Restaurant
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $648000
Net Profit / Cash Flow $129000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2006
Number of Employees 6 - 9
Inventory 500
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training 2 weeks at 20 hours per week following close of escrow.
Reason for Sale Other business.
Description LOCATION! LOCATION! LOCATION! GREAT LEASE, WITH BEER AND WINE LICENSE. Very difficult to start a restaurant concept in this area. A beautiful newly modeled restaurant seating 117 people is located near Ontario Mills. Located in a hi-traffic area across from Olive Garden, Red Lobster and other big restaurants bringing in a lot of traffic. Also near 5 major hotels (Holiday Inn, Marriott, Hilton, etc.). Very visible from the main street. Lots of parking spaces available. Lots of potential to increase sales, no advertising or marketing is being done. $129,000 annual net income, seller will prove. Due to the current owner's other obligations, seller is extremely motivated. All offers are welcome. Email or contact Judy Loh Wise Business Advisors, at (818) 933-5222 ext 118 for more information on this Restaurant for sale.
Click Here To Contact Seller
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