Well Established American Diner, High Gross, Low Rent, Huge Upside

Rare opportunity for an experienced or aspiring restaurant operator to own a landmark business in growing Perris, CA. More than 20 years of successful business, positive feedback, established customer base, and not to mention huge potential upside, this local gem is an excellent investment. This 50’s themed diner serves breakfast, lunch and dinner and employs around 24 staff members. It’s virtually self-operated, current owners are not local and only reason for sale is a partnership split. Annual gross sales are $1.2 million, that’s with ZERO advertising, therefore tons of upside potential. This is a stand-alone restaurant located on busy intersection and across the street from a local high school. Don’t miss this turn-key opportunity with huge potential. Motivated seller. Motivated and serious buyers must execute NDA and show proof of funds. Location: Perris, California Year Established: 2000 Number of Employees: 24 Real Estate: Leased Building Sq. Ft.: 3,819 Rent: $7,000.00 Per Month Facilities: Facility has undergone many recent upgrades. A/C upgrades, equipment upgrades, electrical upgrades, and a roof overhaul. Over 75k in equipment and upgrades. Ample parking in front, side and behind the building. All equipment inside restaurant is included in sale, all paid off. Market Outlook/ Competition: Currently underpriced and larger portions when compared to competitors. Substantial growth plans for the city of Perris, creating yet another growth opportunity for this business. The restaurant remained open throughout covid-19 and stayed profitable utilizing 3rd party delivery. Community staple and well-respected among residents. Travel destination due to close vicinity to major freeway. Growth & Expansion: Huge growth opportunities through minimal advertising, menu price increase, community outreach, owner operator, cost control.