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Riverside County

  • Listing No.: 106-15555

  • Category: Food - Restaurant

Asking Price $59,000.00
Down Payment
Gross Revenue $492,369.00
Total Adjusted Net Income $55,949.00
Equipment / Fixtures $150,000.00
Year Established 2018
General Location Riverside County
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Incredible opportunity to purchase a business in one of Riverside's most popular shopping centers! This location was recently remodeled so equipment is in very good condition. Seller states that the business has experienced a steady increase in sales and the right buyer could take the concept to the next level of success, or buyer could easily convert to a different concept. Currently absentee run and earns around $20k. Adjusted net profit of $55k for an owner operator, reducing payroll by $35k. Asking price includes all small wares, furniture, fixtures, equipment, and tenant improvements. This business will sell quickly! Contact Amit Wadhera for NDA and additional information: 909-319-9795 amit@fcbb.com

Gross Revenue $492,369.00 Listed Price $59,000.00
Total Income $55,949.00 Down Payment
Base Rent $6,717.00 Square Feet 2025
Total Rent $9,409.00 Lease Expiration 10/2022
Rent Deposit $6,310.00 Lease Options 1, 5 Year Option
Inventory Not Included Leasehold Improvements $30,000
Equipment / Fixtures $150,000.00 Other Assets
Full-Time Employees 1 Training Period
Part-Time Employees 3 Special License Required ABC 41
Contract Staff Reason for Selling Distance from other business

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.