Absentee Owner - Turnkey, Fully Staffed Restaurant & Bar
Riverside County

This well-established restaurant and bar features a fully brand new build out, equipment, and furnishings throughout. Located in a prime, high visibility area, the business benefits from strong foot traffic and excellent exposure. Operations are supported by a well staffed front of house team of 13 experienced staff members, ensuring high quality customer service and smooth day to day operations.

The business is currently run as an absentee-owner operation, making it an excellent opportunity for an investor seeking a hands off business. At the same time, there is significant upside for an owner operator to step in, optimize management, control costs, and further drive revenue and profitability. With systems in place, trained staff, brand new assets, and a strategic location, this is a turnkey opportunity with a strong foundation for continued growth and long-term value creation.

Listing Number:

24973

Category:

Bar/Liquor

Location:

Riverside County
$225,000

Financial Information:

Gross Revenue:

$254,568

Listed Price:

$225,000

Down Payment:

$0

Total Income:

$27,300

Year Established:

N/A

Lease Information:

Square Feet:

2212

Total Rent:

$6,500

Lease Expiration:

$0

Lease Options:

5 year option

Asset Information:

Leasehold Improvements:

$0

Equipment / Fixtures:

$55,000

Inventory:

$6,500

Other Assets:

47 Riverside County liquor license full liquor ($60,000-$100,000)

Additional Information:

Full-Time Employees:

0

Part-Time Employees:

13

Special Licence Required:

47 Riverside County liquor license full liquor

Contract Staff:

0

Training Period:

4 weeks

Reason for Selling:

Wants to change industry

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

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Chris Baughman
Office: | Cell: (619) 375-8792
License #: CA DRE #02353181

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Absentee Owner - Turnkey, Fully Staffed Restaurant & Bar
Riverside County

Listing Number:

24973

Category:

Bar/Liquor

Location:

Riverside County

Listed Price:

$225,000
brokerPhoto
Chris Baughman
Office: | Cell: (619) 375-8792
License #: CA DRE #02353181

This well-established restaurant and bar features a fully brand new build out, equipment, and furnishings throughout. Located in a prime, high visibility area, the business benefits from strong foot traffic and excellent exposure. Operations are supported by a well staffed front of house team of 13 experienced staff members, ensuring high quality customer service and smooth day to day operations.

The business is currently run as an absentee-owner operation, making it an excellent opportunity for an investor seeking a hands off business. At the same time, there is significant upside for an owner operator to step in, optimize management, control costs, and further drive revenue and profitability. With systems in place, trained staff, brand new assets, and a strategic location, this is a turnkey opportunity with a strong foundation for continued growth and long-term value creation.

Financial Information

Gross Revenue:

$254,568

Listed Price:

$225,000

Down Payment:

$0

Total Income:

$27,300

Year Established:

N/A

Lease Information

Square Feet:

2212

Total Rent:

$6,500

Lease Expiration:

01/2031

Lease Options:

5 year option

Asset Information

Leasehold Improvements:

$0

Equipment / Fixtures:

$55,000

Inventory:

$6,500

Other Assets:

47 Riverside County liquor license full liquor ($60,000-$100,000)

Additional Information

Full-Time Employees:

0

Part-Time Employees:

13

Special License Required:

47 Riverside County liquor license full liquor

Contract Staff:

0

Training Period:

4 weeks

Reason for Selling:

Wants to change industry

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.