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Listing 335

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This Mexican restaurant has been in business at the same prime location for many years and is a town favorite. The owner is ready to retire. There are approximately 2,900 Sq. Ft. in this well maintained building on a corner location on a busy street in the city. The annual gross sales are $651k and the annual adjusted net before debt payment is $168k(includes assumed reduction in labor cost). The Real Estate is included in the sale. A new owner can increase owner cash flow by improving labor costs which are curently 46%. General Information Listing Status: Sold Price: $675,000 Location: Chico~Yuba City Last Year's Annual Gross: $651,000 Last Year's Adjusted Net: $168,788 Liquor License: 41 Indoor Seating: 84 # of Part-Time Employees: 13 # of Full-Time Employees: 9 Year Established: 1974 Inside Sq. Ft.: 2900 Lot Dimension: 70x255 Lot Sq. Ft.: 17860 Hood System: No Highlights Real Estate Included Annual Gross Sales $651,000 Good Tax Returns SBA Financiing Available to qualified buyer Adjusted Net: Corner Location on Busy Street Easy access 2,900 Sq. Ft. building 26 parking spaces 22 total employees Annual Adjusted Seller's Cash $168,788 . Share this listing with this link: If you'd like the address & name, select this button: If you are new here, select this button: Restaurant Broker | Restaurants For Sale