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#625
San Bernardino Restaurant For Sale

Drive-Thru Restaurant In Rapidly Growing City

$150,000
Sold
Drive-Thru Restaurant In Rapidly Growing City
This Listing is Sold
PRICE REDUCED to $150,000! This is a rare opportunity to get your drive-thru restaurant anchored in one of the areas fastest growing cities. This is in a prime location, across the street from over 1,000 new homes, and still growing! It has been a hamburger franchise for the past 44 years, but the brand name has really lost steam in the industry. Convert to a new concept, and watch your business soar. This stand alone building is 1,600 sq. ft. with a monthly rent of $3,000. NO CAM or NNN fees!! The owner is also offering first right of refusal to purchase the real estate, and three rental homes on the shared property after the second year of the lease.
Owner is retiring. Take the next step to register and complete the online confidentiality agreement to get the restaurant name and address. Also you'll be given previews to our new listings in the future, giving you the greatest chance to �scoop in� the best opportunities as they become available.
This is a Business Intermediaries, Inc. listing.
Broker Chuck Machado DRE License #01899280

Lease

Region:
San Bernardino Restaurant For Sale
Lease Term:
New lease, 5 years w/ options
Total Monthly Rent:
$3,000
Security Deposit:
$3,000

Operations

# of Part-Time Employees:
7
# of Family Employees:
2
Year Established:
1963
Hood System Type 1:
Yes

Facilities

Indoor Seating:
50
# of Parking Spots:
20
Inside Sq. Ft.:
1600

Highlights

  • Rare Drive-Thru Restaurant
  • High-Traffic location
  • New 5 year lease with option to buy
  • Convert this location to your drive-thru concept.
  • 1,600 Sq. Ft.
  • Inside seating for 50
  • Fully Equipped Kitchen With Hood.
  • Rent is only $3,000 a month
  • NO CAM OR NNN!!
  • Owner ready to retire.

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
75%
This Listing is Sold

Demographics

Population 3-mi. 5-mi
2014 Total Population 54,499 62,794
Households 3-mi. 5-mi
2010 Number Of Households 18,611 21,896
2010 Persons Per Household 2.79 2.73
Median House Value $224,000 $214,533
Income Per Household $58,420 $56,232
Businesses 3-mi. 5-mi
2009 Number Of Businesses 672 816
2012 Number Of Employees 11,014 13,974
2012 Total Annual Payroll $152,951,000 $195,509,000

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Disclaimer

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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