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Fully Functional Mediterranean/Mexican Restaurant In Pomona/La Verne For Sale

Pomona / La Verne, California - South, US
Asking Price:
$199,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$100K - $250K
Cash Flow:
Available on request

Fully equipped restaurant/bakery, with 22-chair seating area. Business license and public health permit up-to-date.

14-months old. Most equipment still under warranty.

You're buying a fully functional setup, original setup cost was just under $400k.

We have an established client base with new customers added every week.

Bakery with high potential

Property Information

Real Estate:

Lease

Lease Terms:

7-years starting 03/2022
option another 7 years
Landlord is open for a new lease for 14-years
Annual lease amount above includes NNN.

Leasehold Rent:

$38,650 per annum

Location:

Corner of Garey Ave and Foothill Blvd, Pomona CA

Premises Details:

retail plaza, anchored by Superior Supermarket

Size in square feet:
1,236

Business Operation

Competition / Market:

nearest similar bakery 5-miles away. There is a lot of request for Mexican bread/sweets or cakes/pastry which we don't do, but the bakery is setup for such products if desired.

Reasons for selling:

bought business due to debt owed to us from original owners. We're not in the business
of running a bakery

Trading hours:

11am - 8pm Tuesday - Friday
10am - 8pm Saturday and Sunday
closed Monday

Employees:
4
Years established:
2023

Other Information

Support & training:

30-days

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

initial down payment with installments to follow for qualified buyers

Furniture / Fixtures value:
$145,000 - included in the asking price
Inventory / Stock value:
$5,000 - included in the asking price
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