#576
San Bernardino Restaurants For Sale

Popular Family Restaurant/Diner With Low Rent

$150,000
Sold

Rarely do you find a diner like this for sale! This family style restaurant has been a favorite place for locals for over 25 years! Very clean and welcoming with a fresh squeeze orange juicer right in the dining room. A definite turn-key diner. This end cap restaurant has 3,000 sq. ft., a 400sq. ft. patio area for dining/smoking, plenty of parking, and low rent. Landlord will sign a new lease with buyer. Serving breakfast, lunch, and dinner. A beer and wine license is included. Owner is leaving the industry.

This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:

San Bernardino Restaurants For Sale

Lease Term:

Landlord to sign new lease

Total Monthly Rent:

$2,060

Security Deposit:

$2,000

Financials

Last Year's Annual Gross:

$492,000

Operations

Liquor License:

# of Full-Time Employees:

# of Part-Time Employees:

# of Family Employees:

Hours Open:

Monday thru Friday 7:00am to 9:00pm
Saturday & Sunday 6:30am to 9:00pm

Year Established:

1980

Hood System Type 1:

Yes

Facilities

Indoor Seating:

100

Outdoor Seating:

Inside Sq. Ft.:

3,000

Outside Sq. Ft.:

400

Highlights

Turn-key Restaurant
Over 25 years of reputation in the community
Large End Cap Restaurant
Nice Patio, Ample Parking
Located on one of the busiest streets in town
Plenty of inside as well as outside seating
Includes beer and wine license
Owner will carry back a portion of the purchase price
Fully Equipped Kitchen with Hood and Grease Trap.
Breakfast, Lunch & Dinner

Financing

Will SBA Finance:

Will Seller Lend To Buyer:

Yes

Seller Carryback of Purchase Price:

30%

Demographics

Population	1-mi.	3-mi.	5-mi
2014 Total Population	88,286	142,874	223,285
Households	1-mi.	3-mi.	5-mi
2010 Number Of Households	23,413	40,070	62,787
2010 Persons Per Household	3.57	3.39	3.40
Median House Value	$222,500	$221,502	$243,022
Income Per Household	$56,373	$56,263	$61,881
Businesses	1-mi.	3-mi.	5-mi
2009 Number Of Businesses	1,377	2,179	3,345
2012 Number Of Employees	33,640	64,594	101,178
2012 Total Annual Payroll	$525,791,000	$1,089,779,000	$1,861,865,000

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Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it. In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business. Owning a business is a risky venture, but can also be a rewarding one. The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. DRE License # 01339409.