Business For Sale

Business Overview:

This San Bernardino Beer and Wine Mexican Restaurant, once considered a high-end dining establishment, is nestled between two major freeways, with a large parking lot. This restaurant was boosting a net profit of $150,000 a year and producing a gross revenue of $60,000 per month. However, given the current economic downturn, revenues are approximately $20,000 per month. While this restaurant is at its historic low, a new owner would likely profit by acquiring this restaurant at its current position and reap the benefits when the economy improves.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

This 2,000 square feet corner location restaurant leases for $2,800 a month with terms to be negotiated with the landlord. A full kitchen with a walk-in cooler and two hoods, beer and wine license, seating for 50 persons, and approximately 20 parking spaces is included in this facility. The business’s furniture, fixtures and equipment (excluding the dishwasher) are included in the sale.

Market Competition and Expansion:

This restaurant is located in a predominately Latino area where other similar themed restaurants exist. This restaurant has managed to carve out a unique market niche during its 20 plus years in business. However, due to the costs for this niche, a bit more than lower-end concepts sales are down on what is expected to be a temporary basis. A new owner may consider waiting out the current economic downturn until the restaurant can return to its former profitability levels. Alternatively, a new owner may implement a lower cost food concept that caters to the local market while capitalizing on the business’s location and great freeway access, as well as a beer and wine license. Such concepts may include Mexican, Chinese, Central American, Barbecue, etc.

Reason for Selling:

Personal

Additional Details: