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  • Listing No.: 106-15272

  • Category: Food - Restaurant

Asking Price $149,000
Down Payment $0
Gross Revenue $550,000
Total Adjusted Net Income $89,000
Equipment/Fixtures $145,000
Year Established
General Location Murrieta
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image-for-Shawn Ko

Established restaurant that has been in the same location over 20 years under the same owner is available due to owner retirement.  Large kitchen with a double hood system, walk in refrigerator and walk in freezer all in excellent shape.  Located in a busy strip mall right off the freeway.  Loyal customers make this a great opportunity for a new owner/operator.  This operation can be converted into other concepts, such as Indian Cuisine, Thai, Vietnamese, or other fresh concept. 

Gross Revenue $550,000 Listed Price $149,000
Total Income $89,000 Down Payment $0
Base Rent $0 Square Feet 3155
Total Rent $6,205 Lease Expiration 12/2023
Rent Deposit $5,000 Lease Options 1, 5 year option
Inventory Not Included Leasehold Improvements $125,000
Equipment/ Fixtures $145,000 Other Assets
Full-Time Employees 4 Training Period 2 weeks
Part-Time Employees 3 Special License Required
Contract Staff 0 Reason for Selling Retirement

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.