#804
San Bernardino Restaurants For Sale

Upscale Italian Restaurant in fast growing area

$245,000

This very busy Italian restaurant is located in an upper middle class area of Murrieta and is the perfect business for a hands-off owner or owner interested in having his/her restaurant without the work of creating a new concept. The current sole proprietor has a type 41 liquor license which allows beer and wine. The restaurant caters to the upper class client�le with an average dinner check of $15 and $25 per person. This lavish restaurant is fully decorated with a warm and inviting dining area seating 30 customers plus an outside seating area for 8. This restaurant resides in a well maintained center with 35+ parking spaces. The rent is only $2,928/mo. including CAM. Serious buyers will be shown financial records. The owner, who wants to re-locate, keeps 3 full-time employees on staff with 4 more part-timers to fill in during the busiest hours. The owner�s son acts as the general manager. The price includes all the equipment necessary to turn out the Italian dishes on the menu, recipes, artwork, tables, chairs, the trade name, the logo, and the liquor license. The buyer is free to change the restaurant's concept, but why mess with success?
Take the next step and complete the online confidentiality agreement and you�ll be provided with the restaurant name and address. Also you will given priority notification to new listings in the future, prior to the general public, giving you the best chance to �scoop in� the best opportunities. There are also more photos available to our registered buyers.

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:

August 2008

Total Monthly Rent:

$2,229

Security Deposit:

$1,860

Financials

Last Year's Annual Gross:

$229,598

Last Year's Payroll Cost %:

95724

Operations

Liquor License:

# of Full-Time Employees:

# of Part-Time Employees:

# of Family Employees:

Hours Open:

Sunday 4-9 pm
Monday Closed
Tuesday 4-9 pm
Wed & Thurs 12-9 pm
Fri & Sat 12-10 pm

Year Established:

2002

Hood System Type 1:

Yes

Facilities

Indoor Seating:

Outdoor Seating:

# of Parking Spots:

Inside Sq. Ft.:

1,200

Outside Sq. Ft.:

100

Highlights

Award Winning Food
Loyal Customer base
Buyer can be hands-off with the hiring of a general manager
Very easy to take over, no improvements needed
Located in well maintained center
Great food!
Family Friendly Environment
Priced to sell
Turn Key opportunity
Very Clean & Well Maintained Facility & Equipment
Beer & Wine License Included
Well-established clientele and good reputation keeps restaurant very busy

Financing

Will SBA Finance:

Yes

Will Seller Lend To Buyer:

Demographics

Population	3-mi.	5-mi
2014 Total Population	63,548	68,029
Households	3-mi.	5-mi
2010 Number Of Households	20,415	21,740
2010 Persons Per Household	3.03	3.01
Median House Value	$290,900	$317,345
Income Per Household	$75,053	$73,070
Businesses	3-mi.	5-mi
2009 Number Of Businesses	1,488	2,708
2012 Number Of Employees	29,670	62,774
2012 Total Annual Payroll	$535,039,000	$1,225,329,000

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.