Steakhouse Restaurant Including Property

Ontario, CA
San Bernardino County


Asking Price: Annual Revenue:
$6,400,000 $2,000,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Steakhouse Restaurant Including Property Broker: Jerry Diza

Quick Facts

Asking Price: $6,400,000
Annual Revenue: $2,000,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1998
Employees: Not Disclosed
BBN Listing #: 469957972
Broker Reference #: 19009ST

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Business Overview:

DESCRIPTION:
Become your own landlord and avoid rent increases of 3% and see your property’s value will increase over the same time. This beautifully decorated restaurant was built for a purpose and it was designed with all the amenities needed for a high volume restaurant. The main floor has over 6,000 Square Feet of space including a piano bar, Cigar Patio, wine cellar, and multiple banquet / private dining rooms. This impressive and exclusive restaurant is comparable to any high-end national steakhouse chain! The second floor holds additional dining room and patio for private events, an office and storage area.

LOCATION:
Excellent visibility and access / High Traffic Counts / Freeway On-Off Ramp location and across from a large movie theater. Traffic count is over 55,000 cars and the building has great frontage. This is very close to a major mall with class A national tenants and sees 28 million visitors annually and it gives the location great exposure to be in front of the potential customers. This is a dominant year around retail and entertainment destination for the entire Inland Empire region.

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Property Features and Assets:

EQUIPMENT: The equipment have been kept in great condition and some have been replaced in recent years. FACILITIES & OPERATIONS: The facility is 8,100 Square Feet including the second floor which also has a guest elevator access in a prime shopping center area and very close to two major freeways. The lot size is 53,000 Square Feet with plenty of parking for a high volume operation of 7 days a week.

Additional Details:

  • The property is owned.
  • 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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