Selling Restaurants proudly presents this pristine Mexican Restaurant. This Restaurant is located at a major crossroads, on the corner of a lively shopping center, situated in the Sierra foothills. The whole restaurant is beautifully appointed with seating inside for 70 and outside seating for 20+ on the front Patio with high street corner visibility. Patio could a focal point of fun and profit!
This is your opportunity to operate your very own Mexican style restaurant, which includes a type 41 Beer and Wine License. Presently the owners operate the business lunch and dinner. The business has been in the present ownership for 3 years. The Lease is attractive, with 5yrs remaining and a further 7yr option. 2600 sq ft inside and 350 sq ft outside Patio dining. The total rent is a mere $2700 per month, representing such great value for the location. Operational hours presently are 11:00am - 9:00pm daily. There is huge potential to increase profitability. Monthly sales are available upon request.
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This is a Stone Path Brokerage Services Inc listing.
Restaurant Broker Scott Beaton DRE License #01853968
Lease
Region:
Sacramento Restaurant For Sale
Lease Term:
Expires 2012 + 7 yr option
Total Monthly Rent:
$2,700
Financials
Last Year's Annual Gross:
$212,810
Last Year's Food Cost %:
37
Last Year's Payroll Cost %:
24
Operations
# of Full-Time Employees:
2
# of Part-Time Employees:
2
Hours Open:
Daily 11.00am - 9.00pm
Highlights
- Beautiful appointed Mexican Restaurant
- Located at Major Crossroads
- Low Low Rent
- Seats 70 inside plus nice outside patio dining area for 20+
- large Kitchen and Prep space
- Ample parking
- Looks like new
- Turn Key.
- Family opportunity to own your own successful restaurant
- Motivated seller needs to relocate
- Corner unit of small mall
- Well established with great reputation
Financing
Will Seller Lend To Buyer:
No
Demographics
Population |
5-mi |
2014 Total Population |
29,665 |
Households |
5-mi |
2010 Number Of Households |
11,002 |
2010 Persons Per Household |
2.64 |
Median House Value |
$366,900 |
Income Per Household |
$77,718 |
Businesses |
5-mi |
2009 Number Of Businesses |
672 |
2012 Number Of Employees |
10,152 |
2012 Total Annual Payroll |
$216,828,000 |
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.