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#4167
San Bernardino Restaurants For Sale
Riverside Restaurants For Sale

Profitable Restaurant Gets The Crowds

$60,000
Profitable Restaurant Gets The Crowds
This Listing is Expired

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.

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
Riverside Restaurants For Sale
Lease Term:
Expires March 2017
Total Monthly Rent:
$4,070

Financials

Last Year's Annual Gross:
$373,176
Last Year's Owner's Cash Flow:
$64,275
Last Year's Food Cost %:
27
Last Year's Payroll Cost %:
26
Last Year's Rent %:
17
EBITDA:
$64,275

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Part-Time Employees:
3
# of Working Owners:
1
Hours Open:
Open 7 Days
11:30 to 9 PM
Year Established:
2013
Hood System Type 1:
Yes

Facilities

Indoor Seating:
40
# of Parking Spots:
40+
Inside Sq. Ft.:
2,035

Highlights

  • Great Opportunity At This New Restaurant
  • Profitable Riverside Restaurant For Sale
  • Popular Fresh Concept Close To Mall
  • Street Exposure With Plenty of Traffic
  • Brazilian Theme Profitable Restaurant
  • New Restaurant Makes Money
  • Hot Restaurant Concept For Sale
  • Popular Restaurant with Solid Following

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

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

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.


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