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Business for sale: Restaurant

Ad ID: 15003

Location: United States - California - rancho cucamonga

Published on April of 2008 | 72 visits | 0 contacts


Business data

Description:
Location! Location! Location! Great lease, with beer and wine license.
Very difficult to start a restaurant concept in this area. A beautiful newly modeled restaurant seating 117 people is located near Ontario Mills. Located in a hi-traffic area across from Olive Garden, Red Lobster and other big restaurants bringing in a lot of traffic. Also near 5 major hotels (Holiday Inn, Marriott, Hilton, etc.). Very visible from the main street. Lots of parking spaces available. Lots of potential to increase sales, no advertising or marketing is being done. $129,000 annual net income, seller will prove. Due to the current owner’s other obligations, seller is extremely motivated. All offers are welcome.



For more information, please visit www.WiseBusinesses.com, then print, complete and fax a CONFIDENTIALITY form to (818) 933-5226 or contact Judy Loh Wise Business Advisors, at (818) 933-5222 ext 118.


Sale details

Price:
498,000 $
Reasons for selling:
other business
Object of the sale:
Type of Company: S.A./Inc.

Financial information

Net profits:
129,000 $
Sales of the last 1 year:
648,000 $

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