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Norco, California
Restaurants & Food
2 results for "Restaurants & Food" businesses in "Norco, California"
Norco, California
Restaurants & Food
2 results for "Restaurants & Food" businesses in "Norco, California"
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Norco, California
ASK $280K: YEAR GROSS $1.19M: THAI RESTAURANT near CORONA :MONTH NET $18K:SBA $100K DOWN Rent $3,858 W/NNN
$ 280,000
CF : $ 216,000
ASK $280,000. MONTHLY NET INCOME:$18,000(per seller's disclosure) Available for sale is a profitable Thai restaurant in the bustling city of Norco, California. This Asian restaurant has been successfully operating since 2018 and currently employs a team of 10. The asking price is $280,000, with an SBA loan option of $100,000 down. The restaurant boasts a yearly gross of $1.19 million and an actual net income of $216,000 per year. This high profitability paired with the asking price offers a quick ROI for any potential buyer. The business operates in a 2,000 square foot space with a monthly rent of $3,800. The establishment offers a turnkey operation with an established menu, loyal customer base, and a well-trained team. Additionally, the business has several attributes including an absentee run model, SBA loan pre-qualification, training and support for new owners, and a liquor license. The reason for sale is due to the owner managing several businesses. The new owner will receive 2 weeks of training after the closing of escrow, ensuring a smooth transition. This is a fantastic opportunity to own a thriving Thai restaurant in a prime location. For more details, or to view this business, contact broker Joey Kim at 213 255 1478

Norco, California
Market Sushi
$ 67,000
CF : $ 140,856
Sushi Bar For Sale No. of Employee: 1 Full-time (wage $5,500) Current Owner: Only manages, not directly operating Reason for Sale: Focusing on another location Monthly Gross Sale: $29,345 Monthly Net Income: $11,738 (before payroll) Business Highlights This Sushi Bar is located inside a large Market with steady daily foot traffic. The Franchise Headquarters charges 39% of Gross Sales (Variable Fee), which already includes rent, electricity, and all utility costs. Therefore, no additional utility expenses are required. Please note that this 39% fee may be adjusted based on mutual agreement with the Headquarters. The operation is simple, and the business already has a stable sales and income structure. Not Suitable For: Buyers seeking an Investment only, relying entirely on employees to operate the business Buyers with a Full-time Job looking to run this as a Side Job This business is ideal for an owner-operator who wants to directly manage and generate stable income.
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