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Restaurant - Beer & Wine - 100% Employee Run - High Net

San Bernardino County, CA

Seller Financing Available
Restaurant - Beer & Wine - 100% Employee Run - High Net
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Asking Price: $295,000

Cash Flow: $110,800

Gross Revenue: $698,000

EBITDA: $110,800

FF&E: N/A

Inventory: $5,000*

Established: N/A

*not included in asking price.

Restaurant - Beer & Wine - 100% Employee Run - High Net

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Business Description

Restaurant - Beer & Wine - 100% Employee Run - High Net

Great opportunity to own an established, high net, 100% absentee owned and employee operated restaurant with beer & wine(ABC-Type 41) license in the desirable Upland/Ontario area.

This business establishment with ample seating capacity and a large patio dining area attracts patrons for a quick business lunch to a fun filled night out with friends and family.

Upon arrival, this establishment pampers its guests with a selection of beers and a mouthwatering menu, providing an enjoyable dining atmosphere.

Additionally, current ownership dedicates almost no time and resources for advertisement and promotion of this business and most of its clientele is established repeat or referral, therefore, upside potential, additional revenues and resulting higher bottom line may be realized by actively engaging in advertisement campaigns and utilizing social media.

Sellers maintain a full complement of staff with very high payroll related expenses, therefore, a higher bottom line may be realized for an energetic new buyer by controlling payroll related expenses.

Anchored by multiple national brand business establishments, this business is located in busy shopping center, ensuring a large volume of vehicle and foot traffic. Growth in surrounding area may result in higher traffic and added future potential.

Seller shall provide owner financing for a qualified buyer with $125,000.00 down for a period of up-to five(5) years at six(6)% Apr.

Low down payment, seller financing, 100% absentee ownership, full complement of staff, very busy major street location along with opportunity for expansion and growth presents an attractive acquisition opportunity.

Detailed Information

Location:
San Bernardino County, CA
Inventory:
Not included in asking price
Employees:
22
Facilities:
Upland/Ontario Area, Inland Empire, Southern California.
Financing:
Low Down Payment Seller Financing Available
Support & Training:
Provided as part and parcel of acquisition.
Reason for Selling:
Other Business Interests.
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Contact the Seller

(from currently available funds)
 
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Mani Singh, CBB.

Business Listed By:
Mani Singh

TNW Business Brokers

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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