ONTARIO, California
| Asking Price |
$375,000 |
Year Established |
1957 |
|
| Annual Revenue |
$1,236,752 |
Reason for Selling |
Personal |
|
| Annual P/L |
$209,070 |
Attention |
Ryan Clark |
|
| Annual Cash Flow |
$258,495 |
Listing Number |
1005160 |
|
| # of Employees |
20 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
This Greater Ontario Area combination restaurant and bar is a longtime local neighborhood favorite with great access and street visibility. The venue is known for its classic food and welcoming, down-to-earth atmosphere, and friendly service that keeps the regulars coming back. They boast hearty breakfasts, lunch with fresh-made dishes, and superclub style dinners with generous portions. The laid-back, family-style setting makes it a popular stop for locals looking for a satisfying, no-frills meal and a familiar neighborhood feel. The venue has a wholly separate bar that abounds with character.
Property Features and Assets:
<p>This 4k square foot location leases for $10k per month on a new 5-year lease, with 5-year option and term. All of the business’s furniture, fixtures, equipment, goodwill, and Type 47 Liquor License will be included in the sale. An estimated $5k in inventory will be sold at cost, at close.</p><p> </p>
Market Competition and Expansion:
<p>This establishment faces neighborhood competition from casual diners, breakfast cafés, and fast-casual chains that cater to customers looking for quick, affordable comfort food. Many competitors focus on speed, modern interiors, or niche menus, appealing to commuters and younger diners and revelers. Despite this, neighborhood eateries compete on consistency, quality fare, generous portions, and a loyal local customer base.</p><p> </p><p>New management may take this long-established venue in any number of directions. They may choose to drive foot traffic from locals, or market to the greater community to expand the customer base to cater to others that prefer comfort food in a friendly atmosphere with reliable service. By building on its established reputation while adapting to modern dining trends, management may also choose to enhance the menu offerings, to go after a broader customer base without losing its loyal following.</p><p> </p><p> </p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity