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- RE: SBA Loan Pre-Approved – Upscale Restaurant & Bar
- Contact: Steve Zimmerman
- License #: 1310250
Quick Facts
Asking Price: | $795,000 | |
Annual Revenue: | $1,981,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2013 | |
Employees: | 20 | |
BBN Listing #: | 989472 | |
Broker Reference #: | 4993 |
Business Overview:
SBA Loan Pre-Approved – Upscale Restaurant & Cocktail Bar – Enviable Location – 3,169 Sq Ft + Patio
RRC# 4993
Location: San Bernardino County
Description:
Pre-approved for a 10-year SBA loan with the Buyer needing just $120,000 down. Located on the Border with San Bernardino and LA Counties this modern feel and look, upscale Restaurant & Cocktail bar with ABC Type 47 Full Liquor License has won numerous National awards for their cocktails since 2013. "Location, location & location," this bar/restaurant is adjacent to a major college, many newly built and being built Luxury Apartments and yards from a major hub transit center. An array of dishes including an assortment of Tapas, Paellas, Pastas and Wood Stone oven pizzas. Every Sunday the restaurant features a special brunch menu, including international breakfast dishes, lunch specials, and champagne service. Full bar specializing in craft cocktails and a vast, expertly curated wine menu. Located in San Bernardino County, between I-210 & I-10. 4.5 Yelp Stars with many favorable reviews, “The place was busy with live music and an attentive staff. They also have an extensive wine and whisky collection. They offer a good selection of food. We had the bacon wrapped dates and potatoes for our starters and they tasted great. We ordered the Filet Mignon special and the Ribeye Steak. Great quality and taste.” Owner is semi-absentee and has developed consistent revenue and profits for many years with over $1.980 million in annual sale revenues producing $250,000 in profits all by opening in the evenings only. Annual rent at only $109,000 and 5.5% of sales makes this a low rent for the area. Fully fitted Open kitchen, some of the equipment includes, Stoves, Grill, Deep Fryers and a Wood burning Pizza Oven, complimented with ample refrigeration and worktops. 3,169 sq ft of Kitchen, Dining room and Cocktail bar plus Patio dining. High visibility and great curb appeal and the local university is building a sports bowl across the street. Breaking ground in January 2026. To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long-term SBA loan solution, please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.
Financial Information:
Monthly Revenue: $165,083
Monthly Cash Flow: $21,000
Annual Revenue: $1,981,000
Annual Cash Flow: $253,000
General Info:
Ownership: Inc
Established: 2013
Employees: 20
Reason For Sale: Other Interests
Monthly Rent: $9,100 Including NNN
Expiration:2027
Facilities:
Square Feet: 3,169 + Patio
Seating: 150 + Patio
Parking: Ample Mall Parking
Licenses: ABC Type 47, Health Permit & Business License
Days/Hours of Operation: Tues-Thurs 5pm - 9pm Fri & Sat 5pm-10pm Sunday 11am-9pm
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Property Features and Assets:
Facilities:
Square Feet: 3,169 + Patio
Seating: 150 + Patio
Parking: Ample Mall Parking
Licenses: ABC Type 47, Health Permit & Business License
Days/Hours of Operation: Tues-Thurs 5pm - 9pm Fri & Sat 5pm-10pm Sunday 11am-9pm
Market Competition and Expansion:
General Info:
Ownership: Inc
Established: 2013
Employees: 20
Reason For Sale: Other Interests
Monthly Rent: $9,100 Including NNN
Expiration:2027
Reason for Selling:
Other InterestsAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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