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#5079
Area: San Bernardino Restaurant For Sale
Riverside County

5 Day Fine Dining w/Hard Liquor & LOW RENT & SBA Loan!

$325,000  
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You Want to go to This Restaurant? Then Select the Link to Left "Want Name/Address" and Visit this Super Restaurant!

If you fancy yourself owning a Top of The Line Restaurant in a growing community, than take a look at this restaurant with solid history of success and tax returns. Open only 25 hours a week, this is a perfect husband and wife restaurant with 2016 Adjusted Net Income of more than $140,000. 

This restaurant is SBA approved for a 75% loan with 25% down!  If you have 5 years+ of restaurant experience as well as good credit and at least the 25% down, then you're a shoe-in for an SBA loan. 

Featuring a wonderful wine selection and a full liquor license this fine dining establishment is a jewel in the community. 

Open 5 days a week from 5pm-10pm there is opportunity to expand by adding more days, including a Sunday brunch. 

Dinners are usually sold out with a waiting list that is long and expected. If you bought this you would surely want to open for Sunday Brunch, however the present owners are veteran restaurateurs and are at the point in their lives where they want to slow down.  They will train you.

There is a 12 ft hood in a very efficient kitchen. Bathrooms and access are in good shape having been remolded recently to allow for ADA access. But Buyer needs to get a professional ADA contract to verify. 

There is a small patio which is very popular, especially in the Summer, and it seats 12-14 guests.

Seating inside is 48, but the best thing about this fine dining restaurant is the lease. The rent is $2,400 which includes NNN for a 2,400 sq ft restaurant.

This is a Business Intermediaries, Inc. listing.
Broker Chuck Machado DRE License #01899280
Listing Status:
Available
Price:
$325,000
Location:
San Bernardino Restaurant For Sale
Riverside County
Last Year's Annual Gross:
$599,114
Last Year's Owner's Cash Flow:
$140,523
Lease Information:
Expires 6/2019 + 5 yr option
Total Monthly Rent:
$2,400.00
Liquor License:
47
Indoor Seating:
48
Outdoor Seating:
14
# of Parking Spots:
Plenty
# of Full-Time Employees:
1
# of Part-Time Employees:
7
# of Family Employees:
1
# of Working Owners:
1
Hours Open:
Tuesday - Saturday 5-10 PM
Year Established:
2014
Inside Sq. Ft.:
1500
Outside Sq. Ft.:
100
Hood System Type 1:
Yes
Email:
Pass:

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DISCLAIMER: The User (that's you reading this) of this Website understands that Business Intermediaries, Inc. ("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 addition to seeking professional advice from an attorney as well as a CPA.  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 (if included in the sale), 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. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the 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 and User should often review the listing on the website to keep up to date.


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