Business Details

Restaurant 41 license, drive thru not used

Location : Highland, CA

Type of Business : Restaurant

Asking Price: $550,000
Inventory: $10,000

Gross Sales: $720,000

Summary of Business

Free-standing profitable restaurant with the same owner since 1984! Full-service restaurant with fully equipped kitchen, two walk-in refrigerations, very visible monument sign, and easy access. Inside the dining room, upstairs loft for private dining and a large patio for al fresco dining with approximately 70 people capacity. The owner spends less than 15-20 hours per week here. There is a drive-thru in place that has not been used for a long time. Currently is used for picking up telephone orders only. Located in a busy street in Highland very near the San Manuel casino and surrounded by several large commercial centers and near residential areas.

Show More

Other Details

Reason for Sale: Other interest

Income

Gross Yearly Sales: $720,000
Adjusted Yearly Net Profit: $150,000

Rent

Total Rent: $10,000
NNN: $520
Length of Lease: 5 Year New Lease, Seller is the landlord
Options: 0
Sq. Ft: 3,900
Occupancy: in:100, out:70

Employees

Number of Employees: 14
Full time: 2
Part time: 12
Hours of Operation: 7 AM till 8 PM Payroll: $15,000

Expenses

Insurance: $1,500 per year
Gas: $4000 (all utilities included)

Additional Details


Similar Listings
Can't find what you are looking for?

Lets search for that business together.

Click here to fill out our targeted acquisition form

Broker License:  01774609

Copyright ©BizbyAndre 2022. All Rights Reserved