Freestanding Restaurant on Signalized corner. Great Lease. Land avail.
Pomona, CA
| Asking Price: | $75,000 |
| Inventory: | $12,000 |
| Established Year: | 2021 |
| Gross Revenue: | $1,000,000 |
| Real Estate: | $3 |
Listing ID: 2303293Listing provided by BizBuySell
BUSINESS DESCRIPTION
Freestanding restaurant on signalized corner on a major street, at the border of Claremont. Great visibility with a large pole sign. Mostly help run. Bought & remodeled with this concept change in 2021. electronic menu boards, huge dual cook line with 2 hoods,prep room with hood, POS system, large location with big capacity & storage. Over 1 acre parcel. Great new lease for a buyer, 10 years with 5 years + 5 year options with ONLY 3% annual increases for a qualified tenant. Bring your own concept or continue the existing BBQ. Lots of upgrades when it was remodeled a few years ago. Seller has multiple locations & does not spend time here.
Real property for sale for a qualified buyer.
ATTACHED DOCUMENTS
DETAILED INFORMATION
Location
Pomona, CA
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
5,755
Employees
12
Facilities
apx 5755 sq. ft. Seats 165 in & 45 on covered patio. New 10 year lease with 2 - 5 year options . 3% annual increases. Or buy the real property for additional amount. Over 1 acre, lots of parking on corner. 2 full cook lines, digital menu boards, great signage in a bust=y area. Absentee owner. Type 41 ABC license
Competition
You can bring in your own concept or keep the current one. When the seller wes here operating it, sales were 3x more. Real property is also available.
Growth & Expansion
An on site owner would dramatically increase the efficiency & consistency here
Financing
submit offers, cash to new loan on real property
Support & Training
at close of escrow
Reason for Selling
other businesses in Pasadena & LA
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