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Riverside County, California
Absentee Poke Restaurant – $210K Net – Short Hours – Major Price Cut ($495K)
Asking Price
$495,000
Revenue
$820,000
Down
Call/Email
Cash Flow
$210,000
Description
The restaurant boasts a trained and reliable team of seven part-time front-of-house employees and one part-time kitchen staff member, allowing for hands-off ownership. Short business hours not only simplify staffing, but also significantly reduce utility overhead, all while capturing strong daily lunch and dinner traffic.
The financials of the business demonstrate robust and steady profitability, generating $819,529 in annual gross sales and $210,000 in annual net income ($17,500 per month). Even more impressively, monthly gross revenue can surge to around $100,000 during major seasonal regional events, such as the Coachella Valley Music and Arts Festival and leading area tennis tournaments.
Occupying a clean, modern 1,400-square-foot space, the restaurant is situated in an active shopping center with ample customer parking. The business enjoys a 7-year lease at $6,350 per month, inclusive of all CAM and NNN charges.
Unfortunately, due to pressing health circumstances, the seller is compelled to divest this flourishing business, presenting a unique and motivated opportunity. For more information on this opportunity, training and support provided, or to schedule a private showing, please contact broker Karl Kim
Business Details
Year Established:
2023
Employees:
7
Reason for sale:
Seller's health circumstances
Property Information
Size in Square Feet:
1,400 sqft
Lease Terms:
7
Lease & Tenant Information
Lease Options:
$6,350
Posting Information
Posting ID:
5173629
Business Category:
Restaurants & Food
Business Types:
Hawaiian Style Restaurant
Poke Restaurants
Attributes:
Absentee Run
E-2 Visa Eligible
SBA Loan Pre-Qualified
Training And Support
Non-Disclosure Agreement
Interested in this business? Request to sign the NDA to receive exclusive information.
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Absentee Poke Restaurant – $210K Net – Short Hours – Major Price Cut ($495K)
Posting ID
#5173629
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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