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Corona, Riverside County, California
Asking Price
$270,000
Revenue
$760,000
Down
$140,000
Cash Flow
$120,000
Name: Joey Kim
Phone: Show phone number
Name
Joey Kim
Phone
Show phone number
Posting ID:
269809
Attributes:
Absentee Run
Owner/Seller Financing
SBA Loan Pre-Qualified
Semi Absentee Run
Training And Support
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Unearth this gem of a business opportunity nestled in the heart of Corona, California. This Thai restaurant, admired for its rich 13-year history and strong community reputation, currently generates $760,000 in annual revenue. With an average net income of $10,000 per month, this business boasts consistent profitability. The restaurant is favorably positioned in the busiest and most aesthetically pleasing mall in Corona, adjacent to a luxury movie theatre. Its prime location in a developing area with new homes and a golf community ensures a steady stream of foot traffic and potential for growth. This restaurant operates six days a week, offering its new owner flexibility and balance. Its 1,600 square foot space is leased at an attractive rate of $5,500 with NNN. The ample parking space is an added convenience for customers. The sale includes a beer and wine license, enhancing the dining experience for patrons and providing an additional revenue stream. Also, the business is pre-qualified for an SBA loan, making financing a breeze for qualified buyers. The seller, intending to return to a full-time teaching career, offers training and support to ensure a smooth transition. This is not just a restaurant for sale; it's an opportunity to continue a legacy while crafting your own. With its impressive financial performance and strategic location, this Thai restaurant is a lucrative investment. Don't miss this rare chance! Contact broker Joey Kim today for more details.

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