Restaurant - An Asset Sale - Owner Spent Over 150K

Corona, CA (Riverside County)

Restaurant - An Asset Sale - Owner Spent Over 150K
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Asking Price: $79,000

Established: 2017

Restaurant - An Asset Sale - Owner Spent Over 150K

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Asset Sale Description

An Asset Sale...Owner established this spacious restaurant with seating capacity of 73 about 2 years ago and spent over $150,000.

Great Location, easy access to 91 freeway.

Walking distance to a popular hotel, other businesses and dense residential population.

Equipment list includes 4 TVs(2017), Steam Table, Cameras/DVR 8, Tandoor, 12 ft. Hood, Grease Interceptor 750 gallons,Ice machine and then some.

3 Bathrooms,( Currently No Alcohol.) No marketing, no substantial catering or in house delivery.

Door Dash and Grub Hub on board but no other Deliveries.

Conversion is okay.

Initially when opened,Owner did over $23k when opened 7 days a week.

Monthly sales $18,000,, FC $4500, Payrol $2500,, Utilities Elec/gas $1000. Credit card charges $900,, Ph/Internet $150.

Motivated Seller.

Detailed Information

Location:
Corona, CA
Reason for Selling:
Focusing On His Professional Job and Family Commitment
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(from currently available funds)
 
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William Park

Asset Sale Listed By:
VR Business Brokers

VR Business Brokers

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB).

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