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Temecula Valley

  • Listing No.: 106-15280

  • Category: Food - Restaurant

Asking Price $239,000
Down Payment $0
Gross Revenue $642,000
Total Adjusted Net Income $128,000
Equipment/Fixtures $175,000
Year Established 2007
General Location Temecula Valley
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image-for-Shawn Ko
Contact Details:

This Italian restaurant has been operating for over 10 years with proven high profits.  This business has been pre-qualified for an SBA loan with only a 10% down payment!  Also, this business is ideal for E2 Visas from treaty countries.  This restaurant is currently only open for dinner and has a very loyal customer base.  In addition to dinner there are high volume catering sales that are growing year over year.  Lots of opportunities for additional revenue - potential to open for lunch/breakfast/brunch.  Seller wants to move back to East Coast to be with her family. 

Gross Revenue $642,000 Listed Price $239,000
Total Income $128,000 Down Payment $0
Base Rent $0 Square Feet 2649
Total Rent $7,134 Lease Expiration 9/2020
Rent Deposit $5,000 Lease Options 1, 5 year option
Inventory Not Included Leasehold Improvements $125,000
Equipment/ Fixtures $175,000 Other Assets
Full-Time Employees 0 Training Period 2 weeks
Part-Time Employees 9 Special License Required
Contract Staff 0 Reason for Selling Moving out of State

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.