Well-Established Restaurant/Cafe

Riverside, CA (Riverside County)

Cafe
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Asking Price: $330,000

Cash Flow: $75,000

Gross Revenue: $440,000

EBITDA: $108,166

FF&E: N/A

Inventory: N/A

Rent: $1,431 /Month

Established: 1986

Well-Established Restaurant/Cafe

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Business Description

This restaurant is located in Riverside California in a busy shopping center. There is a large, easy in and out parking lot to accommodate hungry patrons for breakfast, lunch and dinner. This highly profitable family restaurant has high volume sales and has been consistent for many years with a solid loyal local clientele. It is a stand-alone building with lots of parking in a highly visible strong location in a high growth area. Fully equipped with ample seating, Rent only $1431 month for 1,800 sq. ft. with long lease. This very busy restaurant has high net profit and great reputation in the area.

The seller has been offered an opportunity to move to Texas where their family lives; unfortunately to pursue that opportunity they are required to sell the restaurant. The owner has done all the leg work beefing up this location, but has yet to reap all the benefits. Take advantage of this transition and pick up where the owner must leave off. Lots of ways to increase revenue: there is neither website nor social media presence; offer promos and engage your online target market! Additionally, leverage the immense production kitchen and hone in on catering the local market to increase the bottom line!

Attached Documents


Detailed Information

Location:
Riverside, CA
Real Estate:
Leased
Building SF:
1,800
Lease Expiration:
N/A
Employees:
5
Support & Training:
Owner will stay on for 30 days to train the buyer.
Reason for Selling:
Moving to Texas
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(from currently available funds)
 
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Curtis Cochran PH.D., D.M., M.Sc.,  MBA, PBC

Business Listed By:
Dr. Curtis C. Cochran

Cochran Consulting

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