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Victorville Restaurant w/ Liquor, Drive Thru and Building Included - Victorville, California
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Victorville Restaurant W/ Liquor, Drive Thru And Building Included
Victorville, California
Offered at:
$777,000
| Office Listing # | VictorMex |
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Revenue: |
$492,746 / year
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Cash Flow: |
$141,161 / year
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Lease Rent: |
$1,500 / month
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Square Feet: |
4500 |
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This Victorville restaurant with liquor and drive thru is for
sale with an exciting opportunity to also own the building.
The restaurant was established in 1993 and has
consistently generated significant profits due to the
quality food service offered and loyal following. The
building was recently remodeled with a first-class
restaurant design likely to impress any restaurant
operator, as it includes multiple hoods, walk-in coolers and
dishwashing stations, resulting in an increase overall
efficiency and activity flow.
The business operates from a 4,500 square foot facility.
The seller owns the building and leases the land on a
ground lease until 2050 at a rate of $1,500 per month.
The asking price includes all of the assets of the business
as well as the building. Inventory will be sold in addition
to the asking price at cost at close.
Competition is considered medium as other similar
restaurants exist in the area, however this business is
well established, has an excellent reputation due to the
quality food offered, and includes a liquor license.
The business has room to grow with increased marketing
via direct mail, door flyers, radio ads, and a website that
could process online orders as well as delivery. The
current owner also has not capitalized on the liquor license
and additional revenue that could be generated with
proper marketing, event offerings, delivery service,
weddings and banquets, etc.
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| Organization: |
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Sole
Proprietorship
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| Year
Established: |
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1993
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| Current
Owner: |
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1993
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| # of
Employees: |
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10
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| Seating: |
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68
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| Square
Foot/Size: |
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4500
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| License(s) Required: |
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Contact For Info
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| Reason
For Sale: |
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Personal
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| Revenue: |
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$492,746 / year
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| Cash Flow: |
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$141,161 / year
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| Payroll: |
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Contact For Info
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| FF&E: |
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$100000
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| Lease Rent: |
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$1,500 / month
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| Lease Expiration: |
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2030
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| Lease Option: |
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30 yr. w/ 2 10-yr option
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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.
Read
the
full disclaimer before responding
to any ad.
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