Recent price drop means this is one of those restaurant opportunities that only comes along once in a lifetime!
Currently a Brazilian BBQ Restaurant that is popular and has a great following. The price is crazy low for this type of concept and the owners are making money!!
Owners are increasing sales every year and the annual net profit is as much as the sales price.
Back on Market-Sales Increasing. Owners have other business interests and want to sell.
This is a BBQ Restaurant you are going to want to look at. HUGE following with sales increasing nearly every month since opening! Yelp reviews are crazy good at this successful restaurant. Open less than two years, the owners have to devote more time to family and other projects so the Goodwill and customer base they have built will be a steal for a new buyer. Serious-you do not want to miss this opportunity!
Located in a Strip Center on the Main Street in Riverside, you have a huge shopping mall, plus the Police Station is a block away, AND if that doesn't bring in enough traffic for you, Kaiser Permanente Hospital is down the street. This location used to be occupied by a successful BBQ restaurant who had to move because of expansion, so you are getting a proven location.
This restaurant seats 60 and forget about getting a seat without waiting on weekends. The customers are wild about the food! They offer 8 types of BBQ with as assorted 14 HOT Side Dishes. Current owners do not cater though they are asked to do so by their clients and live music would be a huge draw during the week.
This opportunity to walk into a growing business already with great sales and cash flow will make this restaurant go very fast.
This restaurant comes with a 41 license and owners have not expanded to include craft beer selections, but a smart buyer will see this as opportunity.
Population | 3-mi. | 5-mi |
---|---|---|
2014 Total Population | 49,255 | 239,250 |
Households | 3-mi. | 5-mi |
2010 Number Of Households | 13,754 | 66,261 |
2010 Persons Per Household | 3.40 | 3.47 |
Median House Value | $225,900 | $258,328 |
Income Per Household | $57,063 | $61,840 |
Businesses | 3-mi. | 5-mi |
2009 Number Of Businesses | 552 | 4,264 |
2012 Number Of Employees | 18,520 | 142,532 |
2012 Total Annual Payroll | $444,885,000 | $2,762,378,000 |
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