SBA Loan Pre-Approved – Profitable Restaurant & Cocktail Bar – Enviable Location – 3,169 Sq Ft plus Patio
RRC#5420
Asking Price: $395,000
Location: San Bernardino County
Annual Revenue: $1,888,407
Annual Cash Flow: $233,565
Monthly Rent: $13,420 Inc NNN
Listing Description:
Pre-approved for a 10-year SBA loan and Buyer needing just $60,000 down. Modern feel and look Restaurant & Cocktail bar with ABC Type 47 Full Liquor License having won National award-winning cocktails with a modern dining experience built in 2013. An array of dishes including an assortment of Tapas, Paellas, Pastas and Wood Stone oven pizzas. Every Sunday the restaurant features a special brunch menu, including international breakfast dishes, lunch specials, and champagne service. Full bar specializing in craft cocktails and a vast, expertly curated wine menu. Located in San Bernardino County, between I-210 & I-10. 4.5 Yelp Stars with many favorable reviews, “The place was busy with live music and an attentive staff. They also have an extensive wine and whisky collection. They offer a good selection of food. We had the bacon wrapped dates and potatoes for our starters and they tasted great. We ordered the Filet Mignon special and the Ribeye Steak. Great quality and taste.” Owner is semi-absentee and has developed consistent revenue and profits for many years with over $1.980 million in annual sales revenues producing $200,000 in profits. Annual rent at $161,000 and 8.5% of sales makes this a low rent for the area. Fully fitted Open kitchen, some of the equipment includes, Stoves, Grill, Deep Fryers and a Wood burning Pizza Oven, complimented with ample refrigeration and worktops. 3,169 sq ft of Kitchen, Dining room and Cocktail bar plus Patio dining. High visibility and great curb appeal. To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long-term SBA loan solution, 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.
