Long Established Breakfast, Lunch & Dinner Restaurant

Long Established Breakfast, Lunch & Dinner Restaurant with Full Liquor ABC License

RRC# 4910
Location: San Bernardino County

Description:
Perfect opportunity for first time Chef and Partner Buyers. Operated by the present owners for the past 28 years, this breakfast, lunch & 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 Restaurant experience and good looking financials. A free standing building located on the Main St in 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 expectations of $12,000 inclusive. 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 with an annual revenues of $1.3 million producing $220,000 in profit. So much opportunity to open further hours to boost revenues & profits. 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