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#2051
Orange County

Low Rent - Just $1.50/sq.ft. - Quick-Serve Mexican Restaurant

$39,000
Sold
Low Rent - Just $1.50/sq.ft. - Quick-Serve Mexican Restaurant
This Listing is Sold
SellingRestaurants presents this busy fast-food style sit down Mexican Restaurant in La Habra on a Major Street for only $39,000. This restaurant is fully operational with a busy lunch/dinner crowd.

It sits right on the street and has GREAT visibility which welcomes in many new customers. Traffic counts on this stretch of the street is 24,000, which is a huge advantage given the restaurant's great visibility from the street. It's no wonder that new customers are always stopping in to try the food.

The monthly rent was just reduced for the next 5 months to $3,000.00. That's ONLY $1.50/sq.ft. This rate will transfer to a qualified buyer so hurry and take advantage of this rent reduction. Thereafter the monthly rent rate according to the lease is $4,000.00, which is still a great rate at ONLY $2.00/sq.ft.

The area offers a plethora of businesses for a great lunch crowd. This spacious 2,000 sq.ft. restaurant has a very large open kitchen with a long list of equipment. A few of the large pieces of kitchen equipment include an oversized Type I hood system, flat grill, charbroiler, 2 deep fryers, 6 burner range with oven, below ground grease tank, refrigerated display cabinet, 3 door Traulsen refrigerator, walk-in freezer, and plenty more.

With all of this equipment and low rent terms, this restaurant is perfect for your own food concept or continue with the same menu. The landlord will allow just about any food concept so visit the location today to see how this restaurant facility works for you.

The owner is selling the restaurant because he is an absentee-owner with another career.

Take the next step and complete the online confidentiality agreement and you�ll be provided with the restaurant name, address, and pictures to view. Also you will given priority notification to new listings in the future, prior to the general public, giving you the best chance to �scoop in� the best opportunities. There are also more photos available to our registered buyers.This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Orange County
Lease Term:
expires April 2018 with
Total Monthly Rent:
$3,000
Security Deposit:
$4,000

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
2
Hours Open:
Monday-Sunday: 7a - 10p
Year Established:
2007
Hood System Type 1:
Yes

Facilities

Indoor Seating:
48
# of Parking Spots:
14
Inside Sq. Ft.:
2000

Highlights

  • Low Rent...ONLY $1.50/sq.ft. for limited time. Act Quick to Take Advantage
  • Large Open Kitchen with a long list of Equipment
  • Great Visibility. Sits on Major Blvd. Easy In/Out Access to Parking Lot
  • Daily traffic count on blvd. 24,000 cars
  • Located near a plethora of businesses and residential communities
  • Visit this restaurant today!

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 69,157 89,379 497,636
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 21,452 28,240 150,997
2010 Persons Per Household 3.13 3.08 3.19
Median House Value $416,400 $418,107 $438,126
Income Per Household $65,804 $71,735 $70,678
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,205 1,593 11,497
2012 Number Of Employees 26,736 37,536 337,582
2012 Total Annual Payroll $432,111,000 $620,066,000 $4,294,967,295

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, 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 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, 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. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of 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.

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