Located in Riverside county, this restaurant occupies a historical destination and is highly visible from the freeway. The restaurant also enjoys easy in and out access to its immense parking lot. Both landlord and tenant have done a fantastic job maintaining the authenticity of the facility.
The restaurant offers a 47 licensed bar and a 40 seat covered patio dining. The centrally located kitchen offers a 10ft hood, grease trap and city approved Ansul system. There are also (2) large banquet rooms, an office space and complete full bath living quarters above the restaurant. This space also offers (2) large walk in refrigerators, a lock & key liquor room and generous basement storage. The equipment is well maintained and in good working condition.
The current owner bit off more than he can chew. He struggles to focus on this business, as he owns two other restaurants far away from this location; he is 100% absentee and the business completely suffers. There is plenty of room to grow here: invest in marketing and advertising; revamp the website, leverage social media and build your client base. In addition, the owner vastly underutilizes the space. Leverage the living quarters to minimize payroll and offer lodging for your chef! Use the banquet rooms for the obvious: book reunions, Quinceaneras, corporate events, birthdays and holiday parties. Get your Conditional Use Permit from the city for live music or a dj and increase your revenues. Alternatively, if you already have a concept, this is a signature spot for your next location.
This cluster of surrounding restaurants make up the majority of revenue for restaurants in the entire city; most of them gross over $4 million per year. If you're in the restaurant business, don't wait, as this opportunity will not last at this price.
Business is home-based
No lease information found.
Open: 7 Days a Week None
Bottomline Business Brokers is sharing information about this Business for Sale under the terms of your current, signed Non-Disclosure Agreement. If you visit this business, please do so discreetly. Do not contact owner, employees, landlord, suppliers, or other tenants! Thank you.
We advise all clients to seek independent legal, tax, accounting, and other professional advice prior to making a purchase decision. The information contained herein has been obtained from the Seller. Bottomline Business Brokers (BRE # 01926680) makes no warranty or representation, express or implied, as to the accuracy of this information, and is submitted subject to errors, omissions, change of terms, withdrawal without notice, and any specific listing conditions imposed by our principals.
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