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Established Southern California Cheesesteak Franchise

Riverside, California Food Services

About this business

This established cheesesteak franchise in Riverside is offered at $475,000 and operates as a profitable fast-casual restaurant featuring authentic Philadelphia-style cheesesteaks, hoagies, and specialty products. The approximately 1,500-square-foot location benefits from a recent build-out and a prime position directly adjacent to Starbucks, providing excellent daily foot traffic. The business generates annual revenue of $700,000 with seller-reported SDE exceeding $100,000. Multiple revenue channels include indoor dining, takeout, delivery, online ordering, and catering services. The franchise operates under an established brand with proven menu and operating systems, appealing to owner-operators or multi-unit restaurant buyers. Monthly rent is $4,854. The transaction, franchise transfer, buyer approval, training requirements, and continued use of the Philly's Best brand are subject to franchisor approval. Lease assignment and occupancy terms are subject to landlord approval.

Financial overview

Gross Revenue $700K
SDE Not disclosed
EBITDA Not disclosed
Fixed Assets Not disclosed
SDE Multiple —
Revenue Multiple 0.68×
SDE Margin —
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Location

Riverside, California

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Asking Price $475,000