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#4984
San Bernardino Restaurant For Sale
Riverside County

Neighborhood Mexican Restaurant w/Beer & Wine

$75,000
Sold
Neighborhood Mexican Restaurant w/Beer & Wine
This Listing is Sold

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Great Family opportunity with this Local, Neighborhood Mexican Restaurant for sale. Owner wants to retire and has had years of prior experience as an Executive Chef at some major restaurants. Now it is your turn to take this concept to the next level.

Favorites include Jalapeno Fettuccine. Cilantro Chicken Breast and a huge crowd for Taco Tuesday.

Beer and Wine 41 license included and you get all the recipes for this fast casual concept.

Located within 2 miles is a new Loma Linda Medical Center that is now fully operating. Within 1 mile is a New Kaiser Hospital that is being built with completion set for Fall 2017. This is a great opportunity for catering and to attract a solid lunch crowd.

Catering is an area the current owner has not explored, but a savvy buyer will know that hospital personnel with all their meetings need catering.

Loma Linda Hospital is a golden opportunity because it is very close and there is very little competition in this town. Do yourself a favor and take a look at this restaurant and look at the area to see opportunity.

This restaurant seats 43 and tables outside on the front patio will attract even more customers.

Everything is owner-nothing leased. Grease interceptors in place and a huge 15 ft hood is ready to help you make money.

Good financials will make this a quick sale and owner is serious about moving on. This is priced right and it presents an opportunity for the right buyer. Perfect absentee owner gig.

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

Lease

Region:
San Bernardino Restaurant For Sale
Riverside County
Lease Term:
Sept 2017
Total Monthly Rent:
$3,108

Financials

Last Year's Annual Gross:
$224,485
Last Year's Owner's Cash Flow:
$45,216
Last Year's Food Cost %:
25
Last Year's Payroll Cost %:
20
EBITDA:
45404.19

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Part-Time Employees:
2
# of Family Employees:
1
# of Working Owners:
1
Hours Open:
Tu-Sat 11-9
Year Established:
2012
Hood System Type 1:
Yes

Facilities

Indoor Seating:
43
Outdoor Seating:
6
# of Parking Spots:
50
Inside Sq. Ft.:
1626

Highlights

  • Huge Opportunity For Mexican Restaurant
  • Local Mexican Restaurant For Sale
  • Neighborhood Fast Casual Mexican Food
  • Profitable Mexican restaurant For Sale
  • Great Lease Mexican Food Near Hospital
  • Hospital Close Mexican Restaurant
  • Mexican Restaurant Near Loma Linda For Sale
  • Great Catering Opportunity Mexican Restaurant
  • Bring Your Concept To This Local Shopping Center
  • Neighborhood Shopping Center Mexican Restaurant
  • Profitable Mexican Restaurant For Sale

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 54,588 142,874 222,656
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 16,657 40,070 65,426
2010 Persons Per Household 3.14 3.39 3.27
Median House Value $220,100 $221,502 $258,832
Income Per Household $56,108 $56,263 $68,124
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 802 2,179 3,625
2012 Number Of Employees 30,954 64,594 103,034
2012 Total Annual Payroll $563,988,000 $1,089,779,000 $1,786,054,000

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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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