Profitable, Turn Key - Breakfast, Lunch and Dinner Restaurant

Profitable, Turn Key - Breakfast, Lunch and Dinner Restaurant with Full Bar & ABC Type 47

RRC# 4910
Location: San Bernardino County

Description:
In Business since 1970 and operated by the present owners for the past 28 years, this icon breakfast, lunch, and dinner restaurant seating 60 with its separate ABC Type 47 full liquor licensed bar seating a further 50 is for sale at a for $595,000. SBA pre-approved to well qualified buyers with experience and good financials. Located in a free standing building in a popular area of San Bernardino County. The owners are also the landlords and a new lease with long terms agreeable to both parties will be negotiated for this 4,000 sq ft building with monthly rent at approximately $12,000 inclusive of NNN. Large kitchen capable of providing catering with walk-in refrigerator and walk-in freezer, double type 1 hood with fire suppression system, fully loaded with broiler, fryers, stoves, 2 convection ovens, alto-sham slow cooking oven and many small equipment toys. Modern POS system, indoor/outdoor camera’s, wall safe, ADA compliant with a complement of booths and tables. The long established, popular Bar also has residual income with Lotto and internet Juke box serving the many regulars with a 50/50 income split between Restaurant and Bar. Currently closed on Monday and Tuesday the annual revenues of $1.3 million produces $220,000 in profit. So much opportunity to open further hours to boost revenues. To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long-term SBA loan solution, please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.


Financial Information:
Monthly Revenue: $114,800
Monthly Cash Flow: $18,486
Annual Revenue: $1,377,481
Annual Cash Flow: $221,832

General Info:
Ownership: Inc
Established: 1970
Employees: 17
Reason For Sale: Retirement
Monthly Rent: $12,000 inclusive NNN
Expiration: Negotiable

Facilities:
Square Feet: 4,000
Seating: 100
Parking:Ample
Licenses: Health, Business & ABC Type 47 License
Days/Hours of Operation: Wednesday - Sundays only 8.00am - 9.00pm