Fully Equipped Restaurant in Fallbrook

Fallbrook

Located on a main highway in Fallbrook, this impressive restaurant opportunity features over $1.2 million invested in extensive remodeling and renovations completed in 2023. The business is currently operating as an Italian concept, which can be continued or converted to another restaurant concept. The property offers approximately 5,000 SF, including two outdoor patios, a separate banquet/private dining room, and a fully equipped commercial kitchen with two hood systems and a grease trap. An ABC Type 47 liquor license is available for separate purchase at $150,000.Seller is retiring, creating an excellent opportunity for an owner-operator or experienced restaurateur.

Listing Number:

24969

Category:

Food - Restaurant

Location:

Fallbrook
$299,000

Financial Information:

Gross Revenue:

$500,000

Listed Price:

$299,000

Down Payment:

$0

Total Income:

$0

Year Established:

2023

Lease Information:

Square Feet:

5000

Total Rent:

$7,500

Lease Expiration:

N/A

Lease Options:

1 option, 5 years

Asset Information:

Leasehold Improvements:

$700,000

Equipment / Fixtures:

$300,000

Inventory:

$0

Other Assets:

N/A

Additional Information:

Full-Time Employees:

3

Part-Time Employees:

5

Special Licence Required:

Health Permit, ABC 47 license

Contract Staff:

0

Training Period:

10 weeks

Reason for Selling:

Retirement

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First Choice Business Brokers

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.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Shawn Ko
Office: | Cell: (760) 473-1187
License #: DRE# 01993063

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Fully Equipped Restaurant in Fallbrook
Fallbrook

Listing Number:

24969

Category:

Food - Restaurant

Location:

Fallbrook

Listed Price:

$299,000
brokerPhoto
Shawn Ko
Office: | Cell: (760) 473-1187
License #: DRE# 01993063
Located on a main highway in Fallbrook, this impressive restaurant opportunity features over $1.2 million invested in extensive remodeling and renovations completed in 2023. The business is currently operating as an Italian concept, which can be continued or converted to another restaurant concept. The property offers approximately 5,000 SF, including two outdoor patios, a separate banquet/private dining room, and a fully equipped commercial kitchen with two hood systems and a grease trap. An ABC Type 47 liquor license is available for separate purchase at $150,000.Seller is retiring, creating an excellent opportunity for an owner-operator or experienced restaurateur.

Financial Information

Gross Revenue:

$500,000

Listed Price:

$299,000

Down Payment:

$0

Total Income:

$0

Year Established:

2023

Lease Information

Square Feet:

5000

Total Rent:

$7,500

Lease Expiration:

N/A

Lease Options:

1 option, 5 years

Asset Information

Leasehold Improvements:

$700,000

Equipment / Fixtures:

$300,000

Inventory:

$0

Other Assets:

N/A

Additional Information

Full-Time Employees:

3

Part-Time Employees:

5

Special License Required:

Health Permit, ABC 47 license

Contract Staff:

0

Training Period:

10 weeks

Reason for Selling:

Retirement

First Choice Business Brokers

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.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.