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#6426
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Chico Restaurants For Sale

Profitable Mexican Restaurant

$175,000
Available
 Profitable Mexican Restaurant



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Your Fiesta Awaits: Own a Thriving Mexican Restaurant

Calling all restaurateurs with a taste for adventure!

Ready to trade spreadsheets for sizzling fajitas and margarita magic? This established Mexican restaurant is more than just a business – it's a vibrant corazón of the community, bursting with flavor and fun. And now, it's ready for its next chapter, with you at the helm.

Here's what you'll inherit:

  • Good location: Nestled on a Main road with a private parking lot.
  • Loyal clientele: A dedicated following of hungry amigos, eager for your signature dishes and warm hospitality.
  • Proven track record: Consistent revenue and strong financial performance, ready to be amplified by your vision.
  • Turnkey operation: A fully equipped kitchen, charming dining space, and a fiesta-ready atmosphere just waiting for your personal touch.
  • Endless possibilities: From expanding the menu to hosting unforgettable events, this restaurant is your canvas to paint your culinary dreams.

Imagine:

  • The sizzle of Fajitas' filling the air.
  • Laughter echoing from tables brimming with families sharing margaritas and memories.
  • The satisfaction of seeing your passion for authentic Mexican food brings joy to every guest.

A Full Type 47 Liquor license is included! 

Rent is Currently $5,600 all in 3,000sqft.

The seller recently Upgraded the Decor with New Tables, Booths, Paint, and Artwork.

Sales are up Nicely in 2023 at $824K. 

Sales 2024 Over $200K for Jan.-March.

Over $80K invested in Dining Room Upgrades and a Full Liquor license!

Don't let this opportunity go cold! Seize the chance to own this well-established, where every day is a celebración of food, friends, and the irresistible rhythm of Mexican life.

Reason for selling: Moving out of the area.

SBA may be available for a qualified buyer.

Buyers will need to fill out a one-page buyer profile and show proof of funds for detailed financial information.

This is a Stone Path Brokerage Services Inc listing.
Restaurant Broker Scott Beaton DRE License #01853968

Lease

Region:
San Francisco Restaurants For Sale
San Francisco East Bay Restaurants For Sale
Chico Restaurants For Sale
Lease Term:
Expires Oct. 1, 2024 with two 5 year options
Total Monthly Rent:
$5,600
Security Deposit:
$5,300

Financials

Last Year's Annual Gross:
$824,767
Last Year's Owner's Cash Flow:
$198,338
Last Year's Food Cost %:
31.1
Last Year's Payroll Cost %:
30.2
Last Year's Rent %:
8.2
EBITDA:
140,098

Operations

Liquor License:
47
# of Part-Time Employees:
9
# of Working Owners:
1
Hours Open:
11-8 7 days
Hood System Type 1:
Yes

Facilities

Indoor Seating:
85
Inside Sq. Ft.:
3,000

Highlights

  • Great Reviews
  • Freestanding building
  • Busy Street
  • Your own parking lot
  • Full 47 Liquor lic
  • Many recent Upgrades to the Dining area!
  • Nice Increase in Sales in 2023!

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 5-mi
2014 Total Population 36,389 73,162
Households 1-mi. 5-mi
2010 Number Of Households 15,419 29,899
2010 Persons Per Household 2.34 2.38
Median House Value $270,100 $281,965
Income Per Household $39,216 $42,126
Businesses 1-mi. 5-mi
2009 Number Of Businesses 1,012 2,197
2012 Number Of Employees 26,244 59,120
2012 Total Annual Payroll $507,110,000 $1,017,997,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.

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