Absentee Owner - Turnkey, Fully Staffed Restaurant & Bar

Asking Price$225,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$254,568

Inventory$6,500
Included in asking price
FF&E$55,000
Included in asking price
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Absentee Owner - Turnkey, Fully Staffed Restaurant & Bar


Asking Price$225,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$254,568

Inventory$6,500
Included in asking price
FF&E$55,000
Included in asking price
Business Description
Profitable and Newly Opened Restaurant Bar in Prime Location
This well-established restaurant and bar features a fully brand new build out, equipment, and furnishings throughout. Located in a prime, high visibility area, the business benefits from strong foot traffic and excellent exposure. Operations are supported by a well staffed front of house team of 13 experienced staff members, ensuring high quality customer service and smooth day to day operations.

The business is currently run as an absentee-owner operation, making it an excellent opportunity for an investor seeking a hands off business. At the same time, there is significant upside for an owner operator to step in, optimize management, control costs, and further drive revenue and profitability. With systems in place, trained staff, brand new assets, and a strategic location, this is a turnkey opportunity with a strong foundation for continued growth and long-term value creation.
About the Business
Employees
13 (13 Part-time)
Facilities & Assets
License: 47 Riverside County liquor license full liquor ($60,000-$100,000)
Lease Options: 5-year option
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,212
Rent
$6,500.00 per month
Lease Expiration
1/1/2031
About the Sale
Seller Motivation
Wants to change industry
Transition Support
4 weeks
Listing Info
ID
2451758
Listing Views
13

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Business Listed by: Christopher Baughman First Choice Business Brokers - Excellence Team

Listing ID: 2451758 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.