Unique and Profitable Burger Restaurant for Strategic Buyer

Riverside, CA (Riverside County)

Seller Financing Available
Our best selling burger combo!
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Asking Price: $175,000

Cash Flow: $40,000

Gross Revenue: $550,000

EBITDA: $40,000

FF&E: N/A

Inventory: N/A

Rent: $9,200 /Month

Established: 2017

Unique and Profitable Burger Restaurant for Strategic Buyer

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Business Description

Trendy newly established fast casual restaurant with huge potential

The restaurant was established in 2017 and is profitable. It caters to three important categories by serving all halal products in a mainstream American decor setting, vegan and veggie options and hamburgers that are grass fed and antibiotic free supporting healthier lifestyle. These categories support a growing trend in the community. The menu has been developed and tested over the last year and sales have increased with good ratings on YELP and Google. The restaurant is located close to UCR and little or no marketing has been done in the areas of catering, coupons or social media. This is an excellent opportunity for a new buyer to continue with the expansion of the brand and take it to the next level. Current owner has an established business in IT and does not live close to the restaurant to be able to fully support it. This restaurant can be run by a part time owner. The asking price provided in this listing will depend upon the deal structure.

Detailed Information

Location:
Riverside, CA
Real Estate:
Leased
Building SF:
2,025
Lease Expiration:
11/30/2022
Employees:
8
Facilities:
Newly remodeled to a modern decor with new floors. Has a very large hood, walk in cooler and walk in freezer.
Competition:
Located in a prime and affluent location and close to UCR with a unique positioning of healthier lifestyle meals with no competition within the immediate vicinity.
Growth & Expansion:
The restaurant concept has been tested and shown to work in the last year. The business/operational model can be duplicated to open additional stores for a strategic expansion within the Inland Empire.
Financing:
Open to a creative deal structure including continuing to be part of business
Support & Training:
Will provide support and training for 30 days. Additional support can be provided as needed.
Reason for Selling:
Owner has another business and does not live close to the restaurant.
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Business Listed By:
Moe Bengali

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