bulgogi. Eating as clean as possible? We suggest simply grilled garlic-herb shrimp or grilled Atlantic salmon with our mixed green salad featuring fresh mangoes and a house made calamansi vinaigrette.

General Info

  • OrganizationSole Proprietorship
  • Established2020
  • Current OwnerContact for Info
  • Employees3
  • Reason For SaleOther Interests

Facilities

  • SeatingContact for Info
  • Square FeetContact for Info
  • ParkingAssigned Parking lot with no fee for guests.
  • LicensesContact For Info
  • Open HoursMonday-Thursday 11:30 - 8:30, Friday-Saturday 11:00 - 9:00, Sunday 11:00 - 8:00

Lease

  • Rent$4,000
  • Expiration3 years plus options - great relationship with the landlord
  • Yearly Increase3% at year 3
  • OptionYes - Call for Details
  • DepositContact for Info

Financials

  • Monthly Revenue$40,000 - $50,000
  • Monthly Cash Flow$5,000+
  • Annual Revenue$500,000
  • Annual Cash Flow$60,000
  • Payroll$Contact For Info

Financing

  • Down Payment$Owner Options
  • Note Balance$TBD
  • Terms of NoteOpen to carry
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

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