Selling Restaurants presents a unique Club and restaurant opportunity for you! This club and restaurant facilty is situated in a newly developed 30K sq ft shopping center located in Moreno Valley with a population of over 183,000, making the area the "eighth fastest-growing city in California," and the second most populated area in Riverside County.
The owner of this center commissioned a business impact plan for the use of three spaces totaling 6,800 sq ft, and determined it would be best suited as a restaurant, bar and club operation. The restaurant, bar and club will have an Aviation theme, with "subtle ties" to March AFB which is a reserve base with at least 5,500 people and located just minutes away.
The landlord has spent well over $75K getting the site prepared for a build-out including purchasing a liquor license, approval of architectural and building plans from the City, Fire and Health Departments and approval of all C.U.P., i.e. permits for liquor, dance and entertainment. A type 47 hard liquor license has been posted and the buyer may have the option to purchase it separately at a negotiated price, through escrow, or purchase your own license. So basically, all of the "pain and suffering" of getting plans and permits in place has already been completed for you. You can negotiate T.I.$$ and a new long term lease, after which you can complete construction, and open a "first class" operation.
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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:
new 5 + 5 or more
Total Monthly Rent:
$12,920
Security Deposit:
$12,920
Highlights
- Full 47 Liquor License!
- Nightclub, Bar, Restaurant!
- All Plans Completed and Approved!
- Permits For Dance & Entertainment Approved!
- Very Attractive Location!
- Plenty of Parking!
- Restaurant During The Day, Bar & Nightclub At Night!
- Banquets and Catering!
- Close To Major AFB!
Financing
Will Seller Lend To Buyer:
No
Demographics
Population |
3-mi. |
5-mi |
2014 Total Population |
77,485 |
200,421 |
Households |
3-mi. |
5-mi |
2010 Number Of Households |
18,967 |
51,490 |
2010 Persons Per Household |
3.87 |
3.70 |
Median House Value |
$153,300 |
$199,737 |
Income Per Household |
$42,825 |
$61,099 |
Businesses |
3-mi. |
5-mi |
2009 Number Of Businesses |
857 |
1,769 |
2012 Number Of Employees |
20,908 |
48,196 |
2012 Total Annual Payroll |
$268,098,000 |
$705,945,000 |
click for more demographic info
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.