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Sophisticated Restaurant And Lounge With Liquor For Sale

San Bernardino County, California - South
Asking Price:
$350,000 (USD) Furniture / Fixtures included
Sales Revenue:
$1,200,000 (USD)
Cash Flow:
$150,000 (USD)

This sophisticated restaurant with a French twist and adjacent martini lounge is located in a highly sought after area of Greater San Bernardino. The tranquil indoor – outdoor venue boasts both the restaurant as well as a bar. Each component of the business can serve restaurant customers but the two are separated by a serene patio. This creates the appearance of separate businesses that can operate independently or that can be dedicated to separate events.

This 2,350 square foot facility with a 950 square foot patio leases for $5,700 per month on a lease that expires in 2021. All of the business's furniture, fixtures, equipment and Type 47 Liquor License will be included. Approximately $10,000 in wine and liquor inventory will be sold at cost at close in addition to purchase price.

Property information

Real Estate:

Lease

Business Operation

Expansion Potential:

New operators will likely operate the successful venue in much the same manner that it has been for 25 years. They will likely wish to bolster the bar revenues by further capitalizing in the space as well as its ability to host private parties and events. They could also further develop the bar concept via the additional complimentary offerings.

Competition / Market:

While competition exits for the general type of fare that is offered, and in the bar category for the martini lounge atmosphere provided, the venue possesses a unique quality due to its sophisticated high quality fusion offering, patio driven layout, ambiance and combined restaurant and bar offering that make it the alluring customer embraced oasis that it is.

Reasons for selling:

Personal

Employees:
20
Years established:
1992

Other Information

Support & training:

2 Weeks at 20 hrs/wk

Furniture / Fixtures value:
$20,000 (USD) - included in the asking price
Inventory / Stock value:
$10,000 (USD)

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