Price Reduced to $175,000. 4365 sq ft Restaurant, Bar & Large Patio, Corner Location in Major Strip Mall

RRC#: 5148
Asking Price: Offered At $175,000
Location: Contact for Info
Annual Revenue: $1,755,000
Annual Cash Flow: Contact for Info
Monthly Rent: $12,154 + NNN

Listing Description:

Price Reduced to $175,000 for his 4365 sq ft restaurant with 2000 sq ft Outdoor Patio which has become a staple in the San Bernardino Valley Community for serving delicious food with health and nutrition in mind! The owner is 100% absentee these past 3 years and since 2009, this restaurant has been giving families a place to visit where there is something for everyone.

The diverse menu offers a wide variety of foods including Wild Caught Seafood, Tropical Style Teriyaki dishes, and Mexican-Inspired Cuisine. The additional 2000 sq ft patio hosts many parties and wedding receptions without impacting the regular business indoors. Located at a major strip mall, corner spot with anchor tenant, Home Depot and ample parking. In business since 2009 and under the present ownership since 2019, this business has enjoyed huge growth with annual revenues now at $1.8 million. ABC beer and wine license is included along with the 29 long term employees who keep the business operating smoothly with a semi-absentee owner.

Although sales revenues remained around $1.8 million, this business would benefit greatly from an owner operator, controlling the day to day. The customer base is 100% local and loyal, not a tourist area and therefore each month the business remains consistently busy. Seating 120 indoors and 140 outdoors with a state-of-the-art show kitchen, this opportunity would suit a couple with the necessary skills to grow the already established events side while controlling the major costs. The popular, unique menu is fresh seafood biased and allows for the chef’s creativity.

This is a popular, strong restaurant business opportunity and needs to be seriously reviewed by potential buyers who are ready to grow their existing portfolio or first-time experienced operators seeking their first steps into restaurant ownership.

To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long-term SBA loan solution, please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.
General Information:
Organization:
Established: 2009
Current Owner: 2019
Employees: 29
Reason For Sale: Other Interests


Financing Information:
Down Payment: Contact for Info
Note Balance: Contact for Info
Terms of Note: Contact for Info
All Cash: Contact for Info