Profitable Absentee-Run Mexican Restaurant & Cantina with Live Entertainment - San Bernardino County, CA

This listing presents a profitable, absentee-run Mexican Restaurant and Cantina located in San Bernardino County, California. The business boasts live entertainment, a desirable location in a busy center with ample parking, and offers seller financing. With annual sales of $2,860,715, the business is established and has been operating since 2014. It employs 20 staff members and operates from a 4500 sq. ft. facility. The asking price is $995,000, with a down payment of $100,000. While cash flow is available upon inquiry, the business has $20,000 in inventory (not included in the sale) and $100,000 in Furniture, Fixtures, and Equipment (FF&E) which are included. The owner is selling due to retirement and is willing to provide two weeks of training for a smooth transition. Potential buyers can enhance revenue streams by focusing on catering services, promoting alcoholic beverage sales, hosting events, and expanding digital marketing efforts. The business is managed by a full-time manager and well-trained employees, ensuring smooth operations for an absentee owner. One of the restaurant locations holds a live entertainment license.