The current property and business owner bought the building in 2019 and has invested over $350,000 into the total remodel of the restaurant and kitchen.  The new popular concept opened for takeout only in 2020 and had its grand opening in November of 2021.  The business profited roughly $120,000 in its first full year of operations.    The freestanding 5100sf building is located on a busy corner, and includes a dedicated, gated, parking lot with over 60 parking spaces.  The space has a large dining room that can seat roughly 120, with a separate banquet room that can seat 85 guests.   The front of house space has been upgraded with all new tile flooring and walls, faux bamboo counters and finishes, new ADA bathrooms, modern counter service ordering station with four menu display screens and much more.     The kitchen is amazingly equipped with four Type 1 hoods, 8x14 walk-in fridge and freezer that have new motors and compressors, new high capacity commercial water heater, washer/dryer, a large grease trap with easy access, owned dish&ice machine, and much more extensive new equipment.  The building also has ample storage, a large office, security camera systems, a supply garage with rolling door, five electric panels with over 400amps, upgraded HVAC and so much more.    The surrounding area sees a lot of driver traffic, as there is a Kaiser complex nearby as well as a Walmart shopping center.   Please reach out for a full equipment list.     The landlord will create a new long term lease for a qualified tenant. Monthly rent will be roughly $2sf plus NNNs, with 3% CPI increases annually.    The timing is perfect to take over this new business in a new space and see your profits grow far into the future.    *Reference RRC Listing #4278, if you are interested in Buying the Building w/Business.

General Info

  • OrganizationCorporation
  • Established2020, Grand opening in 2021
  • Current Owner2019
  • Employees12
  • Reason For SaleOther Interests

Facilities

  • Seating120 Dining room, 80 Banquet/Event Space
  • Square Feet5,151
  • ParkingDedicated Parking with Secure Gates/Fences, 60+ spaces
  • LicensesBusiness & health
  • Open Hours11am-8pm Wed-Sat, closed Monday Tuesday

Lease

  • Rent$10,000 + NNNs (new long lease available)
  • ExpirationNew Lease Available
  • Yearly Increase3%CPI
  • OptionNegotiable
  • DepositTBD

Financials

  • Monthly RevenueContact For Info
  • Monthly Cash FlowContact For Info
  • Annual RevenueContact For Info
  • Annual Cash Flow$111,887
  • Payroll$Contact For Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location