Chino Hills Restaurant Liquor Dancing Music & Parking For Sale

Business description

This full service Chino Hills restaurant with liquor, dancing, live music and parking offers the aspiring or established restaurateur the opportunity to own a restaurant with characteristics similar to a TGI Friday’s, Island’s or Chili’s. The restaurant offers a full bar, large dining area, private party room, full kitchen with 3 separate hood systems, a walk-in refrigerator and freezer, an office and separate employee restroom. The business is turn-key and the assets are in very good condition. This versatile facility could accommodate a number of different concepts and is designed for a multi-million dollar operation. The location and stand-alone building provide excellent street visibility and plenty of parking.

Property information

Real Estate:

Lease

Lease terms:

The restaurant is located in a 6,600 square foot facility that leases for $9,300 per month including common area maintenance on a lease valid through 2014 with a five-year option.

Location:

The restaurant is located in a 6,600 square foot facility that leases for $9,300 per month including common area maintenance on a lease valid through 2014 with a five-year option. The sale includes all of the business assets such as the furniture, fixtures, kitchen equipment, small wares, flat screen televisions, name, menu, and the liquor license. The sale also includes inventory valued at $2,000.

Size in square feet:

6,600

Other information

Expansion potential:

This business has enormous potential. The turn-key facility allows a buyer to begin operating immediately upon completion of any cosmetic modifications they may require. This facility could easily accommodate a number of concepts such as Mexican, Italian, Chinese, Japanese, Korean, Mediterranean, American, sports bar, franchise and much more.

Competition / Market:

Competition is medium as a number of restaurants exist in the area, however this sale includes a fully built out facility in an excellent location at a fraction of the cost required to construct and furnish a similar venue.

Support & training:

2 wks at 20 hrs/wk

Furniture / Fixtures value:

$40,000 (included in the asking price)

Inventory / Stock value:

$2,000 (included in the asking price)