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Riverside County, California
Asking Price
$11,000,000
Revenue
$19,000,000
Down
$3,500,000
Cash Flow
$2,550,000
Year Established:
1990
Employees:
75
Reason for sale:
Retiring
Support & Training:
yes
Lease Terms:
Long term
Posting ID:
288195
Business Category:
Retail, Restaurants & Food
Business Types:
Full Service, Dine In Restaurant
Bakery
Bistro
Keywords:
Riverside County, california, full service, bakery, bistro, american
Attributes:
Training And Support
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This restaurant is 1,500 square feet in size with a seating capacity of 28 and has been in operation since 2020. The current lease terms are $6,267 per month (including CAM) with an annual increase of 3.5%. The lease is 3 years plus a 5-year option, with a security deposit equal to one month’s rent. The staff currently consists of 1 full-time and 3 part-time employees, while the owner works approximately 25 hours per week. The average monthly sales are about $27,526, and the current owner has been operating the business since June 2024. This is an Asset Sale. Although monthly sales are steady, after deducting various expenses, the net profit is minimal. Therefore, the value lies mainly in the equipment, fixtures, and location. Sales reports from the POS system can be provided, but no formal financial statements will be available. The current owner has not been able to dedicate much attention to this business due to focusing on other ventures. For a buyer with experience in operating poke restaurants, this represents a strong opportunity with growth potential. In addition, the mall has a variety of other restaurants, providing strong customer traffic. The seller is open to negotiating reasonable offers.
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