Downtown Restaurant & Lounge with Full Bar and Patio in Riverside County
Downtown Restaurant & Lounge
Financial Details
- Asking Price:
- $274,888
- Annual Revenue:
- $500,000
- Profit Metric:
- Cash Flow
- Location:
- CA, US
- Sources:
- Date:
- October 08, 2025
Key Highlights
Description
This stylish, modern, intimate restaurant and lounge is located in the heart of downtown Riverside County, California, benefiting from heavy foot and vehicle traffic. The venue features a chef-driven menu complemented by a cocktail-focused bar, creating an upscale yet approachable atmosphere. The business is currently owner-absentee, presenting a prime opportunity for a hands-on owner-operator to increase profits. Current 2024 sales are $434,000, with projections to exceed $500,000 in 2025. The business boasts a full Type 47 liquor license, a patio, and an active social media following. Significant growth potential exists by expanding operating hours (currently 5 days/week, dinner only) and leveraging the fully equipped kitchen for virtual or ghost kitchen brands. The lease is favorable at $3,800/month including NNN, with an expiration in August 2026. Seller financing may be available for qualified buyers.
Industry Information
- Industry Description:
- Restaurants & Food
- Classification:
- Restaurants & Food
Operational Snapshot
- Reason for Selling:
- Owner Lives out of State
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $3,800 USD
- Lease Expiration:
- 2026
Broker Contact
- Name:
- Pablo Fonseca
- Company:
- Spectrum Business Advisors
Listing Details
- Listing ID:
- 75794cd0-7e94-4003-8855-c460217f44a6
- Source Listing ID:
- 2422727
- Deal Status:
- For Sale
- Last Updated:
- October 08, 2025
- Currency:
- USD