Riverside County Popular Resort Town Restaurant

Not Disclosed, CA
Riverside County

Riverside County Popular Resort Town


Asking Price: Annual Revenue:
$350,000 $1,568,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Riverside County Popular Resort Town Restaurant Broker: Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: $350,000
Annual Revenue: $1,568,000
Net Profit: Not Disclosed
Cash Flow: $125,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1995
Employees: 34
BBN Listing #: 402711533
Broker Reference #: 4363

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Business Overview:

Riverside County Popular Resort Town Restaurant & Bar with Fantastic Views & ABC Hard Liquor License

RRC#: 4363
Asking Price: $350,000
Location: Riverside County Popular Resort Town
Annual Revenue: $1,568,000
Annual Cash Flow: $125,000
Monthly Rent: $17,109
Expiration: Jan 2023

Listing Description:
Voted “Best Pizza in the Desert” Award 4 years running by 'Open Table' for their Authentic Wood Fired Pizza which is only the beginning. This 8,600 square feet multi-level restaurant and bar offers great food, fantastic views, good times in a rustic, casual environment, with scenic views from patios on all sides of the building. Enjoy a fantastic meal with friends and family as the downtown street scene unfolds below you. The Sellers have owned since 2016 are semi-absentee. The business is fully managed along with 34 long term employees. This restaurant and bar is located at the center of the town with seating for over 150 customers plus ample standing room in the bar with parking for 100+ vehicles and a monthly rent of $17,000. Current Annual revenues are $1.6million and profitable with so much room for future growth which includes an ABC type 47 hard liquor license. Recent ABC type 47 in Riverside County have sold for $135,000.

2 extremely well-equipped kitchens.
The fully loaded main kitchen, which includes but not limited; Hoshizaki Ice Machine, 2 Door Refrigerator, Combination Refrigerator/Freezer, 2 Upright Freezers, Chest Freezer, Pizza Oven, 2 Door Glass Refrigerator, 4 Micros Kitchen Display Screens, 2 Closed Circuit Flat Screen TV’s, 2 6 burner Stoves with Oven, Cheese Melter, Char-Broiler, 2 Deep Fryers, Flattop Grill, 3 5-foot Refrigerated Prep Tables, 5-foot nonrefrigerated Prep Table, Double Steamer, 2 Hand Sinks, 3-Compartment Sink, Automatic Dishwasher, 4 Stainless Steel Dishwashing Tables, High Volume Mixer, Double Walk-in Refrigerator, 2 Compartment Sink, High-Capacity Stick Blender, Mandolin Slicer & a Double Panini Grill.

The Pizza kitchen, includes; Micros Kitchen Display Screen, Brick Pizza Oven, Refrigerated Prep Table, Walk-in Refrigerator, Meat/Cheese Slicer, Dough Rounder, 2 Stainless Steel Prep Tables, 1 Flat Screen TV, Refrigerated Bar Cooler, 3 Compartment Sink, Hand Sink, 4 Micros Stations.

To receive more information and discuss this opportunity with the broker, please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.

General Information:
Organization: 4363
Year Established: 1995
Employees: 34
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $130,666
Monthly Cash Flow: $10,417
Annual Revenue: $1,568,000
Annual Cash Flow: $125,000
Annual Payroll: $572,579

Facilities:
Square Feet: 8,600
Seating: 150+
Parking: 100+
Days/Hours of Operation: Monday - Friday 2.00pm - 9.00pm - Sat & Sun 11.00am - 9.00pm

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Square Feet: 8,600 Seating: 150+ Parking: 100+

Reason for Selling:

Other Interests.

Additional Details:

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

Relevant Links:

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