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#2216
San Bernardino Restaurants For Sale

Most Popular Mexican Fast Food in Rancho Mirage!

$99,000
Most Popular Mexican Fast Food in Rancho Mirage!
This Listing is Expired
BRING YOUR OFFER!!!

The pride of Rancho Mirage is up for sale, and here is your opportunity to own it!

This Mexican restaurant has been the areas most popular Mexican joint since they opened eight years ago. This is a Mexican fast food/sit down restaurant, known for their mouth watering chili Verde, fajitas platters, and breakfast burritos. There is a beer and wine license included in the sale. The dining room is beautifully decorated seating 48 with a relaxing patio, seating 25, that has a mist system to keep people cool during the warm weather.

Located just off the I-10 freeway next to several big box stores and entertainment generating plenty of vehicle and foot traffic.

Catering Clients include - Lowe's, Home Depot, Costco, Wal-Mart, Shadow Ridge Country Club, Westin, Eisenhower Medical Center & More.

2,210 square feet with a base rent of $2.00 sq. ft., and CAM of .57 sq. ft.
This will be a new lease, and the Landlord will negotiate rent and incentives with the right tenant.

Bring your offer NOW, and lock up this jewel of the desert!

Take the next step to obtain the name, address, and pictures by clicking on one of the orange buttons below.
Regional Manager Rodger Gibson DRE License #017022100

Lease

Region:
San Bernardino Restaurants For Sale
Lease Term:
New lease!
Total Monthly Rent:
$5,680
Security Deposit:
$6,000

Financials

Last Year's Annual Gross:
$400,000

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Part-Time Employees:
3
# of Family Employees:
1
Year Established:
2003
Hood System Type 1:
Yes

Facilities

Indoor Seating:
48
Outdoor Seating:
20
Inside Sq. Ft.:
2,210
Outside Sq. Ft.:
250

Highlights

  • Most Popular Mexican Fast Food!
  • Very High-Traffic Area
  • Seating For 48, With Beer and Wine!
  • Landlord Is Willing To Work With The New Owner!
  • Beautiful Patio Dining For 25
  • Base Rent $4,410
  • CAM $1,260
  • Negotiate Your New Lease!!

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 23,014 89,081
Households 3-mi. 5-mi
2010 Number Of Households 8,830 28,629
2010 Persons Per Household 1.94 2.64
Median House Value $518,000 $280,173
Income Per Household $77,526 $54,489
Businesses 3-mi. 5-mi
2009 Number Of Businesses 736 1,643
2012 Number Of Employees 26,584 46,308
2012 Total Annual Payroll $606,874,000 $887,878,000

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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