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Listing View: Graziano''s Restaurant/Bar For Sale- Family Owned for 35 Years - Upland, California


Graziano''s Restaurant/bar For Sale- Family Owned For 35 Years
Upland, California

Offered at:
$295,000

Revenue: $900,000 / year
Cash Flow: $80,000 / year
Lease Rent: Contact For Info
Square Feet: 5,100

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 Listing Description

Outstanding opportunity to purchase a successful restaurant. Located in a busy Stater Bros. shopping center. Type 47 liquor license, liquor can be served until 2 A.M. Bar area seats 80 people with adjacent smoking patio open until 2 A.M. Bar has a direct entrance and offers a stage for entertainment. The restaurant seats 95 people with an adjoining salad bar area. Restaurant and bar are separate. 5,100 square feet, seating of 175 total. Fully equipped kitchen and bar. Awarded Best Italian Restaurant by Inland Empire Magazine. Family owned and operated since 1978. Grazaino''s is well known in the area for good food and a friendly atmosphere. Established customer base. Insulated from other competitors due to the unique residential community. Located at the base of San Antonio Heights. Average income in a 1 mile radius is $98,839. On average 37,360 cars travel through this intersection daily. Business is offered at less than 1/2 of replacement value. 10 years remaining on the lease.

General Information
Contact Information
Organization:   Corporation
Year Established:   1978
Current Owner:   Contact For Info
# of Employees:   20
Seating:   175
Square Foot/Size:   5,100
Parking:   Shared shopping center parking lot
License(s) Required:   Type 47
Days Open/Hours:   11 A.M. TO 2 A.M.
Reason For Sale:   New Business Venture
     
Financial Information
Revenue:   $900,000 / year
Cash Flow:   $80,000 / year
Payroll:   Contact For Info
Lease Information
Lease Expiration:   10 Years
Financing Information
Down Payment:   295,000
All Cash:   295000
Listed by:   Janine Peltier
 Progressive Real Estate Partners
Email: Email Seller
Phone:  909-230-4500


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Disclaimer
The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Business For Sale Exchange has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness.
 
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