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426 N H St
Lompoc, CA 93436
Retail Property For Lease · 2,100 SF

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Highlights

  • Freestanding 2,100sf restaurant building
  • Commercial kitchen with hood, walk-in, 3-compartment sink
  • Two restrooms
  • Private parking lot

Property Facts

Total Space Available 2,100 SF
Property Type Retail
Property Subtype Fast Food
Gross Leasable Area 2,100 SF
Year Built 1970
Parking Ratio 10/1,000 SF

About the Property

Please do not disturb tenant. Former Taco Bell restaurant building with dedicated parking lot. Annual revenue consistently ranging between $650k - $900k Please do not approach staff with questions. Thank you! FOR SALE $189k - This is a Business Opportunity looking for a new Owner/Operator/Tenant: Thriving Restaurant with Growth Potential in Lompoc, CA Overview: Well-established restaurant strategically located just 5 miles from Vandenberg Air Force Base in Lompoc, a city on California's beautiful Central Coast wine country. Established 13-year-old restaurant in a prime location, ready for a new owner's vision. This 2,300 sq ft freestanding building offers a fully equipped kitchen, capable of supporting any culinary concept. Financials: Annual revenue consistently ranging between $650k - $900k Currently operating 6 days a week, closed 2 months annually but can be operated year round Price includes a valuable ABC Type 41 license for beer and wine sales Asking: $189k Key Features: Versatile Space: Currently operating as a successful Thai restaurant, but easily adaptable to any cuisine. Ample Seating: Comfortably seats 65 patrons inside, with potential for expanded outdoor seating. Private Parking: Convenient private parking lot for customers. Low Rent: Benefit from a remarkably low rent, maximizing profitability. Lease Term: One and a half years into existing three years remaining on the current lease, and another option to renew - providing stability and flexibility. Landlord is a local family and has been great to deal with. Revenue: Strong revenue history and established customer base Prime Location: Near a major military installation and future tourist attraction Beer & Wine: Includes a Type 41 ABC license in the sale price, adding to the business's value Potential for further growth by extending operating hours or days Option to acquire owners' home, providing flexibility and convenience Opportunity: Owners are retiring and relocating overseas, presenting a turnkey opportunity for a motivated buyer The upcoming Lompoc museum development promises to significantly boost tourism and local economic activity Owners' residence is also available for purchase, offering potential for a combined business and residential investment Don't miss this exceptional opportunity to own a turnkey restaurant with a proven track record and the freedom to create your own culinary masterpiece. For more information or to schedule a viewing, please contact Broker by filling out the contact form to the right of this listing. The system will send you an emailed response: SIGN NDA for your e-signature. PLEASE BE SURE TO REPORT ON WHETHER YOU HAVE ALL AVAILABLE FUNDS TO MAKE AN OFFER OR IF YOU STILL NEED TO SEEK FINANCING. CASH THROUGH ESCROW INQUIRIES WILL BE PRIORITIZED. No details will be released until funding has been discussed. A signed NDA and proof of funds will be needed to answer any questions (address, location and equipment list etc) about this opportunity. This is an all cash sale through escrow. Disclaimer: All information provided is deemed reliable, but is not guaranteed and should be independently verified. DRE #01963614

  • Pylon Sign
  • Restaurant
  • Listing ID: 32483688

  • Date on Market: 2024-07-16

  • Last Updated:

  • Address: 426 N H St, Lompoc, CA 93436

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