PROFITABLE Poke Restaurant!

Norco, CA (Riverside County)

Yummy!
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Asking Price: $169,000

Cash Flow: $87,760

Gross Revenue: $474,371

EBITDA: N/A

FF&E: $45,000

Inventory: N/A

Rent: $4,662 /Month

Established: 2018

PROFITABLE Poke Restaurant!

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Business Description

This restaurant is located in a new, high traffic, destination center in Corona.  With easy access to major freeways, this center is anchored by brand name tenants.  This restaurant has center spotlight of a restaurant row that offers a variety of options.

The owners have done an incredible job of building out the space.  Capital investment and tenant improvements cost approximately $200k for the buildout.  This restaurant has high welcoming ceilings, pristine white walls, vibrant & colorful logo murals, rustic faux wood tile and gleaming cement floors!  The owners spared no expense on interior design and maintaining the cleanliness of their unblemished restaurant.  The equipment is in impeccable condition, less than 1 year old and includes manufacturer warranties! Even with no advertising, this restaurant still earned a 4 star Yelp rating.

Unfortunately, the amount of time the sellers spend at the restaurant, launching a new location is a conflict with raising their toddlers.  Despite all of their word of mouth success, they have done absolutely zero marketing.  There is no social media presence, no website, no Facebook and no Instagram but they continue grow their business month over month. We all know the money, time, and frustration required to build out a space; you can deplete your funds before even opening the doors. The sellers have done all the expensive work and built a solid base of repeat clientele already; save your funds for working capital and marketing!

This is an amazing opportunity for an operator to come in and grow revenue exponentially!  Rarely, do virtually new, pristine, profitable restaurants come to market.  The seller's loss is your gain.  This brand new, turn-key, thriving restaurant will not last at this price!

Detailed Information

Real Estate:
Leased
Building SF:
1,260
Lease Expiration:
6/5/2027
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
There is no social media presence, no website, no Facebook and no Instagram but they continue grow their business month over month. There is so much room to build revenue exponentially by marketing!
Support & Training:
Yes, Owner will train.
Reason for Selling:
Time Constraints
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Robert Marshall

Business Listed By:
Robert Marshall

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Sponsoring Broker:
Sean Edelstein

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