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#3951
Riverside Restaurants For Sale

Riverside Mexican Food Restaurant For Sale at Low Price

$75,000
Riverside Mexican Food Restaurant For Sale at Low Price
This Listing is Expired

Established Abesentee Operated Mexican Food Restaurant in a center anchored by a major high traffic grocery chain.This popular restaurant has a GREAT patio perfect for college students and local residents.

Owners have built a nice business, but now that the kids are growing up, they want to focus on their family. Because of this, they are letting this gem go for a price that will sell quickly. You can pick up where they left off-continue to build the customer base-expand the menu and breathe some new energy into an absentee owed restaurant.

Location is everything and you will get the best spot in the City of Riverside. It is very close to a major  University and this popular shopping and dining area attracts students who visit in droves. This is a Very Busy location and customers will have no problem finding you with a location that is inviting and visible from all areas of the center.

How To Grow This Business:

A Mexican food restaurant is for sale in Riverside and an experienced operator will know that means low food costs! Current owners have not offered catering, but you can offer this service because we all know that the University faculty and local hospitals are looking for convenient, reliable catering.

You can also promote this business through Groupon, etc...as the current owners do not. This is an opportunity to capitalize and to make money and to grow this business.

Lots of equipment and a great hood already in place. Ice Maker, Freezer, Refrigerator, Fryer, Grill, Flat Top...and so much more! You won't see an opportunity like this come along very often.

Good lease with an owner on premises. Bring those family recipes and make this place your own. 1000 sq ft inside with seating for 20+ in the patio. Owner has secured two 5 Yr options with two years left on original lease. There is huge upside to this opportunity. Act quick because it won't last!

41 Beer & Wine already in place.

Removed from market by seller-oct 2013

A Business Intermediary, Inc. Listing

This is a Business Intermediaries, Inc. listing.
Broker Chuck Machado DRE License #01899280

Lease

Region:
Riverside Restaurants For Sale
Lease Term:
Expires 10-2015 Plus 2 FIVE YR Options
Total Monthly Rent:
$3,651

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Part-Time Employees:
6
Hours Open:
M-TH 10-9
FR-SUN 8-10
Year Established:
2010
Hood System Type 1:
Yes

Facilities

Indoor Seating:
24
Outdoor Seating:
28
# of Parking Spots:
50
Inside Sq. Ft.:
1,000
Outside Sq. Ft.:
500

Highlights

  • Quick Serve Mexican Food For Sale
  • Hot Shopping Center-Mexican Restaurant For Sale
  • Mexican Food Near Major College
  • College Kids Love Mexican Food
  • Mexican Food In High End Center For Sale
  • Mexican Restaurant Great Patio
  • Cheap Mexican Food Restaurant For Sale
  • Mexican Food Restaurant Needs New Owner
  • Rare Find-Cheap Mexican Food Restaurant
  • Low Rent Mexican Food Restaurant

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 53,248 184,515
Households 3-mi. 5-mi
2010 Number Of Households 17,992 58,776
2010 Persons Per Household 2.88 3.01
Median House Value $232,800 $240,906
Income Per Household $39,465 $58,133
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,351 3,586
2012 Number Of Employees 53,560 115,582
2012 Total Annual Payroll $1,019,556,000 $2,328,398,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Business Intermediaries, 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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