Victorville Restaurant With Liquor And Drive Thru For Sale

Business description

This Victorville restaurant with liquor and drive thru is for sale with an exciting opportunity to also own the building. The restaurant was established in 1993 and has consistently generated significant profits due to the quality food service offered and loyal following. The building was recently remodeled with a first-class restaurant design likely to impress any restaurant operator, as it includes multiple hoods, walk-in coolers and dishwashing stations, resulting in an increase overall efficiency and activity flow.

Property information

Real Estate:

Real Property Included

Location:

The business operates from a 4,500 square foot facility. The seller owns the building and leases the land on a ground lease until 2050 at a rate of $1,500 per month. The asking price includes all of the assets of the business as well as the building. Inventory will be sold in addition to the asking price at cost at close.

Size in square feet:

4,500

Business Operation

Expansion potential:

The business has room to grow with increased marketing via direct mail, door flyers, radio ads, and a website that could process online orders as well as delivery. The current owner also has not capitalized on the liquor license and additional revenue that could be generated with proper marketing, event offerings, delivery service, weddings and banquets, etc.

Competition / Market:

Competition is considered medium as other similar restaurants exist in the area, however this business is well established, has an excellent reputation due to the quality food offered, and includes a liquor license.

Reasons for selling:

Personal

Employees:

10

Years established:

1993

Franchise terms

The business operates from a 4,500 square foot facility. The seller owns the building and leases the land on a ground lease until 2050 at a rate of $1,500 per month.

Other information

Support & training:

2 wks at 20 hrs/wk

Furniture / Fixtures value:

$100,000 (included in the asking price)