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#666
San Bernardino Restaurant For Sale

Quaint French or Italian Restaurant For Sale Riverside

$60,000
Sold
Quaint French or Italian Restaurant For Sale Riverside
This Listing is Sold

If you're looking for a perfect location for a first class French or Italian restaurant, then look no more! This quaint 1,900 Sq. Ft. restaurant facility is perfect for a romantic and exquisite French or Italian restaurant you've always wanted to own. Located in the heart of the growing city of Riverside, this restaurant is in a stand alone building with 17 parking spaces available on the property. There is room for about 45 to 55 customers to enjoy an old European style dining experience with large mirrors, artwork, in a white table cloth dinning environment. It'd cost a couple hundred thousand dollar to build this restaurant if you could find a location in the Riverside area. The rent is low at $3,250 per month plus NNN. The Landlord wants the person to be successful, so he is willing to give the first three months of operating rent-free along with a $10,000 tenant improvement credit and this is one of those rare and reasonable landlords you'll love working with. In fact, the Landlord is willing to give the tenant an option to purchase the property too! Please call for terms. There is a beer and wine license available. Current owner is leaving the restaurant business.

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

Lease

Region:
San Bernardino Restaurant For Sale
Lease Term:
5 years + one 5 year option
Total Monthly Rent:
$3,250

Operations

Liquor License:
41
Year Established:
1968
Hood System Type 1:
Yes

Facilities

Indoor Seating:
45
# of Parking Spots:
17
Inside Sq. Ft.:
1900

Highlights

  • Approximately 1,900 Sq. Ft. - Need to verify
  • Base Rent $3,250 + NNN
  • Three months free rent + $10,000 Tenant Improvement Credits
  • Perfect French or Italian Restaurant
  • Beer and Wine license included
  • Current Owner Grosses $220,000 to $240,000
  • Currently open 5 days only dinner
  • 17 parking spaces
  • Stand Alone building near Mall
  • Area Needs a French of Italian Restaurant
  • Open seven days for lunch and Dinner to dramatically increase business

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 88,286 142,874 223,285
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 23,413 40,070 62,787
2010 Persons Per Household 3.57 3.39 3.40
Median House Value $222,500 $221,502 $243,022
Income Per Household $56,373 $56,263 $61,881
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,377 2,179 3,345
2012 Number Of Employees 33,640 64,594 101,178
2012 Total Annual Payroll $525,791,000 $1,089,779,000 $1,861,865,000

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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