Absentee Gourmet Burgers for Sale in Riverside

Riverside, CA
Riverside County

Asking Price: Annual Revenue:
$99,000 $492,369

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Absentee Gourmet Burgers for Sale in Riverside Broker: Amit Wadhera
License #: 02086863

Quick Facts

Asking Price: $99,000
Annual Revenue: $492,369
Net Profit: Not Disclosed
Cash Flow: $55,949
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 4
BBN Listing #: 354323364
Broker Reference #: 106-15555

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Business Overview:

Incredible opportunity to purchase a business in one of Riverside's most popular shopping centers! This location was recently remodeled so equipment is in very good condition. Seller states that the business has experienced a steady increase in sales and the right buyer could take the concept to the next level of success, or buyer could easily convert to a different concept. Currently absentee run and earns around $20,000. Adjusted net profit of $55,000 for an owner operator, reducing payroll by $35,000. Asking price includes all small wares, furniture, fixtures, equipment, and tenant improvements. This business will sell quickly! Contact Amit Wadhera for NDA and additional information. Please use email reply button of this ad to contact us.

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Property Features and Assets:

2,025 square feet, lease ends 10/2022 with 1, 5 year option. Total rent is $9,409.

Reason for Selling:

Distance from other business.

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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