Mexican Restaurant with Property
Riverside Center

Olivia’s is a long-established Mexican restaurant in Riverside with a loyal customer base that spans generations of local families. The business generates approximately $1.6 million in annual gross sales and is being offered together with the real property, creating a rare opportunity to acquire both a successful restaurant operation and its location.

Known for its authentic Mexican cuisine, generous portions, and consistent quality, Olivia’s has built a reputation around recipes and flavors that have kept customers returning for years. The restaurant’s success is also supported by an experienced and dedicated team, including longtime cooks and staff members who understand the menu, the customers, and the day-to-day operation of the business. Their familiarity and continuity help preserve the quality and service that customers have come to expect.

Olivia’s has received significant community recognition over the years, including features in food publications and the Press-Enterprise, multiple “Best Restaurant” honors in Riverside and the Inland Empire, and recognition from local and state elected officials. The restaurant is fully equipped and offers a buyer the opportunity to acquire a true Riverside legacy business with strong sales, an established reputation, experienced staff, valuable real estate, and decades of community goodwill.

Listing Number:

25828

Category:

Food - Restaurant

Location:

Riverside Center
$3,000,000

Financial Information:

Gross Revenue:

$1,682,593

Listed Price:

$3,000,000

Down Payment:

$0

Total Income:

$0

Year Established:

1978

Lease Information:

Square Feet:

3049

Total Rent:

$0

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$75,000

Equipment / Fixtures:

$80,000

Inventory:

$25,000

Other Assets:

N/A

Additional Information:

Full-Time Employees:

10

Part-Time Employees:

5

Special License Required:

N/A

Contract Staff:

0

Training Period:

4 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
Patricia Chavez
Office: | Cell: (951) 237-2261
License #: 02253364

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Mexican Restaurant with Property
Riverside Center

Listing Number:

25828

Category:

Food - Restaurant

Location:

Riverside Center

Listed Price:

$3,000,000
brokerPhoto
Patricia Chavez
Office: | Cell: (951) 237-2261
License #: 02253364
Olivia’s is a long-established Mexican restaurant in Riverside with a loyal customer base that spans generations of local families. The business generates approximately $1.6 million in annual gross sales and is being offered together with the real property, creating a rare opportunity to acquire both a successful restaurant operation and its location.

Known for its authentic Mexican cuisine, generous portions, and consistent quality, Olivia’s has built a reputation around recipes and flavors that have kept customers returning for years. The restaurant’s success is also supported by an experienced and dedicated team, including longtime cooks and staff members who understand the menu, the customers, and the day-to-day operation of the business. Their familiarity and continuity help preserve the quality and service that customers have come to expect.

Olivia’s has received significant community recognition over the years, including features in food publications and the Press-Enterprise, multiple “Best Restaurant” honors in Riverside and the Inland Empire, and recognition from local and state elected officials. The restaurant is fully equipped and offers a buyer the opportunity to acquire a true Riverside legacy business with strong sales, an established reputation, experienced staff, valuable real estate, and decades of community goodwill.

Financial Information

Gross Revenue:

$1,682,593

Listed Price:

$3,000,000

Down Payment:

$0

Total Income:

$0

Year Established:

1978

Lease Information

Square Feet:

3049

Total Rent:

$0

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$75,000

Equipment / Fixtures:

$80,000

Inventory:

$25,000

Other Assets:

N/A

Additional Information

Full-Time Employees:

10

Part-Time Employees:

5

Special License Required:

N/A

Contract Staff:

0

Training Period:

4 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.