Last Revised: 9/9/19. Posting #: 250547
Key Words: cafe, upland, ontario, san bernardino, absentee
Financial Info: Price: $295,000. Down: $125,000. Adjusted Net: $110,800. Annual Revenues: $698,200. Seller shall finance a qualified buyer with $125,000 down for a period of up-to five years at 6% APR.
Profile: Great opportunity to own an established, high net, 100% absentee owned and employee operated restaurant with beer & wine (ABC-Type 41) license in the very desirable Upland/Ontario area.
This business establishment with ample seating capacity and a large patio dining area attracts patrons for a quick business lunch to a fun filled night out with friends and family.
Upon arrival, this establishment pampers its guests with a selection of beers and a mouthwatering menu, providing an enjoyable dining atmosphere.
Additionally, current ownership dedicates almost no time and resources for advertisement and promotion of this business and most of its clientele is established repeat or referral, therefore, upside potential, additional revenues and resulting higher bottom line may be realized by actively engaging in advertisement campaigns and utilizing social media.
Sellers maintain a full complement of staff with very high payroll related expenses, therefore, a higher bottom line may be realized for an energetic new buyer by controlling payroll related expenses.
Anchored by multiple national brand business establishments, this business is located in busy shopping center, ensuring a large volume of vehicle and foot traffic. Growth in surrounding area may result in higher traffic and added future potential.
Seller shall finance a qualified buyer with $125,000 down for a period of up-to five (5) years at six (6)% APR.
Low down payment, seller financing, 100% absentee ownership, full complement of staff, very busy major street location along with opportunity for expansion and growth presents a rare acquisition opportunity.
Professional Resources & Contacts To Help You Close Your Deal!
Profile: Sugaer is a strategic business advisory firm that helps business owners start and grow great businesses, and exit at maximum value. Our firm works with organizations across the business lifecycle, positioning them to prosper over the long term. Expertise in growth/value building, M&A, due diligence.
Key Words: russell logan, sugaer, business intermediary, mergers and acquisitions intermediary, due diligence, consultant, value building, bakery, cafe
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
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Profile: New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. We believe in long term relationships with our clients. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese.
Key Words: escrow, bulk sale, helen yoo, new century escrow
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
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Key Words: buyers, buying a business, finding a business, searching for a business, online businesses, business opportunities, scams, jordan green
Profile: When posting either a For Sale or Wanted To Buy Posting on BizBenNetwork, effective copy can be critical for catching the attention of either a prospective buyer (with a For Sale Posting), or a seller (with a Wanting Posting). Peter Siegel covers what our research shows works best in BBN postings.
Key Words: postings, posting, peter siegel, advertising
Profile: Owner sellers begin the process of selling their business with incorrect assumptions derived from a subjective mindset, limiting their ability to properly market to buyers. By understanding the motivations and goals of business buyers better, owners can sell their businesses more quickly.
Key Words: selling a business, seller, buyers, escrow, spencer siegel
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Profile: Many business owners wonder if there is ever a perfect time to sell their business. Should you sell your business now or wait until your business is more profitable/valuable? BizBenNetwork Senior Facilitator Manager Jordan Green explores this complicated question for business owner/sellers.
Key Words: jordan green, profit, profits, profitable, selling your business, sell a business, business owner, value, valuable, business value, profitable business
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