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#4767
San Bernardino Restaurants For Sale
Riverside Restaurants For Sale

16 Years Profitable Family Restaurant w 47 License

$175,000
Sold
16 Years Profitable Family Restaurant w 47 License
This Listing is Sold

 

To Visit This Restaurant Please Select the Golden Button to the Left "Get Name/Address."‚Äč

Price Drop. Owner Says SELL!

FULL LIQUOR LICENSE! Great Lease!  Don't let the small town fool you. This place does the business.

If you have ever wanted to own a Family Style restaurant in a small town, this is a steal. In business for 16 years,  Owner is tired and wants to retire. Her loss is your gain, however, because this restaurant has a full liquor license plus it is huge in the community. For many people, it is their weekly night out.   

Successful Mexican-American Food in a Local Community! You gotta check this out! 

This restaurant has several banquet rooms that are seldom utilized. It provides the perfect venue for special events such as weddings and family parties. Total seating is 236 and with a 47 liquor license this place if full of potential.

Full kitchen included two hoods and a complete line making it perfect for large parties. Plenty of parking and located on a main street.

Landlord willing to write new lease and will provide TI $ for qualified buyer. Possible building sale to right buyer as well. Great value on present lease with rent at less than 5% of sales.

Surrounding community is growing with development only a few miles away totaling over 1,000 new homes currently under construction.

Please visit our website  at SellingRestaurants.com to see this listing and many more.

This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
San Bernardino Restaurants For Sale
Riverside Restaurants For Sale
Lease Term:
Landlord will Write New Lease
Total Monthly Rent:
$3,200

Financials

Last Year's Annual Gross:
$741,693
Last Year's Owner's Cash Flow:
$82,114
Last Year's Food Cost %:
36
Last Year's Rent %:
5
EBITDA:
$82,114

Operations

Liquor License:
47
# of Full-Time Employees:
2
# of Part-Time Employees:
14
# of Family Employees:
1
# of Working Owners:
1
Hours Open:
Tues-Sunday 11 AM-8 PM
Year Established:
2000
Hood System Type 1:
Yes
Hood System Type 2:
Yes

Facilities

Indoor Seating:
236
# of Parking Spots:
60
Inside Sq. Ft.:
ap 8000
Total Building Sq. Ft.:

Highlights

  • Money Maker Family Restaurant
  • Great Wedding Venue Opportunity
  • Build Your Banquet Business
  • Main Street at A Great Price
  • Low Rent Profitable Mexican Food
  • 16 Years in Business Owner Retires
  • Building & Business For Sale
  • Grow Already Sucessful Business
  • Steady Diners Show Up Every Week
  • Profitable Restaurant Small Town
  • 1000 New Homes Under Construction

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 5-mi
2014 Total Population 50,269
Households 5-mi
2010 Number Of Households 14,532
2010 Persons Per Household 2.96
Median House Value $207,700
Income Per Household $65,692
Businesses 5-mi
2009 Number Of Businesses 467
2012 Number Of Employees 10,058
2012 Total Annual Payroll $154,720,000

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, 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 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.


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